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Who Should the Twenty Be?: A New Membership System to Boost the Legitimacy of the G20 at a Critical Time for the Global Economy

This paper identifies specific membership criteria and shows the effect they will have on the G20’s composition. Setting clear criteria will be controversial — in part because it will require the replacement of several current members. Such change may be painful, but with another recession beginning in Europe, uncertainty over the future of the euro, sluggish growth in the United States, and weakness among developing economies, reform must happen soon if the G20 is to work constructively to help foster economic growth and financial-market stability.