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The Russians had in mind a low-profile sort of G20 summit in St Petersburg this week – stressing continuity within a narrative of supporting sustainable and balanced global growth and culminating in an action plan building on the ‘3 over-arching priorities’ of the Russian Presidency – jobs and investment; regulation; and ‘trust and transparency’. It is not going to be quite like that. -

Can the G20 keep the focus on accountability?
The Saint Petersburg Accountability Report on G20 Development Commitments was published last week, on the 28th August. It is one element of an ‘adequate accountability framework’ for the G20 that was decided upon by G20 leaders at the Seoul Summit in 2010. -

Coordinated monetary policy is a global public good, but will the G20 provide it?
Monetary policy is one of a range of policies that require global coordination and, as September’s G20 summit in Petersburg is approaching fast, a new set of challenges is confronting the global economy. There are few alternatives to the G20 in providing such governance global public goods and even the G20 faces immense difficulties in doing this effectively. -

Telling countries they're the worst in the world doesn't really help them
'Ranking fragile states is pointless: citizens in countries like South Sudan are better placed to address weakness than outsiders.' -
Shining a light on land deals: sharing lessons for transparency
The ‘3Ts’ of the G8 summit – tax, trade and transparency – are interlinked, especially through the axis between transparency and tax, as Kevin Watkins outlines. Discussions on tax are bringing to light the hidden worlds of corporate tax avoidance and tax evasion by individuals, whereas – led by the UK – the transparency agenda is focusing on land, open data and extractives.
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Women traders buy fish from fishermen to trade at Ngwenye market in Mpulungu, Zambia
License: ODI given rights
Credit: Guy Oliver
Source: IRINLow income countries in the global economic recovery: strengths, vulnerabilities, role of the IMF
This roundtable explored the economic situation in low income countries (LICs) and the role of the International Monetary Fund.
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The accountability of the G20’s development agenda: perspectives and suggestions from developing countries of the Commonwealth and Francophonie
In a paper prepared for the Commonwealth - Francophonie - G20 Development Working Group Meeting, this paper presents perspectives and suggestions from developing countries of the Commonwealth and Francophonie. -
Rethinking Rio +20: why economists should take the Earth Summit seriously
Back at the first RioEarth Summitin 1992, the civil society organisations in attendance counted an unusual group among their number. Amid the assorted staffers and activists from environmental and development NGOs, there was a handful of campaigners who had a very different relationship with the Earth: representatives of an astronauts' organisation. Their reason for being there? Having seen the planet from space, they'd learned to view it from a different angle.
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Launch of the agenda for change on development policy by the European Commission
On 19 October 2011, European Commissioner Andris Piebalgs hosted a conference to discuss the newly launched European Commission’s ‘Agenda for Change on Development policy’. Speaking on the panel, Simon Maxwell provides his perspective.







