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A G20 watcher in Brisbane

I am from Brisbane, and somewhat ironically, my original ticket out of this city was the G20 analysis I conducted while studying and working at the University of Queensland. In a serendipitous turn of events, Australia and my hometown city were announced as 2014 G20 hosts during that research, which
By Hugh Jorgensen
15 Nov 14
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Weekend catch-up: A G20 special

With the Brisbane G20 Summit on this weekend, The Interpreter's usual weekend catch-up makes way for a 'best of' our G20 material from the past year. The Lowy Institute's G20 Studies Centre has been publishing on all aspects of the Summit, including what the presidency has meant for Australia, as
By Brendan Thomas-Noone
15 Nov 14
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Is the Global Infrastructure Hub more than a G20 legacy monument?

By Hugh Jorgensen, Research Associate and Tristram Sainsbury, Research Fellow, both at the Lowy Institute's G20 Studies Centre. Infrastructure has been a priority of the Australian G20 presidency, but we haven't seen much in terms of bricks and mortar proposals. Until now. Writing in The
12 Nov 14
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Will the G20 address inequality at the Brisbane summit?

Of the 60-plus official meetings that have taken place under Australia's 2014 G20 presidency, a grand total of one has managed to produce a final communiqué or meeting report that mentions the word 'inequality'. To be fair, it does mention it twice: the 10-11 September declaration of G20 Labour and
By Hugh Jorgensen
03 Nov 14
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G20 Monitor: The G20’s growth agenda

This issue of the G20 Monitor provides a guide to the policies that G20 members will have to tackle to achieve the G20’s 2 per cent growth target, drawing on the recommendations of the IMF, OECD and a number of international think tanks
By Mike Callaghan, Stephen Grenville, Barry Carin, Ye Yu, Maria Monica Wihardja, Fabrizio Carmignani, Paolo Magri, Andrés Rozental, Sergey Drobyshevsky, Peter Draper, Stephen Pickford, Matthew P. Goodman, Rei Tang
21 Oct 14
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The WTO is in big trouble

The Director-General of the World Trade Organisation (WTO), Roberto Azevedo, says the institution has descended into 'paralysis'.  Director-General of the World Trade Organisation, Roberto Azevedo, Bali, 2013. Following the failure to get India to remove its objection to advancing the
By Mike Callaghan
20 Oct 14
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G20 2014: Reform of the international organisations, financial regulation, trade, accountability and anti-corruption

This issue of the G20 Monitor discusses the reform of international economic institutions, financial regulation, and the trade, accountability and anti-corruption agendas at the forthcoming Brisbane G20 Summit. It also provides a summary of the key ideas from the ‘G20 Conference: Strengthening
By Mike Callaghan, Daniela Strube, Martin Joy, Ivan Oliveira, AJ Brown
02 Sep 14
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G20 must save the WTO, among other things...

As John Lennon wrote, 'life is what happens when you are busy making other plans.' How true for Australia's plans for the G20. Life is not being kind in the lead-up to the Brisbane G20 Summit. The head winds for the summit so far include: International organisations (the IMF and World Bank)
By Mike Callaghan
11 Aug 14
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G20 2014: The G20 Brisbane Summit, inequality, energy and anti-corruption

The 12th edition of the G20 monitor contains an overview from John Lipsky on the G20’s role in global governance after the global financial crisis; a paper by Geoff Weir on the G20, Thomas Piketty, and inequality; thoughts from Hugh Jorgensen and Christian Downie on multilateral energy governance
By Mike Callaghan, Christian , Hugh Jorgensen, John Lipsky, Charles Sampford, Geoff Weir
07 Aug 14
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BNP Paribas fine is G20's dollar dilemma

There are many countries which do not much like the central role of the US dollar. But while they generally (and grudgingly) agree that there is not much to be done about it for now, a punishment recently meted out by US financial regulators against BNP Paribas (BNPP) has incensed European leaders
By Hugh Jorgensen
05 Aug 14
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G20: The case for an inclusive growth target

Earlier this year Treasurer Joe Hockey negotiated a significant commitment among G20 Finance Ministers to aim for an additional 2% of global growth over the next five years. As countries develop their action plans for achieving this goal in the lead-up to the next G20 Finance Ministers' meeting in
By Amanda Robbins
01 Aug 14
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Time to put security issues on G20 agenda

Given developments in the Ukraine and tensions elsewhere in the world, the time has come to put security and geo-political issues directly on the agenda for the meeting of G20 leaders, and for those leaders to bring their foreign ministers to the Brisbane Summit. Soon after President Bush announced
By Mike Callaghan
28 Jul 14
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Will Putin go to the Brisbane G20 Summit?

One consequence of the tragedy over MH17, apparently at the hands of Russian-backed separatists, is that it raises the question of whether President Putin should attend the Brisbane G20 Summit in November. Some newspapers are reporting that Australia is threatening to ban Putin. The predominant
By Mike Callaghan
21 Jul 14
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Global financial crisis: Did the system really work?

Much of the mountain of commentary and analysis of the 2008 Great Recession has been either critical (Paul Krugman might be typical), or a self-interested defence (Tim Geithner and Larry Summers provide examples). Daniel Drezner's The System Worked is atypical in two respects: he was not a
By Stephen Grenville
17 Jun 14
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Climate change: The G20 can add value

Yesterday I gave an interview to the Sydney Morning Herald for a story published today: 'Stopping climate change talks "could hurt" G20' (p. 8 in the paper version). Here I want to offer a little more background to the three direct quotes that made it to the final story: Climate change will be
By Hugh Jorgensen
12 Jun 14
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Think20 2014: Progress report on Australia’s G20 presidency

Leading analysts from influential think tanks from 11 countries across the world provide their interim assessment of the Australian G20 presidency in this report. They all participated in last year’s Think20 meeting in Sydney, organised by the Lowy Institute, and are now discussing whether
By Mike Callaghan, Barry Carin, Sergey Drobyshevsky, Pavel Trunin, Katharina Gnath, Claudia Schmucker, John Kirton, Stephen Pickford, Andrés Rozental, Guven Sak, José Siaba Serrate, Rei Tang, Yong Wang, Maria Monica Wihardja, Ye Yu
08 Apr 14
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G20: BRICS muscle up over Russia

The good news is that the odds are clearly in favour of the Brisbane G20 Summit going ahead: Sportsbet is offering $1.05 that the Summit will be held and $8.00 that it won't. The bad news is the fact that odds are being offered at all, even if they are long. The question mark that has arisen over
By Mike Callaghan
31 Mar 14
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Global cooperation among G20 countries: responding to the crisis and restoring growth

At the outbreak of the global financial crisis, 2008, the G20 was widely acknowledged as helping prevent an even more serious decline in the global economy. It helped to calm the panic in financial markets and articulate a set of possible policy options to restore global stability and growth.
By Mike Callaghan
13 Feb 14
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Tony Abbott's G20 vision at Davos: It's a start

On 23 February Prime Minister Abbott delivered a much anticipated speech to World Economic Forum at Davos outlining Australia's vision for the G20. The immediate response on Twitter was largely negative.  Chris Giles from the Financial Times tweeted: 'sign of the times, Rouhani (President of Iran
By Mike Callaghan
24 Jan 14
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Australia takes the G20 chair: Now what?

The starter's gun has fired on Australia's G20 presidency. It was a low key start. The Prime Minister's media release was very brief. This is a positive. The G20 should always be business-like, with the focus on achieving substantive outcomes rather than on the event itself. Start to worry if we
By Mike Callaghan
02 Dec 13
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Thoughts from the 'father of the G20'

Mike Callaghan is Director of the Lowy Institute's G20 Studies Centre. Former Canadian Prime Minister Paul Martin is often referred to as 'the father of the G20’. While Canada’s finance minister, he was the driving force behind the establishment of the G20 and was selected by the G7 in 1999 to
By Guest Blogger
07 Nov 13
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The clock is ticking on G20 preparations

In this op-ed for the Australian Financial Review, Director of the G20 Studies Centre, Mike Callaghan, discusses the essential steps the government should take in chairing the G20, including authoring a concept paper and encouraging leader engagement
By Mike Callaghan
23 Oct 13
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Playbook for the Brisbane G20 summit

Australia will chair the G20 for 12 months from 1 December 2013. It will be the largest international economic meeting ever held in Australia. This paper outlines the strategy, priorities and steps required for the Brisbane G20 summit to be a success – it is a ‘playbook’ for
By Mike Callaghan
17 Oct 13
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US shutdown just the latest G20 headache

Mike Callaghan is Director of the Lowy Institute's G20 Studies Centre. When G20 finance ministers meet in Washington, DC at the IMF Annual Meetings on 10-11 October, there will much  to discuss and worry about. A glance at the headlines identifies many of the issues that should be on their minds
By Guest Blogger
01 Oct 13
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Judicious ambition: international policy priorities for the new Australian Government

In this new Lowy Institute Analysis, a number of Lowy Institute experts outline what they believe should be some key international priorities for the new Australian Government. 
By Michael Fullilove, Anthony Bubalo, Rory Medcalf, James Brown, Mike Callaghan, Linda Jakobson, Jenny Hayward-Jones, Philippa Brant, Khalid Koser
09 Sep 13
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The election's G20 factor

One of the more unanticipated explanations for the Rudd government’s delay in announcing the date of election 2013 is the need to factor in the G20 leaders’ summit on September 5-6 in St Petersburg. 
By Hugh Jorgensen
08 Aug 13
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If the G20 is so great, why isn't Rudd going?

Hugh Jorgensen is a Research Associate in the Lowy Institute's G20 Studies Centre. It took me three years of work to get us into the G20. We are hosting it next year. To have this jammed up against a federal election date is a problem and if I can overcome that problem I will. — Kevin
By Guest Blogger
07 Aug 13
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G20 needs to ask the big questions

In an opinion piece for The Australian Financial Review, Director of the G20 Studies Centre, Mike Callaghan, writes about the current state of international financial regulation, and the contribution Australia can make in this area when it chairs the G20 in 2014
By Mike Callaghan
25 Jul 13
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G20 on tax avoidance: Talk or action?

Mike Callaghan is Director of the Lowy Institute's G20 Studies Centre. There were reports prior to the G20 finance ministers' meeting in Moscow on 19-20 July that, while G20 gatherings do not always set the pulse racing, this gathering had a better chance than most of grabbing the attention of
By Guest Blogger
23 Jul 13
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