Implications of China's G20 Presidency for the Asia-Pacific Region

Implications of China's G20 Presidency for the Asia-Pacific Region

ÜPINIÓN INVITADA Implications of China's G20 Presidency for the Asia-Pacific Region DOI: 10.32870/mycp.v6i16.518 Jonathan Luckhurst1 Toe Group of Twenty's (G20) Hangzhou summit of September 4-5, 2016 maintained the international focuson the forum,despite its modest results. China 's G20 presidencyprovided furtherevidence of a crucial shift in twenty­ firstcentury international poli tics, the growing influenceof developing states and Asia-Pacific nations weakening the former transatlantic dominance of global governance. Toe Chinese presidency of the forumin 2016, following South Korea in 2010 andAustralia in 2014, gave more credence to those who argue this could be the 'Pacific Century'. Until the late-1990s, western-led institutions were predominant in global economic governance. However, afterthey failed to manage theAsian financia! crisis effectively, severa! politicians and experts became vocal advocates for reformof the international financia!architecture (see Brown, 2010; Cooper, 2008; Grügel et al., 2008; Rodrik, 2006; Stiglitz, 2003). One key theme was the need forgreater inclusion of developing states in global economic gover ­ nance, which had been supervised largelyby the Group of Seven/Eight (G 7 /8) in recent decades. Toelatter experimented with a limited process of outreach engagement in the early 2000s, by inviting leaders of Brazil, China, India, Mexico, and South Africato attend G8 summits as guests, rather than equal partners. This was deemed by critics to have been insufficientlyinclusive, l. Universidad de Guadalajara, CUCSH, Departamento de Estudios de Pacífico. Parres Arias núm. 150, Los Belenes, Zapopan, Jalisco, México. Correo electrónico: [email protected] Año 6, núm. 16 I enero-abril de 2017. Opinión invitada 9 Implications of China’s G20 Presidency for the Asia-Paci c Region Implications of China’s G20 Presidency for the Asia-Paci c Region Implications of China’s G20 Presidency for the Asia-Paci c Region R f r Implications of China’s G20 Presidency for the Asia-Paci c Region .

View Full Text

Details

  • File Type
    pdf
  • Upload Time
    -
  • Content Languages
    English
  • Upload User
    Anonymous/Not logged-in
  • File Pages
    10 Page
  • File Size
    -

Download

Channel Download Status
Express Download Enable

Copyright

We respect the copyrights and intellectual property rights of all users. All uploaded documents are either original works of the uploader or authorized works of the rightful owners.

  • Not to be reproduced or distributed without explicit permission.
  • Not used for commercial purposes outside of approved use cases.
  • Not used to infringe on the rights of the original creators.
  • If you believe any content infringes your copyright, please contact us immediately.

Support

For help with questions, suggestions, or problems, please contact us