G20 Flashcards
1
Q
Established
A
1999 after GFC (heads of state not financial ministers after 2008)
2
Q
Members
A
20 countries with 85% GDP
3
Q
Aim
A
Discuss global finances
4
Q
Pros
A
Work with UN sustainable development goals, relevant (Ukraine peace, African Union will join), guests, rotate presidency (2023 New Delhi, India)
5
Q
Cons
A
Not legally binding, different LIC and HIC priorities, no clear post-covid plan, lack of cooperation (China missed 2023, DT)
