The European Union's Role in the G20

89 Pages Posted: 27 Aug 2015 Last revised: 22 Sep 2015

Fabian Amtenbrink

Erasmus University Rotterdam - Erasmus School of Law

Niels Blokker

Leiden University - Leiden Law School

Stefaan Bogaert

Leiden University

Armin Cuyvers

Klaus Heine

Erasmus University Rotterdam (EUR), Erasmus School of Law

Christophe Hillion

Leiden University - Leiden Law School

Jaroslaw Kantorowicz

Leiden University

Hannes Lenk

Göteborg University, Department of Law, Students

René Repasi

University of Heidelberg

Date Written: August 27, 2015

Abstract

This paper forms part of a series of nine studies on the role of the European Union in international economic fora, prepared by Policy Department A at the request of the Committee on Economic and Monetary Affairs of the European Parliament. It provides factual background information about the G20, the EU’s role and representation therein, its accountability as well as the coordination and impact thereof. The G20 has played a key role in measure taken to overcome the economic and financial crisis and promoted rules to prevent a repetition of such a crisis. The high compliance rate of the EU in implementing these commitments highlights the importance of the legally non-binding G20 commitments. Yet, the G20 is an informal international body where executives from officials’ up to leaders’ level meet. As a body G20 lacks meaningful accountability mechanisms. Moreover also the EU can hardly be held to account for its action at the G20 level. This study provides an in-depth analysis of the G20 and EU’s action at the G20 level. It sets out the EU legal framework for the participation of the EU and its Member States in the G20. In applying a two-tier accountability framework it identifies accountability gaps and concludes with policy recommendations.

Keywords: EU, G20, European PArliament, democratic accountability, EU Council, European Commission, IMF, Financial Stability Board, external representation, economic governance, financial crisis, international standards, informal international fora, international organisations, High Representative

JEL Classification: F33, F42, G28, N20, K33

Suggested Citation

Amtenbrink, Fabian and Blokker, Niels and Bogaert, Stefaan and Cuyvers, Armin and Heine, Klaus and Hillion, Christophe and Kantorowicz, Jaroslaw and Lenk, Hannes and Repasi, René, The European Union's Role in the G20 (August 27, 2015). Available at SSRN: https://ssrn.com/abstract=2652133 or http://dx.doi.org/10.2139/ssrn.2652133

Fabian Amtenbrink (Contact Author)

Erasmus University Rotterdam - Erasmus School of Law ( email )

3000 DR Rotterdam
Netherlands
+31104081573 (Phone)

Niels Blokker

Leiden University - Leiden Law School ( email )

P.O. Box 9520
2300 RA Leiden, NL-2300RA
Netherlands

Stefaan Bogaert

Leiden University ( email )

Postbus 9500
Leiden, 2300 RA
Netherlands

Klaus Heine

Erasmus University Rotterdam (EUR), Erasmus School of Law ( email )

3000 DR Rotterdam
Netherlands

Christophe Hillion

Leiden University - Leiden Law School ( email )

P.O. Box 9520
2300 RA Leiden, NL-2300RA
Netherlands

Jaroslaw Kantorowicz

Leiden University ( email )

Postbus 9500
Leiden, 2300 RA
Netherlands

Hannes Lenk

Göteborg University, Department of Law, Students ( email )

Viktoriagatan 30
Göteborg
Sweden

René Repasi

University of Heidelberg ( email )

Friedrich-Ebert-Platz 2
Heidelberg, 69117
Germany
+496221547691 (Phone)

HOME PAGE: http://www.igw.uni-heidelberg.de

No contact information is available for Armin Cuyvers

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