G20 faces crucial test of its credibility as Brisbane summit looms | Law

G20 faces crucial test of its credibility as Brisbane summit looms

Professor Ross Buckley comments in The Guardian (10 November 2014) on the ongoing credibility of the G20.

“The world was in a perilous state in 2008, much more perilous than people thought,” argues Ross Buckley, professor of international finance law at the University of New South Wales.

“The G20 was important in that crisis, not so much for what it did, but for the sense it provided that someone was on the job, that the crisis was being taken care of by a credible international body. 2008 could have been really bad, it could have been as bad as 1929, but the G20 was incredibly important in sending a message of calm,” he says.

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