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G20 Legitimacy and Policymaking

Sector: Residential • Location: United Kingdom

Source: EU Funding & Tenders Portal

Project
Ended

This project will examine whether the shift in global economic policymaking from the G7 to the G20 has increased its democratic legitimacy and ability to accommodate discontent with economic globalisation. More specifically, I ask how we can explain the relation between more inclusive inputs to policymaking and its outcomes in terms of global financial governance. Ten years following the shift t

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The project “G20 Legitimacy and Policymaking” is an infrastructure initiative in the Residential sector, located in United Kingdom. Taiyo aggregates data on it from EU Funding & Tenders Portal.

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This project will examine whether the shift in global economic policymaking from the G7 to the G20 has increased its democratic legitimacy and ability to accommodate discontent with economic globalisation. More specifically, I ask how we can explain the relation between more inclusive inputs to policymaking and its outcomes in terms of global financial governance. Ten years following the shift to the G20 and with a full policy cycle behind us, this question can be answered through a multi-methods approach of semi-structured elite interviews - made possible through my years as an international policymaker at the European Central Bank - and network analysis. The interviews will complement an existing set of over 150 elite interviews, paving the way for longitudinal analysis. With support from the Data Archiving and Networked Services centre, these interviews will form a uniquely comprehensive database durably accessible to researchers. My main proposition is that the dynamics of ‘club governance’ hamper substantive change as new members are socialized into conforming to patterns of groupthink. Nevertheless, policy changes can materialize if new topics enter the agenda framed within the boundaries of the existing ideational consensus. The strength of the existing consensus on any given subject should therefore predict to what extent the more democratic policymaking process is reflected in policy outputs. The Sheffield Methods Institute will provide expert training in qualitative analysis. The host, SPERI, is home to established academics working on similar topics, while supervisor Professor Andrew Baker has unique expertise on G-group policy forums. This institutional fit will ensure my further development as a scholar. This policy-relevant project will contribute to International Economics, International Relations, International Political Economy, and Political Science. The dissemination strategy will address scholars, policymakers and the general public.

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