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The G20, Emerging Powers, and Transatlantic Relations / DIIS. G20 puzzles:why not more coordination?=> global economic and financial crisis led to expectation that this critical juncture would induce systemic overhaul by joint action=> however, domestic value-based ideas and material interes
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1. The G20, Emerging Powers, and Transatlantic Relations / DIIS G20 puzzles: why not more coordination? why new ad hoc groupings superseding previous alliances? Achievements and failures of the G20 since 2008 Efficiency and legitimacy of the G20 Emerging and industrialized countries in new ad hoc groupings 4.1. Stimulus and public debt 4.2. Currency war and global imbalances 4.3. Financial market regulation 4.4. IMF governance reform and SDR Conclusion G20 groupings supersede previous alliances such as G7, BRICs virtue of issue-specific coalitions: legitimacy by domestic ideas/interests