Publication

The G20 has come a long way from its inception as a group of finance ministers and central bank governors, formed in the wake of the Asian financial crisis. Its initial agenda was limited. This brief makes two central arguments. Firstly, while it is important to include development issues in the G20 agenda, this could be done with greater impact once the future existence and efficacy of the group is ensured. Secondly, the G20 should focus on a selective number of development issues related to critical constraints to achieving rapid, equitable and sustainable growth in developing economies. Otherwise, by spreading itself too thinly, it risks becoming yet another layer in the hierarchy of agencies overseeing global efforts for promoting development.