Participation of the european union and the brics in the G20

Abstract

Amongst the examples of structures filling up the spectrum of relationships between states and non-state actors in global governance, one can distinguish informal forums of international co-operation. The core position amongst them is occupied by the G20. This chapter is devoted to the issue of participation of the European Union and the BRICS nations in the G20 summits. The question arises of what roles are designed for the EU institutions. The analysis is conducted under post-Lisbon legal order and uses principal-agent model. Attention is also drawn to the BRICS group as the leading emerging economies and political powers at the regional and international level extending their influence in the G20. This chapter highlights the increasing activity of emerging economies in the Group of Twenty and explores the possibility of developing co-ordinated positions by the BRICS members in the G20 summits.