The G20 and International Relations Theory
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The G20 and International Relations Theory

Perspectives on Global Summitry

Edited by Steven Slaughter

The future of the G20 is uncertain despite being developed to address the 2008 global financial crisis. This book considers the significance of the G20 by engaging various accounts of International Relations theory to examine the political drivers of this form of global governance. International Relations theory represents an array of perspectives that analyse the factors that drive the G20, how the G20 influences world politics and in what ways the G20 could or should be reformed in the future.
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Chapter 6: The G20 through the lens of historical institutionalism

Lora Anne Viola

Abstract

The G20 is not readily explained by conventional theories of international organizations. I suggest that the approach of historical institutionalism provides a set of insights that help to better understand the G20. This chapter first introduces five innovative analytical insights that historical institutionalism (HI) brings to the study of institutions, and then it applies HI to explain three core puzzles: (1) the emergence and design choice of the G20, (2) its particular technique of exercising governance authority, and (3) the institutional and regulatory trajectory taken by the G20. An HI analysis cautions skepticism towards the claim that the G20 is transformative, emphasizing instead its historical legacy, institutional embeddedness, and self-reinforcing dynamics that do not favor a radical shift away from the status quo. Instead, the institutional dynamics of the G20 inhibit a move to deeper and more radical policy reform.

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