Professional Documents
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ID: 1931471030
United Nations
G20
The G20 is a group of twenty leaders of the world’s largest economies who meet yearly to
examine global policy on trade, seek global financial stability and come up with solutions to economic
crisis. The G20 also deals with issues outside of financial and economic issues such as climate change,
women empowerment and many more. It was the G20 that responded collectively to the financial crisis in
2008.
One major challenge the G20 faces is that not all reformations passed at a meeting are completely
applied. This is because only 20 countries in the world are in the G20 and the other 180 countries are not
a part of the process which weakens the authority of the forum. The G20 and UN have rivalry regarding
economic policies which is more of challenge to the G20. Recently, the US approach toward trade (under
Trump administration) has put pressure to the G20’s belief of executing international trade with low
tariffs. This is a challenge for the forum because the US is a major part of it and the country’s attitude
directly conflicts with the forum’s beliefs and so the G20 has to respond accordingly. One more challenge
the G20 faces is the oncoming criticisms of the forum’s ability to tackle the many issues they address
outside of financial problems like climate change. The public backlash it constantly has to deal with is
also a huge challenge for the G20.
The biggest constraint the G20 has had so far is the underrepresentation of which directly puts an
effect on the passing of G20’s policies. There is nothing to do about this because the conception of the
forum started with 20 most powerful countries and the only way to overcome this problem is that more
countries need to be members of it.