The G20 Wins the Group Battle
The joint declaration that emerged from last week’s summit in New Delhi offered further confirmation that the G20 is the only body with the scope and legitimacy to offer truly global solutions to global problems. Alternative groupings such as the G7 and the new expanded BRICS look like sideshows in comparison.
LONDON – Following the recent summit of the BRICS (Brazil, Russia, India, China, and South Africa), where the group agreed to add six new members, I argued that neither it nor the G7 (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States – plus the European Union) has the credibility or the capacity to tackle global challenges. That leaves the G20 (comprising 19 of the world’s largest economies, plus the EU) as the only grouping with the legitimacy to offer truly global solutions to global problems.
The joint declaration that emerged from last week’s G20 summit in New Delhi provides further confirmation of this. Member states reached a consensus to address a wide range of issues. Despite obvious challenges – such as the considerable differences in how member states operate – they managed to reassert the G20’s relevance after a lengthy period in which its role had been called into question.
We should applaud those who played the biggest roles – presumably India and the US – in pushing through the final communiqué. The New Delhi declaration could be the first step in a stronger concerted effort to address global issues like climate change, the need for a revamped World Bank, infectious disease control, economic stability, the war in Ukraine, and other matters. Though this agenda was agreed in the absence of Russian President Vladimir Putin and Chinese President Xi Jinping, the Russian and Chinese representatives who did attend would not have signed on to anything without having cleared it with their respective governments.
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