International Institutional Reform and Global Governance

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"Above all, the L-20 recognizes that geo-political and geo-economic realities are changing."

- Paul Heinbecker, 2005

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International Institutional Reform and Global Governance

Location: Washington, DC
Date: 4 - 5 May, 2006
Hosted by: The Brookings Institution

Context: The purpose of the conference was to engage officials from G20 countries in a policy dialogue on governance reforms in specific international institutions, with a special focus on the International Monetary Fund (IMF), and in the expansion in the country membership of the annual G8 summits, and the potential interactions among them. It was the culmination of a series of seminars held at Brookings involving Washington-based officials from G20 countries on IMF reform, World Bank reform, the G20 finance ministers group, the Bank-Fund inter-ministerial committees (the International Monetary and Finance Committee (IMFC) and the Development Committee), global health governance and UN reform, bringing these issues together and linking them to summit reform. It also served as a wrap up meeting for the CFGS-CIGI conferences exploring the merit of the concept of raising the G20 Finance Ministers to Leaders level.

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