Transnational Bodies

G20 Appoints Global Monitors of Progress on Economy, Equality

November 19, 2014

The Group of 20 ("G20"), a forum for the countries with the 20 largest economies in the world, has tasked the Organization for Economic Co-operation and Development ("OECD") and the International Monetary Fund ("IMF") to monitor its members' implementation of decisions on the economy and gender equality.
Facing Economic Malaise, G20 Seeks Climate Change Action

November 19, 2014

Despite pressure from Australia to focus on bolstering global economic growth at a recent summit, the Group of 20 ("G20"), a forum for the countries with the 20 largest economies in the world, issued a declaration calling for governments to take "strong and effective action" on global warming.
WEF Announces New Platform for Global Financial Cooperation

November 19, 2014

The World Economic Forum ("WEF") has announced a new initiative on global financial issues that will provide a platform for international organizations, governments, and others to promote greater international cooperation on and global governance of the world's financial system.
OSCE Expresses Concern over Money in U.S. Politics

November 12, 2014

Following its observation mission during the U.S. midterm elections on invitation from the U.S. Government, the Organization for Security and Co-operation in Europe ("OSCE") Parliamentary Assembly has expressed concern over the amount of money spent in campaigns, as well as voter identification requirements.
CIGI Finds "Troubling" Decline in Global Economic Governance

November 12, 2014

The Centre for International Governance Innovation ("CIGI") has published a report expressing concerns over finding a decline in the willingness of countries to cooperate in global economic governance, including on such issues as sovereign debt and a binding agreement on greenhouse gases.
WEF Criticizes Lack of Global Economic Governance

November 12, 2014

At a recent World Economic Forum ("WEF") conference in Dubai, participants complained of "politics" impeding the intervention of global initiatives in dealing with such issues as income inequality and jobless growth in countries around the world.
Kirshner Sees Declining U.S. Influence on Economic Governance

November 12, 2014

Jonathan Kirshner writes that the recent global financial crisis marked a turning point in international economic governance and will lead to a global financial system in which new international institutions will appear in which the U.S. has less authority.
German Minister Praises Global Governance of Taxation

November 05, 2014

German Finance Minister Wolfgang Schäuble has praised a recent global agreement on automatic exchange of tax information and has called for further efforts to achieve uniform international standards to reduce tax competition among countries.
Court Finds Dominican Republic Must Leave IACHR

November 05, 2014

ABC News reports that the Constitutional Court of the Dominican Republic has ruled that because the country's Senate has not ratified the government's agreement with the Inter-American Court of Human Rights ("IACHR"), the country must withdraw from the human rights body.
IMF Pushes Initiative on Natural Resources Revenue

October 22, 2014

The International Monetary Fund ("IMF") is cooperating with the Extractive Industries Transparency Initiative to pressure governments to expose data on the revenue they receive from companies in the extractive sector.