Global Economic Cooperation

1. Front Matter

   Pages i-xix

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2. Introduction

   • Rajat Kathuria, Neetika Kaushal Nagpal

   Pages 1-26

3. The Global Financial Crisis—Revisiting Global Governance

   1. Front Matter

      Pages 27-27

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   2. Revisiting Global Governance

      • Soumya Kanti Ghosh, Bibekananda Panda

      Pages 29-41

   3. The G20 and the Dilemma of Asymmetric Sovereignty: Why Multilateralism Is Failing in Crisis Prevention

      • Heribert Dieter

      Pages 43-65

4. Achieving Global Food Security—How Can the G-20 Help?

   1. Front Matter

      Pages 67-67

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   2. Ensuring Food Security: Challenges and Options

      • Ashok Gulati, Shweta Saini

      Pages 69-74

   3. Implications of India’s National Food Security Act

      • Reetika Khera

      Pages 75-80

   4. Determinants of Food Security in Sub-Saharan Africa, South Asia and Latin America

      • Simrit Kaur, Harpreet Kaur

      Pages 81-102

   5. Combating Food Insecurity: Implications for Policy

      • Simrit Kaur, Harpreet Kaur

      Pages 103-118

   6. Food Security and Food Price Volatility

      • Jörg Mayer

      Pages 119-138

5. The Road to Energy Sustainability—Towards Third Industrial Revolution

   1. Front Matter

      Pages 139-139

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   2. Third Industrial Revolution and India’s Approach to Sustainable Energy Development

      • Ramprasad Sengupta

      Pages 141-163

6. Reforming the Global Financial System—Implications for Long Term Investment Finance

   1. Front Matter

      Pages 165-165

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   2. Financial Regulatory Reform: A Mid-term Assessment from an Emerging Market Perspective

      • Alok Sheel, Meeta Ganguly

      Pages 167-209

   3. Cross-Border Spillovers of Financial Stress Shocks: Evidence and Policy Implications

      • Wang Chen, Takuji Kinkyo

      Pages 211-226

7. Trade and Protectionism: The Emerging Role for G20

   1. Front Matter

      Pages 227-227

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   2. Trade and Protectionism—The Emerging Role for G20

      • Anwarul Hoda

      Pages 229-232

   3. G-20, Multilateralism and Emerging Mega-trade Blocs: Options for India and Asian Developing Countries

      • Nagesh Kumar

      Pages 233-240

   4. Global Production Sharing and Asian Trade Patterns: Implications for the Regional Comprehensive Economic Partnership (RCEP)

      • Prema-chandra Athukorala

      Pages 241-253

This book discusses issues such as global financial crisis and global governance, food security, energy sustainability, the global financial system, trade and protectionism, and growth and employment. Since the outbreak of the financial as well as national debt crises in the Euro zone, the focus of the G20 has shifted back to addressing short-term issues. These issues range from the dynamic effects of global imbalances and the appropriate degree of financial sector regulation to questions of austerity versus growth and the lack of a comprehensive framework for managing the international monetary system. A further issue is the relevance of the G20 agenda for emerging market economies. Global economic recovery still remains fragile and downside risks to global growth remain. Additionally, much of the agenda of the Seoul Development Consensus for shared growth launched in 2010 has yet to be fulfilled. A key discussion point in the book, therefore, is how to make a tangible and significant difference in peoples’ lives by implementing an agenda of inclusive growth.​

• Financial Crisis
• G20
• International Political Economy
• International Relations
• International Trade
• Macroeconomic Policy
• Monetary Policy

• Indian Council for Research on International Economic Relations, New Delhi, India

  Rajat Kathuria, Neetika Kaushal Nagpal

Rajat Kathuria is Director and Chief Executive at Indian Council for Research on International Economic Relations (ICRIER), New Delhi. He has over 20 years experience in teaching and 15 years experience in economic policy, besides research interests on a range of issues relating to regulation and competition policy. He has worked with the World Bank, Washington DC as a Consultant and carried out project assignments for a number of international organizations, including ILO, UNCTAD, LirneAsia, World Bank and ADB. He has published in international and national journals, besides in popular magazines and newspapers. He has served on the Board of Delhi Management Association and is currently an independent director on the Microfinance Institutions Network (MFIN) and on several government committees. He has an undergraduate degree in Economics from St. Stephens College, a Masters from Delhi School of Economics and a PhD degree from the University of Maryland, College Park.

Neetika Nagpal was a consultant with ICRIER and senior consultant with Ernst & Young in its tax policy and controversy practice. She holds a postgraduate in economics and finance from Warwick Business School and an undergraduate in economics from Delhi University. She has published in areas of international trade and tax policy. She is currently pursuing a Juris Doctor from University of New South Wales, Australia.

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