2011 G20 Cannes summit: Difference between revisions
←Replaced content with 'The G20 is the stupidest thing ever' Tag: blanking |
ClueBot NG (talk | contribs) m Reverting possible vandalism by 99.250.209.218 to version by Keith D. False positive? Report it. Thanks, ClueBot NG. (703206) (Bot) |
||
Line 1: | Line 1: | ||
{{Infobox summit |
|||
The G20 is the stupidest thing ever |
|||
| summit_name = G-20 Summit on Financial Markets and the World Economy |
|||
| other_titles = |
|||
| image = G20 FRANCE 2011 EN logo.jpg |
|||
| caption = |
|||
| country = France |
|||
| venues = [[Palais des Festivals et des Congrès|Palais des Festivals]]<br> [[Cannes]], [[France]] |
|||
| participants = [[G-20 major economies|G-20]] (+ [[Ethiopia]], [[Singapore]], [[Spain]], [[United Arab Emirates]], [[Equatorial Guinea]]), [[African Union|AU]], [[New Partnership for Africa's Development|NEPAD]], [[Cooperation Council for the Arab States of the Gulf|CCASG]] <!-- the following were at Seoul summit, not explicitly confirmed for Cannes summit ........ [[ASEAN]], [[Financial Stability Board|FSB]], [[International Labour Organization|ILO]], [[International Monetary Fund|IMF]], [[Organisation for Economic Co-operation and Development|OECD]], UN, [[World Bank Group|WBG]], [[World Trade Organization|WTO]] --> |
|||
| follows = [[2010 G-20 Seoul summit|Seoul summit, 2010]] |
|||
| precedes = [[2012 G-20 Mexico summit|Mexico summit, 2012]] |
|||
| date = 3-4 November 2011 |
|||
| website = [http://www.g20-g8.com/g8-g20/g20/english/home.9.html g20-g8.com] |
|||
}} |
|||
The '''2011 G-20 Cannes Summit''' is the [[List of G-20 summits|sixth meeting]] of the [[G-20 major economies|G-20]] [[Head of government|heads of government]] in a series of on-going discussions about [[financial market]]s and the [[world economy]].<ref>[http://english.chosun.com/site/data/html_dir/2010/11/13/2010111300390.html "Legacies of the G20 Seoul Summit,"] ''Choson Ilbo'' (ROK). 13 November 2010; retrieved 13 February 2011</ref> |
|||
The G-20 forum is the avenue for the G20 economies to discuss, plan and monitor international economic |
|||
cooperation.<ref>Parliament (UK): Townsend, Ian. [http://www.parliament.uk/briefingpapers/commons/lib/research/briefings/snep-05028.pdf "G20 & the November 2010 Seoul summit" (SN/EP/5028)], 19 October 2010, retrieved 2011-04-07; excerpt, "Today, we designated the G-20 as the premier forum for our international economic cooperation" citing [http://docs.google.com/viewer?a=v&q=cache:gTcw3OEbzSkJ:www.g20.org/Documents/pittsburgh_summit_leaders_statement_250909.pdf+Pittsburgh+G20+Leaders%E2%80%99+summit+communiqu%C3%A9&hl=en&gl=us&pid=bl&srcid=ADGEESgX9FHigBaPzkGW9Wb3upzotx0Y_mQM_6OLscOkat_e3zksfLRbPZXdpSlHE2V5iTLvwCJf0EX7atRAqNaVYDCO9qiuAPcb6PkcxRuBikMzd6b8nKERQAwdr6vczsRKdau6FEMa&sig=AHIEtbTqzVyf8ZM5uYXbe-EdOm2B6-OuDg "Pittsburgh G20 Leaders’ summit communiqué," ¶50] September 29 2009, retrieved 2011-04-07; excerpt, "Today, we designated the G-20 as the premier forum for our international economic cooperation. We have asked our representatives to report back at the next meeting with recommendations on how to maximize the effectiveness of our cooperation. We |
|||
agreed to have a G-20 Summit in Canada in June 2010, and in Korea in November 2010. We expect to meet annually thereafter, and will meet in France in 2011.</ref> |
|||
== Agenda == |
|||
Host [[Nicolas Sarkozy]] considers his plans and expectations for the upcoming summit to be ambitious, but realistic. He expects that international monetary system reform will involve working closely with the IMF Managing Director.<ref>[http://translate.google.com/translate?hl=en&sl=fr&u=http://www.lesoir.be/actualite/france/2010-11-12/sarkozy-un-nouveau-president-du-g20-ambitieux-mais-realiste-803155.php&ei=sWDgTM6nOoL-8Ab42YnjDw&sa=X&oi=translate&ct=result&resnum=5&ved=0CDkQ7gEwBDgU&prev=/search%3Fq%3DSommet%2Bdu%2BG20%2Bde%2BCannes%26start%3D20%26hl%3Den%26sa%3DN%26prmd%3Div "''Sarkozy, un nouveau président du G20 «ambitieux mais réaliste»'',"] ''Le Soir'' (Belgium). 12 November 2010; retrieved 13 February 2011</ref> |
|||
The summit leaders are expected to tackle several mid- and long-term policy issues, many of which remained unresolved at the end of the previous summits in Toronto and Seoul. The agenda has evolved over time: |
|||
<!-- In May, the agenda is likely to be different. These tentative lists are likely to be replaced? --> |
|||
{{col-begin}} |
|||
{{col-2}} |
|||
* 2010 Projected summit goals:<ref name="agenda">G20 Seoul, [http://seoulsummit.kr/eng/goPage.g20?return_url=TOP01_SUB03_02 G20/2010 projected agenda]; retrieved Dec 2010</ref> |
|||
:Ensuring global economic recovery |
|||
:Framework for strong, sustainable, and balanced global growth |
|||
:Strengthening the international financial regulatory system |
|||
:Modernising the international financial institutions |
|||
:Global financial safety nets |
|||
:Development issues |
|||
{{col-2}} |
|||
*2011: Priorities of the French presidency:<ref name="priorities">[http://www.g20-g8.com/g8-g20/g20/english/priorities-for-france/the-priorities-of-the-french-presidency/the-priorities-of-the-french-presidency.75.html G20/2011 priorities]; retrieved 12 February 2011</ref> |
|||
:Coordinating economic policies and reducing global macroeconomic imbalances |
|||
:Strengthening financial regulation |
|||
:Reforming the International Monetary System |
|||
:Combating commodity price volatility |
|||
:Improving global governance |
|||
:Working on behalf of development |
|||
{{col-end}} |
|||
Though the summit has intended to discuss reforms to the global monetary system and to rein in [[financial speculation]] and capital flows, a surprising decision by Greece to hold a [[Greek economy referendum|referendum]] caused a new change to the discussions<ref>{{cite web|last=Kyriakidou |first=Dina |url=http://www.reuters.com/article/2011/11/03/us-g-idUSTRE7A20E920111103 |title=Greek PM on brink as world tells Europe to fix crisis |publisher=Reuters |date=2011-10-31 |accessdate=2011-11-04}}</ref><ref>[http://news.xinhuanet.com/english2010/world/2011-11/03/c_131226703.htm G20 Cannes Summit heats up early on Greek debt issue<!-- Bot generated title -->]</ref> as the [[Eurozone Financial Stability Facility]] took precedence over other issues.<ref>{{cite web|author=Larry Elliott, economics editor |url=http://www.guardian.co.uk/business/2011/nov/01/g20-eurozone-debt-crisis |title=G20 meeting: eurozone debt crisis takes centre stage | Business |publisher=guardian.co.uk |date= |accessdate=2011-11-04}}</ref> |
|||
The final agenda for the summit has not been determined, but each leader of the [[G-20 major economies|G-20]] could bring his or her own agenda to the summit.<ref>Wolverson, Roya. [http://www.cfr.org/publication/22542/g20s_twenty_agendas.html?breadcrumb=%2Fpublication%2Fby_type%2Fbackgrounder "The G20's Twenty Agendas,"] [http://www.cfr.org/publication/22542/g20s_twenty_agendas.html?breadcrumb=%2Fpublication%2Fby_type%2Fbackgrounder ''Backgrounder''] ([[Council on Foreign Relations]]). 24 June 2010.</ref> Brazil, as led by President [[Dilma Roussef]] and Finance Minister [[Guido Mantega]], was expected to call on the eurozone countries to stop ditherting amid concerns of a global economic slowdown that would hurt emerging economies. Mantega said that: "The Europeans always take too long to find solutions. And when they come they come late."<ref>{{cite web|author=Tom Phillips in Rio de Janeiro |url=http://www.guardian.co.uk/world/2011/nov/02/brazil-to-tell-europe-to-get-its-act-together |title=Brazil's Dilma Rousseff will not mince her words over European dithering | World news |publisher=The Guardian |date= |accessdate=2011-11-04}}</ref> British Prime Minister David Cameron was expected to urge a stronger outline for the bailout package that led to the Greek referendum, but also refused to offer more direct funds for the Greek bailout. His comments were somewhat controverisal as the U.K. is not a part of the eurozone.<ref>{{cite web|author=Patrick Wintour, political editor |url=http://www.guardian.co.uk/business/2011/nov/02/g20-summit-david-cameron-bailout |title=G20 summit: Cameron will urge EU to flesh out bailout deal | Business |publisher=guardian.co.uk |date= |accessdate=2011-11-04}}</ref> |
|||
==Attendance== |
|||
{{update|date=November 2011}} |
|||
[[File:G20 - Cumbre de Cannes - 20011103.jpg|thumb|400px|Leaders of the G20 countries present at the Cannes summit.]] |
|||
The prospective participants at the Cannes summit include leaders and representatives of the core members of the [[G-20 major economies]], which comprises 19 countries and the [[European Union]] which is represented by its two governing bodies, the [[European Council]] and the [[European Commission]].<ref>Rieffel, Lex. [http://www.brookings.edu/opinions/2009/0327_global_governance_rieffel.aspx "Regional Voices in Global Governance: Looking to 2010 (Part IV),"] Brookings Institution (US). 27 March 2009, retrieved 2011-04-06; [http://canadainternational.gc.ca/g20/about-a_propos/members-membres.aspx?lang=eng&menu_id=13&menu=L "G20 members,"] Government of Canada, retrieved 2011-04-06.</ref> Representatives of other nations and regional organizations are expected to take part in the summit. |
|||
{| class="wikitable" |
|||
|- |
|||
! colspan="4" style="background: LightSteelBlue;"|'''[[G-20 major economies|G-20 members]]'''<br><small>Host nation and leader are indicated in bold text.</small> |
|||
|- style="background:#ccc; text-align:center;" |
|||
! colspan=2 | Member |
|||
! Represented by |
|||
! Title |
|||
|- |
|||
! {{flagicon|ARG}} |
|||
| [[Argentina]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/argentina.131.html Argentina, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Cristina Fernández de Kirchner]] |
|||
| [[President of Argentina|President]] |
|||
|- |
|||
! {{flagicon|AUS}} |
|||
| [[Australia]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/australia.132.html Australia, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Julia Gillard]] |
|||
| [[Prime Minister of Australia|Prime Minister]] |
|||
|- |
|||
! {{flagicon|Brazil}} |
|||
| [[Brazil]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/brazil.133.html Brazil, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Dilma Rousseff]] |
|||
| [[President of Brazil|President]] |
|||
|- |
|||
! {{flagicon|CAN}} |
|||
| [[Canada]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/canada.134.html Canada, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Stephen Harper]] |
|||
| [[Prime Minister of Canada|Prime Minister]] |
|||
|- |
|||
! {{flagicon|China}} |
|||
| [[People's Republic of China|China]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/china.135.html China, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Hu Jintao]] |
|||
| [[President of the People's Republic of China|President]] |
|||
|- |
|||
! {{flagicon|FRA}} |
|||
| '''[[France]]'''<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/france.138.html France, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| '''[[Nicolas Sarkozy]]''' |
|||
| '''[[President of France|President]]''' |
|||
|- |
|||
! {{flagicon|Germany}} |
|||
| [[Germany]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/germany.129.html Germany, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Angela Merkel]] |
|||
| [[Chancellor of Germany (Federal Republic of Germany)|Chancellor]] |
|||
|- |
|||
! {{flagicon|IND}} |
|||
| [[India]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/india.139.html India, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Manmohan Singh]] |
|||
| [[Prime Minister of India|Prime Minister]] |
|||
|- |
|||
! {{flagicon|Indonesia}} |
|||
| [[Indonesia]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/indonesia.140.html Indonesia, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Susilo Bambang Yudhoyono]] |
|||
| [[President of Indonesia|President]] |
|||
|- |
|||
! {{flagicon|Italy}} |
|||
| [[Italy]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/italy.141.html Italy, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Silvio Berlusconi]] |
|||
| [[Prime Minister of Italy|Prime Minister]] |
|||
|- |
|||
! {{flagicon|Japan}} |
|||
| [[Japan]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/japan.142.html Japan, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Yoshihiko Noda]]<br>-- <small>''projected leader of delegation''</small> |
|||
| [[Prime Minister of Japan|Prime Minister]] |
|||
|- |
|||
! {{flagicon|MEX}} |
|||
| [[Mexico]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/mexico.143.html Mexico, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Felipe Calderón]] |
|||
| [[President of Mexico|President]] |
|||
|- |
|||
! {{flagicon|RUS}} |
|||
| [[Russia]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/russia.145.html Russia, G20/2011 official site]; retrieved 12 February 2011.</ref> |
|||
| [[Dmitry Medvedev]] |
|||
| [[President of Russia|President]] |
|||
|- |
|||
! {{flagicon|Saudi Arabia}} |
|||
| [[Saudi Arabia]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/arabia.130.html Saudi Arabia, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Abdullah of Saudi Arabia|Abdullah bin Abdul Aziz]]<br>-- <small>''projected leader of delegation''</small> |
|||
| [[King of Saudi Arabia|King]] |
|||
|- |
|||
! {{flagicon|RSA}} |
|||
| [[South Africa]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/south-africa.128.html South Africa, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Jacob Zuma]] |
|||
| [[President of South Africa|President]] |
|||
|- |
|||
! {{flagicon|South Korea}} |
|||
| [[South Korea]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/korea.136.html South Korea, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Lee Myung-bak]] |
|||
| [[President of South Korea|President]] |
|||
|- |
|||
! {{flagicon|Turkey}} |
|||
| [[Turkey]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/turkey.146.html Turkey, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Recep Tayyip Erdoğan]] |
|||
| [[Prime Minister of Turkey|Prime Minister]] |
|||
|- |
|||
! {{flagicon|UK}} |
|||
| [[United Kingdom]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/turkey.146.html United Kingdom, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[David Cameron]] |
|||
| [[Prime Minister of the United Kingdom|Prime Minister]] |
|||
|- |
|||
! {{flagicon|US}} |
|||
| [[United States]]<ref>[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/united-states-of-america.137.html, G20/2011 official site]; retrieved 12 February 2011</ref> |
|||
| [[Barack Obama]] |
|||
| [[President of the United States|President]] |
|||
|- |
|||
! rowspan="2" | {{flagicon|European Union}} |
|||
| [[European Commission]]<ref name="europe">[http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/members-of-the-g20/european-union.147.html European Commission, G20/2011 official site]; retrieved 12 February 2011.</ref> |
|||
| [[Jose Manuel Barroso]]<br>-- <small>''projected co-leader of delegation''</small> |
|||
| [[President of the European Commission|President]] |
|||
|- |
|||
| [[European Council]]<ref name="europe"/> |
|||
| [[Herman Van Rompuy]] |
|||
| [[President of the European Council|President]] |
|||
|- |
|||
{| class="wikitable" |
|||
|- |
|||
| colspan="4" style="text-align:center; background:Gainsboro;"|'''Invited states''' |
|||
|- style="background:LightSteelBlue; text-align:center;" |
|||
! colspan=2 | State |
|||
! Represented by |
|||
! Title |
|||
|- |
|||
! {{flagicon|Ethiopia}} |
|||
| [[Ethiopia]]<ref name="invite">[http://www.g20-g8.com/g8-g20/g20/english/the-2011-summit/secretariat-general-of-the-french-presidency/secretariat-general-of-the-french-presidency-of.917.html Secretariat General of the French Presidency of the G20 and G8], [http://www.g20-g8.com/g8-g20/g20/english/for-the-press/news-releases/invitation-to-non-members-of-the-g20-to-the-g20.929.html Invitation to Non-Members of the G20 to the G20 Summit of Cannes on November 3 and 4, 2011,"] 12 February 2011; retrieved 12 February 2011</ref> |
|||
| [[Meles Zenawi]] <br>-- <small>''projected leader of delegation''</small> |
|||
| [[List of heads of government of Ethiopia|Prime Minister]] |
|||
|- |
|||
! {{flagicon|Singapore}} |
|||
| [[Singapore]]<ref name="invite"/> |
|||
| [[Lee Hsien Loong]] <br>-- <small>''projected leader of delegation''</small> |
|||
| [[Prime Minister of Singapore|Prime Minister]] |
|||
|- |
|||
! {{flagicon|Spain}} |
|||
| [[Spain]]<ref name="invite"/> |
|||
| [[José Luis Rodríguez Zapatero]] <br>-- <small>''projected leader of delegation''</small> |
|||
| [[Prime Minister of Spain|Prime Minister]] |
|||
|- |
|||
! {{flagicon|United Arab Emirates}} |
|||
| [[United Arab Emirates]]<ref name="invite"/> |
|||
| [[Khalifa bin Zayed Al Nahyan]] <br>-- <small>''projected leader of delegation''</small> |
|||
| [[President of the United Arab Emirates|President]] |
|||
|- |
|||
! {{flagicon|Equatorial Guinea}} |
|||
| [[Equatorial Guinea]]<ref name="invite"/> |
|||
| [[Teodoro Obiang Nguema Mbasogo]] |
|||
| [[List of heads of state of Equatorial Guinea|President]] |
|||
|- |
|||
{| class="wikitable" |
|||
|- |
|||
| colspan="4" style="text-align:center; background:Gainsboro;"|'''International organisations''' |
|||
|- style="background:LightSteelBlue; text-align:center;" |
|||
! colspan=2 | Organisation |
|||
! Represented by |
|||
! Title |
|||
|- |
|||
! |
|||
| [[African Union]]<ref name="invite"/> |
|||
| [[Teodoro Obiang Nguema Mbasogo]] |
|||
|[[Chairman of the African Union|Chairman]] |
|||
|- |
|||
! |
|||
| [[Basel Committee on Banking Supervision]]<ref name="institution">[http://www.g20.org/index.aspx G-20], [http://www.g20.org/146.aspx Home>Links>Institutional members]; retrieved 12 February 2011</ref> |
|||
| [[Nout Wellink]]<br>-- <small>''projected leader of delegation''</small> |
|||
| Chairman |
|||
|- |
|||
! |
|||
| [[Cooperation Council for the Arab States of the Gulf|CCASG]]<ref name="invite"/> |
|||
| Khalifa bin Zayed Al Nahyan <br>-- <small>''projected leader of delegation''</small> |
|||
| |
|||
|- |
|||
! |
|||
| [[European Central Bank]]<ref name="institution"/> |
|||
| TBD <br>-- <small>''possibly [[Mario Draghi]]''</small> |
|||
| [[President of the European Central Bank|President]] |
|||
|- |
|||
! |
|||
| [[Financial Stability Board]]<ref name="institution"/> |
|||
| [[Mario Draghi]] <br>-- <small>''projected leader of delegation''</small> |
|||
| Chairman |
|||
|- |
|||
! |
|||
| [[Global Governance Group]] (3-G)<ref>Jessop-Kolesnikov, Sonia. [http://www.nytimes.com/2011/05/26/world/asia/26iht-srgaASIA26.html?_r=1&scp=9&sq=deauville&st=cse "As G-8 Meets, Asian Leaders Seek a Bigger Role,"] ''New York Times'' (US). 25 May 2011; excerpt, The [[Global Governance Group]], conceptualized in April 2009 at the [[2009 G-20 London summit|G-20 London Summit]] meeting, includes 28 countries: [[Bahamas]], [[Bahrain]], [[Barbados]], [[Botswana]], [[Brunei]], [[Chile]], [[Costa Rica]], [[Guatemala]], [[Jamaica]], [[Kuwait]], [[Liechtenstein]], [[Malaysia]], [[Monaco]], [[Montenegro]], [[New Zealand]], [[Panama]], [[Peru]], [[Philippines]], [[Qatar]], [[Rwanda]], [[San Marino]], [[Senegal]], [[Singapore]], [[Slovenia]], [[Switzerland]], [[United Arab Emirates]], [[Uruguay]] and [[Vietnam]]"; retrieved 2011-05-26</ref> |
|||
| Sellapan Ramanathan <br>-- <small>''projected leader of delegation''</small> |
|||
| |
|||
|- |
|||
! |
|||
| [[International Labour Organization]]<ref name="organizations">G20-G8 France 2011, [http://www.g20-g8.com/g8-g20/g20/english/what-is-the-g20-/what-is-the-g20-/what-is-g20.70.html#02 English>What is the G20?>Who are its members?]; retrieved 13 February 2011</ref> |
|||
| [[Juan Somavía]] <br>-- <small>''projected leader of delegation''</small> |
|||
| Director-General |
|||
|- |
|||
! |
|||
| [[International Monetary Fund]]<ref name="institution"/> |
|||
| [[Christine Lagarde]]<ref>Fontevecchia, Augustino. [http://blogs.forbes.com/afontevecchia/2011/06/28/imf-appoints-lagarde-to-fix-a-disgraced-institution/ "IMF Appoints Lagarde To Fix A Disgraced Institution,"] ''Forbes'' (US). 28 June 2011.</ref>/ |
|||
| Managing Director |
|||
|- |
|||
! |
|||
| [[New Partnership for Africa's Development|NEPAD]]<ref name="invite"/> |
|||
| [[Armando Guebuza]]<ref>{{cite web|url=http://nazret.com/blog/index.php/2011/01/31/ethiopia-meles-zenawi-quits-nepad-leadership-post-pana-reports |title=Ethiopia - Meles Zenawi quits NEPAD leadership post - PANA reports |publisher=Nazret.com |date= |accessdate=2011-11-04}}</ref> <br>-- <small>''projected leader of delegation''</small> |
|||
| |
|||
|- |
|||
! |
|||
| [[Organisation for Economic Co-operation and Development|OECD]]<ref name="organizations"/> |
|||
| [[José Ángel Gurría]] <br>-- <small>''projected leader of delegation''</small> |
|||
| Secretary-General |
|||
|- |
|||
! {{flagicon|United Nations}} |
|||
| [[United Nations]]<ref name="organizations"/> |
|||
| [[Ban Ki-moon]] |
|||
| [[Secretary-General of the United Nations|Secretary General]] |
|||
|- |
|||
! |
|||
| [[World Bank Group]]<ref name="institution"/> |
|||
| [[Robert Zoellick]] <br>-- <small>''projected leader of delegation''</small> |
|||
| President |
|||
|- |
|||
! |
|||
| [[World Trade Organization]]<ref name="organizations"/> |
|||
| [[Pascal Lamy]] <br>-- <small>''projected leader of delegation''</small> |
|||
| Director-General |
|||
|} |
|||
==Protests== |
|||
Since the 2008 G20 summit, protests have occurred at every summit. At the summit protesters donned [[Robin Hood]] caps and demanded a tax on international financial transactions in order to provide aid to poor countries instead of catering to banking and other financial institutions.<ref>{{cite web|url=http://www.huffingtonpost.com/2011/11/02/g20-protests-2011_n_1071613.html?ref=world |title=G20 2011: Protests Ahead Of Summit In Cannes, France (PHOTOS) |publisher=Huffingtonpost.com |date=2008-11-15 |accessdate=2011-11-04}}</ref> They also chanted slogans in opposition to "corporate greed" and supported a counter-G20 summit, "People First, Not Finance", organised by [[labour union]]s and NGOs such as [[Greenpeace]] and [[Oxfam]]. Though police reported 5,500 were part of the protests, the organisers estimated the number of protesters at 12,000. The riot police and helicopters limited the scope of the protests to a neighbourhood in the east of Nice, which was to host the alternative summit as well as the protests. Both Cannes and Nice also tightened security, with 12,000 police personnel being deployed.<ref>{{cite web|author=Angelique Chrisafis in Nice |url=http://www.guardian.co.uk/world/2011/nov/01/anti-g20-protests-confined-nice |title=Anti-G20 protests confined to Nice as police seal off 'fortress Cannes' | World news |publisher=The Guardian |date= |accessdate=2011-11-04}}</ref> |
|||
== See also == |
|||
* [[37th G8 summit]] |
|||
== References == |
|||
{{Reflist|30em}} |
|||
==External links== |
|||
{{Commons category|G20|G-20 major economies}} |
|||
{{refbegin}} |
|||
* [http://www.g20-g8.com/g8-g20/g20/english/home.9.html Official website] |
|||
* [http://www.g8.utoronto.ca/g20 G20 Information Centre] |
|||
* [http://www.parliament.uk/ImageVault/Images/storage_Edited/filename_Y1Lv-YZwOlkcVJm7eBHn.jpg/id_6214/ImageVaultHandler.aspx Graphic: G20 is not simply the 20 largest economies] |
|||
* [[Club of Madrid]], [http://www.clubmadrid.org/en/programa/the_g_20_in_a_post_crisis_world G-20 Initiative] |
|||
{{refend}} |
|||
{{G-20 leaders' summits}} |
|||
{{DEFAULTSORT:G-20 summit 2010 Toronto}} |
|||
[[Category:G20]] |
|||
[[Category:2011 conferences]] |
|||
[[Category:2011 in France]] |
|||
[[Category:2011 in international relations]] |
|||
[[Category:21st-century diplomatic conferences]] |
|||
[[Category:Diplomatic conferences in France]] |
|||
[[es:Cumbre del G-20 de Cannes]] |
|||
[[fr:Sommet du G20 2011 (France)]] |
|||
[[ru:Саммит G-20 в Каннах (2011)]] |
Revision as of 22:32, 4 November 2011
G-20 Summit on Financial Markets and the World Economy | |
---|---|
![]() | |
Host country | France |
Date | 3-4 November 2011 |
Venue(s) | Palais des Festivals Cannes, France |
Participants | G-20 (+ Ethiopia, Singapore, Spain, United Arab Emirates, Equatorial Guinea), AU, NEPAD, CCASG |
Follows | Seoul summit, 2010 |
Precedes | Mexico summit, 2012 |
Website | g20-g8.com |
The 2011 G-20 Cannes Summit is the sixth meeting of the G-20 heads of government in a series of on-going discussions about financial markets and the world economy.[1]
The G-20 forum is the avenue for the G20 economies to discuss, plan and monitor international economic cooperation.[2]
Agenda
Host Nicolas Sarkozy considers his plans and expectations for the upcoming summit to be ambitious, but realistic. He expects that international monetary system reform will involve working closely with the IMF Managing Director.[3]
The summit leaders are expected to tackle several mid- and long-term policy issues, many of which remained unresolved at the end of the previous summits in Toronto and Seoul. The agenda has evolved over time:
|
|
Though the summit has intended to discuss reforms to the global monetary system and to rein in financial speculation and capital flows, a surprising decision by Greece to hold a referendum caused a new change to the discussions[6][7] as the Eurozone Financial Stability Facility took precedence over other issues.[8]
The final agenda for the summit has not been determined, but each leader of the G-20 could bring his or her own agenda to the summit.[9] Brazil, as led by President Dilma Roussef and Finance Minister Guido Mantega, was expected to call on the eurozone countries to stop ditherting amid concerns of a global economic slowdown that would hurt emerging economies. Mantega said that: "The Europeans always take too long to find solutions. And when they come they come late."[10] British Prime Minister David Cameron was expected to urge a stronger outline for the bailout package that led to the Greek referendum, but also refused to offer more direct funds for the Greek bailout. His comments were somewhat controverisal as the U.K. is not a part of the eurozone.[11]
Attendance
![]() | This article needs to be updated.(November 2011) |
![](http://upload.wikimedia.org/wikipedia/commons/thumb/8/88/G20_-_Cumbre_de_Cannes_-_20111103.jpg/400px-G20_-_Cumbre_de_Cannes_-_20111103.jpg)
The prospective participants at the Cannes summit include leaders and representatives of the core members of the G-20 major economies, which comprises 19 countries and the European Union which is represented by its two governing bodies, the European Council and the European Commission.[12] Representatives of other nations and regional organizations are expected to take part in the summit.
Invited states | |||
State | Represented by | Title | |
---|---|---|---|
![]() |
Ethiopia[33] | Meles Zenawi -- projected leader of delegation |
Prime Minister |
![]() |
Singapore[33] | Lee Hsien Loong -- projected leader of delegation |
Prime Minister |
![]() |
Spain[33] | José Luis Rodríguez Zapatero -- projected leader of delegation |
Prime Minister |
![]() |
United Arab Emirates[33] | Khalifa bin Zayed Al Nahyan -- projected leader of delegation |
President |
![]() |
Equatorial Guinea[33] | Teodoro Obiang Nguema Mbasogo | President |
International organisations | |||
Organisation | Represented by | Title | |
---|---|---|---|
African Union[33] | Teodoro Obiang Nguema Mbasogo | Chairman | |
Basel Committee on Banking Supervision[34] | Nout Wellink -- projected leader of delegation |
Chairman | |
CCASG[33] | Khalifa bin Zayed Al Nahyan -- projected leader of delegation |
||
European Central Bank[34] | TBD -- possibly Mario Draghi |
President | |
Financial Stability Board[34] | Mario Draghi -- projected leader of delegation |
Chairman | |
Global Governance Group (3-G)[35] | Sellapan Ramanathan -- projected leader of delegation |
||
International Labour Organization[36] | Juan Somavía -- projected leader of delegation |
Director-General | |
International Monetary Fund[34] | Christine Lagarde[37]/ | Managing Director | |
NEPAD[33] | Armando Guebuza[38] -- projected leader of delegation |
||
OECD[36] | José Ángel Gurría -- projected leader of delegation |
Secretary-General | |
![]() |
United Nations[36] | Ban Ki-moon | Secretary General |
World Bank Group[34] | Robert Zoellick -- projected leader of delegation |
President | |
World Trade Organization[36] | Pascal Lamy -- projected leader of delegation |
Director-General |
Protests
Since the 2008 G20 summit, protests have occurred at every summit. At the summit protesters donned Robin Hood caps and demanded a tax on international financial transactions in order to provide aid to poor countries instead of catering to banking and other financial institutions.[39] They also chanted slogans in opposition to "corporate greed" and supported a counter-G20 summit, "People First, Not Finance", organised by labour unions and NGOs such as Greenpeace and Oxfam. Though police reported 5,500 were part of the protests, the organisers estimated the number of protesters at 12,000. The riot police and helicopters limited the scope of the protests to a neighbourhood in the east of Nice, which was to host the alternative summit as well as the protests. Both Cannes and Nice also tightened security, with 12,000 police personnel being deployed.[40]
See also
References
- ^ "Legacies of the G20 Seoul Summit," Choson Ilbo (ROK). 13 November 2010; retrieved 13 February 2011
- ^ Parliament (UK): Townsend, Ian. "G20 & the November 2010 Seoul summit" (SN/EP/5028), 19 October 2010, retrieved 2011-04-07; excerpt, "Today, we designated the G-20 as the premier forum for our international economic cooperation" citing "Pittsburgh G20 Leaders’ summit communiqué," ¶50 September 29 2009, retrieved 2011-04-07; excerpt, "Today, we designated the G-20 as the premier forum for our international economic cooperation. We have asked our representatives to report back at the next meeting with recommendations on how to maximize the effectiveness of our cooperation. We agreed to have a G-20 Summit in Canada in June 2010, and in Korea in November 2010. We expect to meet annually thereafter, and will meet in France in 2011.
- ^ "Sarkozy, un nouveau président du G20 «ambitieux mais réaliste»," Le Soir (Belgium). 12 November 2010; retrieved 13 February 2011
- ^ G20 Seoul, G20/2010 projected agenda; retrieved Dec 2010
- ^ G20/2011 priorities; retrieved 12 February 2011
- ^ Kyriakidou, Dina (2011-10-31). "Greek PM on brink as world tells Europe to fix crisis". Reuters. Retrieved 2011-11-04.
- ^ G20 Cannes Summit heats up early on Greek debt issue
- ^ Larry Elliott, economics editor. "G20 meeting: eurozone debt crisis takes centre stage | Business". guardian.co.uk. Retrieved 2011-11-04.
{{cite web}}
:|author=
has generic name (help) - ^ Wolverson, Roya. "The G20's Twenty Agendas," Backgrounder (Council on Foreign Relations). 24 June 2010.
- ^ Tom Phillips in Rio de Janeiro. "Brazil's Dilma Rousseff will not mince her words over European dithering | World news". The Guardian. Retrieved 2011-11-04.
- ^ Patrick Wintour, political editor. "G20 summit: Cameron will urge EU to flesh out bailout deal | Business". guardian.co.uk. Retrieved 2011-11-04.
{{cite web}}
:|author=
has generic name (help) - ^ Rieffel, Lex. "Regional Voices in Global Governance: Looking to 2010 (Part IV)," Brookings Institution (US). 27 March 2009, retrieved 2011-04-06; "G20 members," Government of Canada, retrieved 2011-04-06.
- ^ Argentina, G20/2011 official site; retrieved 12 February 2011
- ^ Australia, G20/2011 official site; retrieved 12 February 2011
- ^ Brazil, G20/2011 official site; retrieved 12 February 2011
- ^ Canada, G20/2011 official site; retrieved 12 February 2011
- ^ China, G20/2011 official site; retrieved 12 February 2011
- ^ France, G20/2011 official site; retrieved 12 February 2011
- ^ Germany, G20/2011 official site; retrieved 12 February 2011
- ^ India, G20/2011 official site; retrieved 12 February 2011
- ^ Indonesia, G20/2011 official site; retrieved 12 February 2011
- ^ Italy, G20/2011 official site; retrieved 12 February 2011
- ^ Japan, G20/2011 official site; retrieved 12 February 2011
- ^ Mexico, G20/2011 official site; retrieved 12 February 2011
- ^ Russia, G20/2011 official site; retrieved 12 February 2011.
- ^ Saudi Arabia, G20/2011 official site; retrieved 12 February 2011
- ^ South Africa, G20/2011 official site; retrieved 12 February 2011
- ^ South Korea, G20/2011 official site; retrieved 12 February 2011
- ^ Turkey, G20/2011 official site; retrieved 12 February 2011
- ^ United Kingdom, G20/2011 official site; retrieved 12 February 2011
- ^ G20/2011 official site; retrieved 12 February 2011
- ^ a b European Commission, G20/2011 official site; retrieved 12 February 2011.
- ^ a b c d e f g h Secretariat General of the French Presidency of the G20 and G8, Invitation to Non-Members of the G20 to the G20 Summit of Cannes on November 3 and 4, 2011," 12 February 2011; retrieved 12 February 2011
- ^ a b c d e G-20, Home>Links>Institutional members; retrieved 12 February 2011
- ^ Jessop-Kolesnikov, Sonia. "As G-8 Meets, Asian Leaders Seek a Bigger Role," New York Times (US). 25 May 2011; excerpt, The Global Governance Group, conceptualized in April 2009 at the G-20 London Summit meeting, includes 28 countries: Bahamas, Bahrain, Barbados, Botswana, Brunei, Chile, Costa Rica, Guatemala, Jamaica, Kuwait, Liechtenstein, Malaysia, Monaco, Montenegro, New Zealand, Panama, Peru, Philippines, Qatar, Rwanda, San Marino, Senegal, Singapore, Slovenia, Switzerland, United Arab Emirates, Uruguay and Vietnam"; retrieved 2011-05-26
- ^ a b c d G20-G8 France 2011, English>What is the G20?>Who are its members?; retrieved 13 February 2011
- ^ Fontevecchia, Augustino. "IMF Appoints Lagarde To Fix A Disgraced Institution," Forbes (US). 28 June 2011.
- ^ "Ethiopia - Meles Zenawi quits NEPAD leadership post - PANA reports". Nazret.com. Retrieved 2011-11-04.
- ^ "G20 2011: Protests Ahead Of Summit In Cannes, France (PHOTOS)". Huffingtonpost.com. 2008-11-15. Retrieved 2011-11-04.
- ^ Angelique Chrisafis in Nice. "Anti-G20 protests confined to Nice as police seal off 'fortress Cannes' | World news". The Guardian. Retrieved 2011-11-04.
External links
![](http://upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/30px-Commons-logo.svg.png)