G-20 Research Project: The Role of Indonesia in the G-20: Background, Role and Objectives of Indonesia’s Membership G-20 Research Team Yulius P Hermawan (Coordinator) Wulani Sriyuliani Getruida H Hardjowijono Sylvie Tanaga Published by G-20 Research Project The Role of Indonesia in the G-20: Background, Role and Objectives of Indonesia’s Membership Yulius P Hermawan G-20 Research Team Published by Friedrich Ebert Stiftung Indonesia Office in cooperation with Department of International Relations, Parahyangan University Design & Layout: Malhaf Budiharto Komunitas Pejaten First editions, May 2011 ISBN: 978-602-8866-03-3 Friedrich-Ebert-Stiftung Indonesia Office Jl. Kemang Selatan II No. 2A Jakarta Selatan 12730 DKI Jakarta - Indonesia Tel. +62 (0)21 7193 711 Fax +62 (0)21 7179 1358 E-mail:
[email protected]. Preface The G-20 has commenced its activities since the inception in 1999 in Germany. However the international community only began to recognize its importance after the United States hosted the first G-20 Summit in 2008 in Washington. This first summit signaled the change of the G-20 from ministerial to summit level. The G-20 became a high profiled forum after the group’s leaders agreed to hold G-20 Summits twice a year and argued for the need to pursue urgently an agenda for rescuing the world economy from malaise. They accepted that unless they work together in close coordination and cooperation, the world economy would continue to decline. The profile of G-20 has been rocketing highly since the G-20 leaders agreed that G-20 should become the premier forum for their economic cooperation.