B20-G20 Engagement: Achievements and Challenges

The G8-G20 Relationship in Global Governance, Forthcoming

Posted: 22 Jul 2015

See all articles by Marina Larionova

Marina Larionova

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Center for Studies of International Institutions

Mark Rakhmangulov

Center for International Institutions Research (CIIR)

Andrei Sakharov

National Research University Higher School of Economics (Moscow)

Andrey Shelepov

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Center for Studies of International Institutions

Date Written: September 2015

Abstract

Dialogue between the Group of 20 (G20) and the Business 20 (B20) should be instrumental in enhancing G20 efficiency both by responding to business interests and concerns and by engaging the private sector in generating growth and jobs. The B20 was first initiated by the Canadian Council of Chief Executives on the eve of the Toronto Summit in June 2010. By the beginning of 2014, five B20 meetings, including the one in Toronto, had been organized, each putting forward recommendations for G20 leaders: in Seoul in November 2010, in Cannes in November 2011, in Los Cabos in June 2012, and in St Petersburg in 2013.

The investment made into the dialogue by both business and governments warrants an independent unbiased and rigorous analysis of what has been achieved and what lessons should be learned. This chapter reviews the progress in G20–B20 engagement in order to identify achievement and challenges.

Keywords: economic growth

JEL Classification: F5, B20, G20

Suggested Citation

Larionova, Marina and Rakhmangulov, Mark and Sakharov, Andrei and Shelepov, Andrey, B20-G20 Engagement: Achievements and Challenges (September 2015). The G8-G20 Relationship in Global Governance, Forthcoming, Available at SSRN: https://ssrn.com/abstract=2633876

Marina Larionova (Contact Author)

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Center for Studies of International Institutions ( email )

Mark Rakhmangulov

Center for International Institutions Research (CIIR) ( email )

Vernadskogo Prospect 82
Sredny av. V.O., 57/43
Moscow, St. Petersburg 119571
Russia

Andrei Sakharov

National Research University Higher School of Economics (Moscow) ( email )

Myasnitskaya street, 20
Moscow, Moscow 119017
Russia

Andrey Shelepov

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Center for Studies of International Institutions ( email )

Moscow
Russia

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