Many commentators suggested that Australia's chairing of the G20 would reinvigorate the G20 forum and broaden its influence and scope. But what did the Brisbane meeting achieve and what has happened in its wake? In The G20 and the Future of International Ecomic Governance, eminent contributors assess the impact of the 2014 summit in the context of the year's broader geopolitical challenges: Russia's temporary expulsion from the G8 and the failure of the US to ratify their governance reforms to the IMF. Taking stock, the authors question the efficacy of the G20 and explore whether the events of the past year are indicative of a shift in focus from ecomics to broader security and political issues, including climate change. Together they ask, what is the future of the G20 and other 'Gs'?
Mike Callaghan is head of the G20 Studies Centre at the Lowy Institute and a former senior Treasury official. Tristram Sainsbury is a research fellow at the Lowy Institute.