Global Cooperation and G20 : Role of Finance Track

This book focuses on one of the two G20 tracks, the finance track. It examines the evolution of the finance track in G20, the organizational structure of the finance track, and the role of international organizations in reforming the financial architecture. It discusses how the agenda is formed and driven by the political economy of the host country as well as the imperative of the time. It also documents the finance track themes taken up by different G20 presidencies over the years. Some of the common threads between the G20 emerging economies’ presidencies in terms of the finance track themes that the G20 leaders have considered include financial sector regulation and reform, reform of international financial institutions, global growth and macroeconomic policies, international taxation, and financial inclusion. The book is an excellent resource for the researchers of international economics as well as for policymakers. 

Saon Ray is an economist specializing in industry and international trade issues, and her research is at the intersection of trade and climate change. Her areas of interest include global value chains, technological upgrading of Indian industries, free trade agreements and trade creation effects, technology transfer, foreign direct investment, efficiency and productivity of firms, financial inclusion, and energy and climate change-related issues. She is a Visiting Professor at ICRIER. She has held positions at the TERI School of Advanced Studies, Research and Information Systems for Developing Countries  (RIS), and the Institute of Economic Growth (IEG). Her Ph.D. in Economics from the Jawaharlal Nehru University examined the role of intellectual property rights in transferring technology to developing countries. Her book Global Value Chains and the Missing Links: Cases from Indian Industry was published by Routledge and an editedvolume Low Carbon Pathways to Growth in India was published by Springer in 2018. 

Samridhi Jain is a Consultant at PwC India. She is currently working with Central Bank of Srilanka in developing EPF Policy and improving their systems. She holds a Bachelor’s degree in Economics from Ambedkar University Delhi and a Postgraduate Degree in Economics from the University of Mumbai. Her research interests lie in understanding the state’s role in governing different policies at the state and central level and in the development of implementation plans. During her stint in ICRIER, her research work was focused on international finance, DRR and international relations etc. 

Vasundhara Thakur is a doctoral candidate at the Kiel Institute for the World Economy and Bielefeld University. Prior to this, she worked as a Research Associate at the Indian Council of Research on International Economic Relations (ICRIER). Her work spans the areas ofinternational trade, investment, and finance. She holds a Master’s and Bachelor’s degree in Economics.

Ms. Smita Miglani has over twelve years of experience in policy-oriented research, working with key ministries of the Government in India. In the past, she has handled research positions at ICRIER, Delhi and at the Alliantgroup, Hyderabad. She has been involved in important studies undertaken for international organisations such as the British High Commission, European Commission, the American Chamber of Commerce and Indian industry associations. Smita Miglani has completed M.Phil. (Economics) from Jawaharlal Nehru University, Delhi and is experienced in the use of econometrics and advanced economic analysis. Her broad areas of research interest are international trade and investment, trade finance and climate change issues. She has published work in reports, working papers, books and refereed journals. Her research work has contributed to India’s negotiating strategies for bilateral trade and investment agreements and policy reforms decisions at the domestic level.