Abstract
The group of twenty (G20) cooperation between the twenty members is seen as significant and systemic. These twenty countries are participating in Australia in 2014 with non- members countries. Australian business and community leaders will have the possibility to contribute to G20 discussions. Central Bank Governors and Finance Ministers meet regularly to discuss ways to reform international financial institutions, improve financial regulation, strengthen the global economy hence these meetings is a year-long program. This study is then assesses the expansion of the G20’s scope to global development and context of the current global governance framework.
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