The document summarizes the G20 2014 Brisbane summit. It provides background on the G20 group which includes 20 major world economies that account for 85% of global GDP. The 2014 summit was hosted by Australia in Brisbane. Key agenda items discussed were anti-corruption, development, employment, financial regulation, growth strategies, investment and infrastructure, tax, and trade. Indian Prime Minister Modi emphasized retrieving black money kept abroad as a priority for India. The concluding communique focused on increasing global economic growth, job opportunities, trade, and reducing poverty.

1. G20 2014 – BRISBANE SUMMIT

2. INTRODUCTION
• The Group of Twenty (also known as the G-
20 or G20) is an international forum for the
governments and central bank governors from 20
major economies.

3. The members include 19 individual countries-Argentina, Australia,
Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan,
Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey,
United Kingdom, United States—and the European Union (EU).

4. • Financial Stability Board
• International Labour
Organisation
• International Monetary
Fund
• Organisation for Economic
Co-operation and
Development
• United Nations
• World Bank
• World Trade Organization
G20 guest countries
• Mauritania
• Burma
• New Zealand
• Senegal
• Singapore
• Spain
International
organisations

5. • The G-20 is the latest in a series of initiatives aimed at
international coordination of economic policy

6. HISTORY
• The G20 started in 1999 as a meeting of Finance
Ministers and Central Bank Governors in the
aftermath of the Asian financial crisis. In 2008,
the first G20 Leaders' Summit was held, and the
group played a key role in responding to the
global financial crisis.

7. • The G-20 economies account for around 85% of the gross world
product (GWP), 80% of world trade(or, if excluding EU intra-trade,
75%), and two-thirds of the world population .
• G-20 heads of government or heads of state have periodically
conferred at summits since their initial meeting in 2008.
• The group was formally inaugurated in September 1999.
• First Chairman- Paul Martin(Canadian Prime Minister)
• German finance minister Hans Eichel hosted the first G-20
meeting of finance ministers in December 1999 in Berlin.

8. • The G-20 membership policies have been criticized by
numerous intellectuals, and its summits have been a
focus for major protests by anti-globalists, nationalists
and others.
• The G-20 Summit was created as a response both to
the financial crisis of 2007–2010 and to a growing
recognition that key emerging countries were not
adequately included in the core of global economic
discussion and governance

9. DETAILS OF PREVIOUS G20
SUMMIT
Date Host country Host city
1st November 2008 United States Washington, D.C.
2nd April 2009 United Kingdom London
3rd September 2009 United States Pittsburgh
4th June 2010 Canada Toronto
5th November 2010 South Korea Seoul
6th November 2011 France Cannes
7th June 2012 Mexico Los Cabos
8th September 2013 Russia Saint Petersburg
9th November 2014 Australia Brisbane
10th November 2015 Turkey Antalya
11th 2016 China

10. G-20 LEADERS CHAIR ROTATION
• The 19 sovereign nations are divided to five
different groups.
• Each group has maximum of four nations.
• This system was in practice from 2010.

11. ORGANISATION
• The G-20 operates without a permanent secretariat or
staff. The group's chair rotates annually among the
members and is selected from a different regional
grouping of countries.
• The chair is part of a revolving three-member
management group of past, present and future chairs,
referred to as the “TROIKA".
• The incumbent chair establishes a temporary secretariat
for the duration of its term, which coordinates the
group's work and organizes its meetings.

12. • The role of the Troika is to ensure continuity in the G-
20's work and management across host years. The last
chair of the G-20 was at Australia.
• The chair was handed over from Russia after the
2013 G-20 Summit. The 2015 Summit will be
presided by Turkey while China will preside the 2016
Summit.

13. ROLE OF ASIAN COUNTRIES
• A 2011 report released by the Asian Development Bank
(ADB) predicted that large Asian economies such as China
and India would play a more important role in global
economic governance in the future.
• The report claimed that the rise of emerging market
economies heralded a new world order, in which the G-20
would become the global economic steering committee.
• The ADB furthermore noted that Asian countries had led
the global recovery following the late-2000s recession.
• It predicted that the region would have a greater presence
on the global stage, shaping the G-20's agenda for balanced
and sustainable growth through strengthening intraregional
trade and stimulating domestic demand.

14. Permanent guest invitations
Invite Officeholder State Official title
Association of Southeast Asian Nations (ASEAN)
Thein Sein Myanmar President
Lê Lương Minh – Secretary-General
International Labour Organization (ILO) Guy Ryder – Director General
International Monetary Fund (IMF) Christine Lagarde – Managing Director
Kingdom of Spain (ESP) Mariano Rajoy Spain Prime Minister
New Partnership for Africa's Development (NEPAD) Macky Sall Senegal President
United Nations (UN) Ban Ki-moon South Korea Secretary-General
World Trade Organization (WTO) Roberto Azevêdo – Director General

15. THE 2014G-20 AUSTRALIA SUMMIT
• The 2014 G-20 Australia summit was the ninth
meeting of the G-20 heads of government.
• It was held in Brisbane, the capital city
of Queensland, Australia, on 15–16 November
2014.
• The hosting venue was the Brisbane Convention
& Exhibition Centre at South Brisbane.

16. PREPARATIONS
• Brisbane was selected over Sydney because:
the city was better
• High security was provided

17. AGENDA
• Anticorruption
• Development
• Employement
• FinancialRegulation
• Growth Strategies
• Investment and Infrastructure
• Tax
• Trade

18. INDIA’S STAND
• “Repatriation of black money kept abroad is a key
priority for India”
said Modi

19. As India makes attempts to retrieve the black money, the
Prime Minister has already made it clear that close
cooperation to retrieve the black money from abroad is a
key issue for him.

20. CONCLUSION
Following the summit, the G-20 leaders released a joint
communique summarising the points of agreement
between them, this focused on:
• Economic concerns,
• Highlighting plans to increase global economic growth
• Create more job oppurtunities

21. • Increase trade and reduce poverty.
• The summit sets out a goal of increasing
economic growth by an extra 2% through
commitments made at the summit, and of
increasing infrastructure investment through the
creation of a four-year infrastructure hub.
• linking government, private sector, development
banks and interested international organisations.

22. • The G20 countries helps each others to fecilitate the trade
and to improve the surrounding economy. Even they are
having these merits some critisicms are there regarding the
membership of certain countries and the possesion of
devoloped countries etc
• By these kind of summits irrespective of whether its G20 ,
BRICS , G7 they will obviously look towards the
enhancement of globall trade to secure the gobal economy
and more than the mutual harmony of each nations in the
world

23. Presented by
Jerrin Varghese
Rohit Francis
Neel Mohan
Robinse sajeev
THANK
YOU