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Evaluation of the Effectiveness of the "Group of Twenty" and BRICS Based on the Results of Monitoring the Implementation of Decisions
[Оценка Эффективности «Группы Двадцати» И Брикс На Основе Результатов Мониторинга Исполнения Решений]

Author

Listed:
  • Larionova, Marina (Ларионова, Марина)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Ignatov, Alexander (Игнатов, Александр)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Popova, Irina (Попова, Ирина)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Sakharov, Andrey (Сахаров, Андрей)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Safonkina, Elizaveta (Сафонкина, Елизавета)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Shelepov, Andrey (Шелепов, Андрей)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

Abstract

The work is devoted to a comparative evaluation of the effectiveness of the G20 and BRICS based on the results of monitoring the implementation of decisions on priority areas of cooperation. The authors come to the conclusion that at the G-20 level global issues related to the formation of international regimes for the regulation of the most important spheres of global governance are more effectively addressed: financial sector reform, investment regime, reform of the international trade system, reform of international financial institutions. Within the BRICS, specific tasks of social and economic development (access to ICT, the integration of small and medium-sized enterprises into global value chains, the development of electronic commerce) are effectively addressed. The development of common positions for their promotion in broader formats (in the sphere of reforming the international financial system, ensuring an open and equitable system of international trade), as well as regional security solutions, is being provided.

Suggested Citation

  • Larionova, Marina (Ларионова, Марина) & Ignatov, Alexander (Игнатов, Александр) & Popova, Irina (Попова, Ирина) & Sakharov, Andrey (Сахаров, Андрей) & Safonkina, Elizaveta (Сафонкина, Елизавета) & She, 2018. "Evaluation of the Effectiveness of the "Group of Twenty" and BRICS Based on the Results of Monitoring the Implementation of Decisions [Оценка Эффективности «Группы Двадцати» И Брикс На Ос," Working Papers 041813, Russian Presidential Academy of National Economy and Public Administration.
    • Handle: RePEc:rnp:wpaper:041813
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