Management of Global Public Goods and New Forms of Multilateralism (notice n° 698273)

détails MARC
000 -LEADER
fixed length control field 02296cam a2200181 4500500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250121212525.0
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title fre
042 ## - AUTHENTICATION CODE
Authentication code dc
100 10 - MAIN ENTRY--PERSONAL NAME
Personal name Arthur, Julien
Relator term author
245 00 - TITLE STATEMENT
Title Management of Global Public Goods and New Forms of Multilateralism
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2023.<br/>
500 ## - GENERAL NOTE
General note 12
520 ## - SUMMARY, ETC.
Summary, etc. Since the great financial crisis, the G20 has established itself as the main international forum for coordinating public policy, at least in the economic and financial spheres. Current issues, such as the Covid-19 pandemic and the urgent need to combat climate change, have prompted the G20 to extend its focus beyond financial stability to other global public goods and to address these issues within this analytical framework. At the same time, the consensus required for the G20 to take decisions appears to be increasingly difficult to attain due to geopolitical tensions, even though there has been no noticeable weakening of economic and financial interconnections and the issue of global public goods has heightened awareness of interdependence. Economic multilateralism has been built up in successive layers and currently suffers from a lack of clarity that sometimes tends towards institutional cacophony because of the large number of institutions involved and the creation of more or less flexible and sometimes competing standards, particularly for the regulation of sustainable finance. Using climate change as an example, this article calls for rethinking the role of the G20 – especially in the area of finance – in the multilateral order by increasingly relying on coordinating institutions that set standards, such as the Financial Stability Board, as well as on groups like the inclusive forums backed by the OECD that bring together voluntary participants in the quest for an operational consensus around management and financing of global public goods. The G20 should thus see itself as the driving force behind this multilateral network in order to avoid cacophony.
700 10 - ADDED ENTRY--PERSONAL NAME
Personal name Grieco, Fabio
Relator term author
700 10 - ADDED ENTRY--PERSONAL NAME
Personal name Paul, Quentin
Relator term author
786 0# - DATA SOURCE ENTRY
Note Revue d'économie financière | o 151 | 3 | 2023-11-08 | p. 99-115 | 0987-3368
856 41 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://shs.cairn.info/journal-revue-d-economie-financiere-2023-3-page-99?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-d-economie-financiere-2023-3-page-99?lang=en&redirect-ssocas=7080</a>

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