Hide
Раскрыть
 
INTERNATIONAL
ORGANISATIONS
RESEARCH
JOURNAL



ISSN (Print) 1996-7845

ISSN (Online) 2542-2081


Contacts:

Postal address:  20, Myasnitskaya str., Moscow, Russia 101000
National Research University Higher School of Economics
International Organisations Research Journal (IORJ) editors office

Actual address: office 417, bld. 17, Malaya Ordynka,  Moscow
Tel.+7 495 772-95-90 ext. 23147 

E-mail: iorj@hse.ru

Indexed in 

    


   

 
 

Andrei Shelepov

Results of 2012 G20 Mexican Presidency: Analysis on the Basis of Supply-Demand Model

2013. Vol. 8. No. 4. P. 100–121 [issue contents]

Andrey Shelepov -Junior Researcher of the Global Governance Research Centreof the International Organisations Research Institute, National Research University “Higher School of Economics”, PhD student of the Department for International Monetary and Financial Relationships, National Research University “Higher School of Economics”, 20, Mysnitskaya, Moscow, Russia; E-mail:ashelepov@hse.ru

Abstract

The paper presents an analysis of 2012 G20 Mexican Presidency results. It is based on a model of balancing external conditions and national priorities for developing a Presidency’s proposals on its agenda in informal institutions (supply-demand model). The paper reveals to what extent the Mexican Presidency has managed to ensure: 1) a high level of response to the key global governance challenges in the agenda and summit decisions; 2) a balance between national and other members’ interests in the Presidency priorities; 3) utilizing the institution’s capabilities; 4) conformity of the role chosen by the Presidency (organizer, mediator, political leader, national representative) to the combination of external and internal conditions.

To identify the key global governance challenges, an analysis of global risks of the coming decade has been carried out, based on the annual reports of the World Economic Forum and other international institutions. An analysis of these risks relevance to ten of the G20 members, including Mexico, has also been implemented. The level of the key challenges reflection in the G20 documents and decisions in 2008-2011, and the level of reflection in the Presidency documents have been traced. The assessment was based on the correlation of the results for the significance of the key global governance challenges for the G20 members; the significance of the global governance challenges for Mexico; the level of the challenges reflection in the G20 documents and decisions in 2008-2011; and the level of the challenges reflection in the 2012 G20 summit documents and decisions. The correlation between the first three factors allows identify the Presidency role which is most suitable to address each of the challenges considered, while the level of the challenges reflection in the 2012 G20 summit documents and decisions demonstrates which role has been actually chosen.

The results of the analysis show that the roles of organizer and mediator assumed by the Mexican Presidency to develop the agenda and elaborate the G20 decisions have helped to ensure continuity of the G20 agenda and fast balance of internal demand and partner countries’ priorities on the key global governance challenges. However, on a number of issues the Presidency failed to perform the role of the leader and utilize the institution’s capabilities which could provide an opportunity for forging breakthrough decisions, and upgrading the quality of cooperation to address some of the challenges, for instance, in the economic area. This relates to the issues of growing volatility in energy and agricultural prices, income disparity and unintended negative consequences of regulation, where the need to find solutions with the highest common denominator remains.

The results of testing the model lead to the conclusion that anticipatory analysis of external and internal demand factors along with the institution’s capabilities using the supply-demand model can contribute to enhancing the effectiveness of presidencies in informal institutions.

The research was carried out with financial support of Russian Humanities Research Foundation within the framework of a research project “Elaborating a Supply – Demand Model to Balance External Demand and National Priorities in the Presidency Proposals for Agenda in G20, G8 and BRICS”, project  №12-03-00563.

Reference

Energy and Growth Subgroup - C3E Experts Group (2012)Clean Energy and Energy Efficiency Technologies. G20 Countries Report. Available at:http://en.g20russia.ru/load/780983147 (accessed 1 October 2013).

FSB (2012) Identifying the Effects of Regulatory Reforms on Emerging Market and Developing Economies: A Review of Potential Unintended Consequences. Available at:http://www.financialstabilityboard.org/publications/r_120619e.pdf (accessed 1 October 2013).

G20, OECD (2012a) Methodological Framework on Disaster Risk Assessment and Risk Financing. Available at:http://www.oecd.org/gov/riskmanagement/G20disasterriskmanagement.pdf (accessed 1 October 2013).

G20, OECD (2012b) Policy Note on Pension Fund Financing for Green Infrastructure and Initiatives. Available at:http://en.g20russia.ru/load/780984205 (accessed 1 October 2013).

G20 Study Group on Climate Finance (2012) Progress Report. Available at:http://en.g20russia.ru/load/780983065 (accessed 1 October 2013).

The Government of Mexico, World Bank (2012) Improving the Assessment of Disaster Risks to Strengthen Financial Resilience. Available at:http://www.gfdrr.org/sites/gfdrr.org/files/GFDRR_G20_Low_June13.pdf (accessed 1 October 2013).

IFC (2012) Private Investment in Inclusive Green Growth and Climate-related Activities: Key Messages from the Literature and Bibliography. Available at:http://en.g20russia.ru/load/780983334 (accessed 1 October 2013).

ILO, OECD, IMF, World Bank (2012) Boosting jobs and living standards in G20 countries. Available at:http://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/documents/publication/wcms_183705.pdf (accessed 1 October 2013).

IMF (2012) Macroeconomic Policy Challenges from Commodity Price Volatility. Available at:http://www.g20.org/load/780978425 (accessed 1 October 2013).

IWGA (2012)Promoting Responsible Investment for Sustainable Development and Job Creation. Available at:http://g20mexico.org/images/stories/docs/canalsherpas/summarep.pdf (accessed 1 October 2013).

MDB Working Group (2012) Infrastructure Action Plan 2012 Follow-up Report. Available at:http://g20.org/load/780987101 (accessed 1 October 2013).

Roland Berger Strategy Consultants (2012) Misperception of Risk and Return in Low Income Countries report (MDBs). Available at:http://www.rolandberger.com/GlobalTopics/media/pdf/130612_G20reportfinal.pdf (accessed 1 October 2013).

UNCTAD (2012)Excessive commodity price volatility: Macroeconomic effects on growth and policy options. Contribution from the UNCTAD secretariat to the G20 Commodity Markets Working Group. Available at:http://www.g20.org/load/780978827 (accessed 1 October 2013).

World Bank, ADB (2012) Urban Mass Transport Infrastructure in Medium and Large Cities in Developing Countries. Available at:http://en.g20russia.ru/load/780983684 (accessed 1 October 2013).

World Bank (2012a)Facilitating Short and Longer-term Supply Response to Higher and More Volatile Food Prices. Contribution from the World Bank to the G20 Commodity Markets Sub Working Group. Available at:http://www.g20.org/load/780978677 (accessed 1 October 2013).

World Bank (2012b) Market-Based Approaches to Managing Commodity Price Risk. Available at:http://www.g20.org/load/780978573 (accessed 1 October 2013).

World Bank (2012c) Reducing Distortions in International Commodity Markets: An Agenda for Multilateral Cooperation. Available at:http://www.g20.org/load/780978614 (accessed 1 October 2013).

Citation: (2013) Rezul'taty predsedatel'stva Meksiki v «Gruppe dvadtcati» v 2012 g.: analiz na osnove modeli obespecheniia balansa vneshnikh uslovii i natcional'nykh prioritetov [Results of 2012 G20 Mexican Presidency: Analysis on the Basis of Supply-Demand Model] INTERNATIONAL ORGANISATIONS RESEARCH JOURNAL, 4, pp. 100-121 (in Russian)
BiBTeX
RIS
 
Rambler's Top100 rss