When the leaders meet in Pittsburgh on 24 September 2009, they will have an opportunity to review their commitment and decide how best to strengthen it.
In a new Lowy Institute Policy Brief, Bill Carmichael, Saul Eslake and Mark Thirlwell argue that the advice that G20 leaders have received to date fails to deal with the underlying causes of protectionism. Protectionism results from decisions taken by governments at home, for domestic reasons. As a consequence, any effective response to protectionism needs to begin at home. The authors therefore propose that G20 leaders should sponsor domestic transparency arrangements in individual countries, in order to provide public advice about the economy-wide costs of domestic protection.
Download the Policy brief here.