BOND University Diplomacy students are grading the performance of G20 members on progress made towards meeting key commitments in the lead up to the Brisbane G20 Leaders’ Summit, as part of a compliance report which will be made public ahead of the summit.
Students studying Diplomacy were tasked with reviewing priority commitments made by world leaders at the 2013 G20 Summit in St Petersburg, and then reporting on the extent to which those commitments have been met.
The report ranks the United Kingdom as the country with the highest compliance, followed by France and Germany in second place and Australia, the European Union and United States in third place.
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The country with the poorest compliance rating was Saudi Arabia, with China and Argentina in second last position.
The updated G20 2014 St Petersburg Compliance Report – which will be made public on November 14 – is a collaborative project led by the G20 Research Group at the University of Toronto and the International Organisations Research Institute of the National Research University Higher School of Economics in Moscow.
G20 members are ranked on a selection of priority commitments made at St Petersburg including efforts made to improve trade, investment, and credit access conditions, combat tax avoidance strengthen tax administration, support clean energy technology and green growth initiatives and address crime and corruption.
Assistant Professor Caitlin Byrne says the G20 Research Group compliance report provides a real framework for people to assess the performance and progress of the G20 members in a number of important areas of economic cooperation. It also calls on world leaders to be accountable for G20 outcomes.
“The opportunity to be involved in the G20 Research Group compliance report arose through existing connections between Bond University and the University of Toronto. The project was a great fit for the learning outcomes of the post-graduate Diplomacy course, which also gave students the opportunity to gain practical experience by advising on real-world matters,” she said.
“What we have contributed to is essentially a ‘report card’ for the G20 members with compliance rankings to show how well each has met their commitments in key areas of global economic policy.
“It’s a simple way for the general public as well as policy-makers, academics and civil society to understand and keep track of G20 performance from summit to summit.
“It was a challenging project but it’s one that I hope Bond University students can continue to contribute to on an annual basis.”
“The report does reinforce the value of the G20 as forum that brings together leaders from both advanced and emerging economies to address some of the most significant challenges facing the global economy today. It’s important for Australia to have a seat at that table, too.”
G20 Research Group senior researcher Caroline Bracht said that overall compliance was up from last year, but still below the long term trend seen in previous years.
“The commitment that received highest compliance from all countries was job creation, followed by development of vocational training programs, supporting small to medium enterprises and national plans for long term investment,” she said.
“The commitments that received poor compliance were decreasing the cost of remittances and climate change.”
The report can be downloaded by visiting the wesbite.