The G20 Macroeconomic Agenda: India and the Emerging Economies - Hardcover

Hardcover

ISBN 10: 110705110X ISBN 13: 9781107051102

Publisher: Cambridge University Press, 2014

Synopsis

As the premier forum for global economic governance, G20 was successful in warding off the global economic crisis of 2008–09 and preventing it from becoming a full-blown depression. This book assesses the progress of the G20 with a focus on India. It discusses the role India has played in the success of the G20 process and, more importantly, delineates the possible barriers to India's enhanced involvement in the G20, and in global governance in general. As the global economy remains mired in uncertainties - stemming from the Euro crisis, lacklustre economic performance in the United States, and slowing of major emerging economies - this volume fills the need for a collection of analytical research papers from the perspective of emerging economies, and takes stock of the performance of the G20 thus far. It also points towards the unresolved issues and the future course of action in global financial and macroeconomic stance.

About this title

Review:

'... the essayists bring a great deal of depth to discussions surrounding issues such as global macroeconomic policy coordination, capital controls, the international monetary system, and the need for global structural reform. The volume is timely; it is precisely at this moment in history when the old economic order of Europe and the US is slowly and grudgingly yielding supremacy to a new order dominated by the BRIC countries ... Summing up: highly recommended. Upper-division undergraduates and above.' J. Bhattacharya, Choice

Book Description:

This book corresponds to the major themes of the G20 agenda. It explores the purpose and evolution of global governance groupings such as the G7 and G8, and also discusses the progress of G20 financial sector reform initiatives - global standards such as Basel III and macro prudential framework and tools.

About this edition

• Publisher: Cambridge University Press
• Publication date: 2014
• ISBN 10: 110705110X
• ISBN 13: 9781107051102
• Binding: Hardcover
• Number of pages: 316
• Editor: Shome Parthasarathi