The United Nations University Office, New York (UNU-ONY) is organizing a discussion entitled ‘Global Governance: The G-20 and the UN’ with H.E. Ambassador Mr. Vanu Gopala Menon, Permanent Representative of the Singapore Mission to the United Nations.
The global economic crisis has underscored the need for more effective global governance mechanisms for economic policy coordination. The G-20 represents a significant step in that regard. The G-20 process and the swift, decisive actions that it brought about helped to avert a global economic depression in the last year. However, for the G-20’s deliberations to be translated into effective actions on a global scale, they will need to be more consultative, inclusive and transparent. This will require the development of appropriate mechanisms to engage and consult a wider range of countries. At the same time, it should also be borne in mind that the United Nations is the only global body with universal participation and unquestioned legitimacy. The G-20 process should recognize and reflect this reality. The G-20 process and its actions and decisions should complement and strengthen the United Nations. What can be done to ensure that the G-20 process strengthens and not undermines the UN? How can we build up a framework of engagement between the G-20 and non G-20 members?
Conference Room 1, Temporary North Lawn Building, UN Headquarters, New York