| 来源类型 | Commentary |
| 规范类型 | 评论 |
| Australia’s Chairing of G20 Provides Opportunity to Reenergize Economic Reform | |
| Murray Hiebert; Matthew P. Goodman | |
| 发表日期 | 2014-01-30 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 概述 | The Brisbane Group of 20 (G20) Leaders Summit in November will provide Australia an opportunity to inject new life into a grouping founded to broaden dialogue on international economic issues. Prime Minister Tony Abbott told the World Economic Forum in Davos on January 23... |
| 摘要 | The Brisbane Group of 20 (G20) Leaders Summit in November will provide Australia an opportunity to inject new life into a grouping founded to broaden dialogue on international economic issues. Prime Minister Tony Abbott told the World Economic Forum in Davos on January 23 that Australia would press the organization in 2014 to focus on increasing world trade and taking steps to eliminate protectionism. Some critics say the G20’s best days are behind it and that it has become little more than a talk shop, but continuing global economic challenges suggest that important tasks remain for the organization that played a critical role in tackling the 2008–2009 global financial crisis. Today the U.S. economy has strengthened, Japan looks like it may be on the mend, and the risks in Europe have eased. But a number of emerging economies, including China, India, and Indonesia, may be facing slowing growth and uncertainty. Global economic growth remains weak and uneven. Job growth is less stellar than many leaders of developed countries had hoped. The global trade agenda is moving forward only slowly and protectionism is alive and well in many parts of the planet. Emerging economies such as Turkey and Brazil that rely heavily on short-term investment from foreigners to finance their current account deficits have faced considerable headwinds in recent weeks. The G20 summit in Australia later this year could play a critical role in tackling these challenges. Mike Callaghan, who heads up the G20 Studies Centre at Australia’s Lowy Institute and earlier served as a senior official in the Australian Treasury, has called on his government to “define a focused agenda” to address ongoing critical international economic issues. Callaghan argues that the priorities should include the following: Developing a strategy to restore stronger, sustainable, and more equitable global growth, including the creation of jobs. Injecting new life into the multilateral trading system. The Doha talks in the World Trade Organization are stuck and progress on the 12-nation Trans-Pacific Partnership (TPP) trade talks, which include Australia, Japan, and the United States, are struggling to get across the finish line by a date that keeps getting pushed back. President Barack Obama did little to give the negotiators fresh impetus when he urged Congress only to “work” on trade promotion authority in his January 28 State of the Union address. Partner countries would have been more assured if he had called on Congress to ratify the legislation. Tackling financing for climate change to create momentum for negotiations under the United Nations Framework Convention on Climate Change. Injecting a development agenda into the G20 by enhancing food security and increasing funding for the multilateral development banks. |
| URL | https://www.csis.org/analysis/australia%E2%80%99s-chairing-g20-provides-opportunity-reenergize-economic-reform-0 |
| 来源智库 | Center for Strategic and International Studies (United States) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/328817 |
| 推荐引用方式 GB/T 7714 | Murray Hiebert,Matthew P. Goodman. Australia’s Chairing of G20 Provides Opportunity to Reenergize Economic Reform. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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