The first G20 leaders’ summit was held in
Washington DC in November 2008. This Policy Contribution assesses the
performance of this informal but influential institution since then to
understand what could lie ahead. We focus on the coordination of
national economic policies as this has been at the core of the G20
leaders’ agenda throughout the decade.
The G20 leaders created a supportive
political environment for strong national and global actions soon after
they first met. This prevented a global depression but was followed by
an uneven recovery. The leaders early on called for enhanced
coordination of macroeconomic policies. This was clearly an ambitious
undertaking given the limited success of earlier coordination efforts
within the more homogeneous G7. Even after ten..''read more,,
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