Publication

This policy brief proposes a blueprint for a Global Economic Council on a firmer constitutional foundation than the G20. It argues that the G20 is neither legitimate nor effective in regulating the world economy, and should be replaced it with a properly constituted global economic council. The brief suggests to reform the Bretton Woods organizations’ representation system so as to allow them to operate effectively as pillars in a multilateral system of global economic governance under the stewardship of a Global Economic Council.