Flashpoints for the Pittsburgh Summit

Waterloo - CIGI Special G20 Report: Flashpoints for the Pittsburgh Summit is a compendium of brief policy papers by respected academics and practitioners who have studied the G20. The special report highlights the breadth of CIGI's research on economic governance, financial regulation and reform, international trade, and the capacity of the expanded G20 leadership to prevent or resolve future crises. With a foreword by CIGI’s Chair Jim Balsillie, the report contains thoughtful commentary and comprehensive policy recommendations on how the G20 can strengthen economic governance and on the core issues that must be addressed at Pittsburgh on September 24-25, 2009.

SEPTEMBER 2009

Download PDF

Edited by Andrew F. Cooper and Daniel Schwanen

Table of Contents

Foreword | Jim Balsillie

Introduction and Summary of Recommendations | Andrew F. Cooper and Daniel Schwanen

PART I: GENERATING ORDER FROM CRISIS

The Role of the G20 in Shaping Responses to Global Crises | Barry Carin and Gordon Smith

Shrinking from Duty? Tasking the International Financial Institutions | Ngaire Woods

Crisis as Catalyst to Redesign the International Economic Architecture | Debra P. Steger

PART II: ADDRESSING CORE CONCERNS

Make or Break Time for International Financial Regulatory Reform | Eric Helleiner

Contrasting Visions of Fiscal Stimulus | Colin I. Bradford, Jr.

Facilitating Global Lending and Vital Reforms | Bessma Momani

The Challenge to Global Trade in the Financial Crisis | Alan S. Alexandroff

Finding a Way Out: Central Banking in Challenging Times | Pierre L. Siklos

Debating Macro-Imbalances and Global Currency | Gregory T. Chin

PART III: ADAPTING TO NEW REALITIES

Long-Term Lessons from the Crisis | John F. Helliwell

Technology, Systemic Risk and Global Financial Regulation | Jennifer A. Jeffs and Pierre L. Siklos

Complex Systems and Global Problems | Thomas Homer-Dixon

ANNEX I: Overview of Substantial Commitments from Washington, London and L’Aquila

ANNEX II: CIGI Projects Spotlight

Contributors | Acknowledgements