About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

43 Geo. Wash. Int'l L. Rev. 345 (2011)
The OECD and the G20: An Ever Closer Relationship

handle is hein.journals/gwilr43 and id is 349 raw text is: THE OECD AND THE G20: AN EVER
CLOSER RELATIONSHIP?
PROF. DR. JAN WOUTERS* AND SVEN VAN KERCKHOVENt
ABSTRACT
This Article critically analyzes the recent developments in the relation-
ship between the G20 and the Organisation for Economic Co-operation
and Development (OECD). The OECD has been one of the world's key
economic institutions since its establishment. Recently however, its lim-
ited membership and the engagement of other international organiza-
tions in its traditional issue fields have increased the fear that the OECD
might become less relevant within the global economic architecture. At
first, the emergence of the G20 reinforced this fear. However, thanks to
the activism of the OECD's secretary-general, its pool of knowledge, and
the expertise of its secretariat, the OECD was able to turn the threat into
an opportunity to revive itself The OECD increasingly performs opera-
tional, implementation, and monitoring assignments for the G20, which
itself lacks such capabilities. Recent G20 commmuniques support the
claim that both entities increasingly cooperate in order to solve their
respective shortcomings. The increased cooperation allowed the OECD to
regain its relevance within the global economic governance architecture,
while the G20's functioning is strengthened thanks to the contributions
of the OECD on a growing number of issues. The growing concrescence
of both organizations raises some concerns about the role and function-
ing of both entities in the global economic governance architecture.
TABLE OF CONTENTS
INTRODUCTION .........        ...................................... 346
I. PAST WAVES WITHIN THE OECD            ...................       347
11. THE RISE OF THE G20            ............................ 352
III. RATIONALE FOR THE GROWING COOPERATION .......... .356
* Jean Monnet Chair, European Union and Global Governance; Professor of Inter-
national Law and International Organizations; and Director, Leuven Centre for Global
Governance Studies and Institute for International Law, University of Leuven. Ph.D. 1996,
Law University of Leuven; LL.M. 1990, Yale University; Lic. Juris 1987, University of Ant-
werp; B.Phil. 1984, University of Antwerp.
t Research Fellow, Leuven Centre for Global Governance Studies, University of
Leuven; Ph.D. Candidate, Political Economy, University of Leuven. Master of Comparative
and International Politics 2010, University of Leuven, cum laude Master of Business Eco-
nomics 2009, University of Leuven, magna cum laude, Bachelor of Business Economics
2008, University of Leuven.
The authors express their sincere gratitude for the comments they received from Ambas-
sador Chris Hoornaert.

345

What Is HeinOnline?

HeinOnline is a subscription-based resource containing nearly 3,000 academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline with pricing starting as low as $29.95

Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most