Date: Tuesday-Wednesday, October 18~19, 2011
Topic: “Middle Powers and Caucusing in Global Governance: Do Middle Powers Need Their Own Summit?”
The Asan Institute for Policy Studies hosted the 2nd Asan Global Governance Conference titled “Middle Powers and Caucusing in Global Governance: Do Middle Powers Need Their Own Summit?” from October 18 (Tues) – 19 (Wed), 2011. The central feature of global governance since the global financial crisis of 2008 is increasing competition between the developed and the emerging economies over influence, policy direction and institutional design in global governance. Out of this competition have emerged several global governance sub-groups or caucuses such as the G20, the BRICS and the 3G whose goal is to promote sub-group cooperation or coordination between contending sub-groups. The purpose of this conference was to assess the new phenomenon of competitive caucusing in global governance and to provide a new agenda for global governance reform in light of increasing caucusing.