G20 Economic Policy – A balance of payments framework

This book examines statistics on G-20 member countries with the aim of providing an analysis of their economic policies, with a particular focus on the financial dynamics of each country’s balance of payments, in order to offer a framework for better understanding where we are headed in an era of major economic and geopolitical realignments.

Furthermore, it delves into the current challenges to the U.S.-led unipolar world that have emerged since the collapse of the Soviet Union, beginning with the rise of China and India alongside Russia, and their potential role in reshaping the global financial system. The focus also extends to South America, where economies such as Brazil and Argentina are navigating complex relationships with traditional allies and emerging global powers. Africa’s position in this evolving landscape is also analyzed, highlighting its growing autonomy, as exemplified by the African Union’s inclusion in the G-20.

Furthermore, the Middle East is undergoing significant geopolitical change, undoubtedly representing another power hub in the emerging economic landscape. These geopolitical dynamics are further complicated by major global events, including the 2008 global financial crisis, the Eurozone sovereign debt crisis, the COVID-19 pandemic in 2020, and the Russia-Ukraine conflict in 2022.

The climate emergency poses urgent challenges, highlighting its direct impact on productivity and migration patterns. Finally, this book seeks to contribute to a nuanced understanding of the current economic realities of major global actors and their complex interaction with geopolitical choices. Based on an academic approach, the analysis provides insights into the complex and evolving global order.