Social Forces and the International Political Economy after the 2008 Financial Crisis: The Case of Business Summit 20 (B20)
The 2008 financial crisis stands out for being a crisis that occurred not in developing countries, but in the core capitalist countries, thus assuming greater proportions and with broader ramifications. In this context, the G20 gained new impetus, and, as a result, several studies have sought to und...
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ftdoajarticles:oai:doaj.org/article:8925db12f6ea4f97aa6dfb9aa55f5969 2023-05-15T17:34:51+02:00 Social Forces and the International Political Economy after the 2008 Financial Crisis: The Case of Business Summit 20 (B20) Leonardo Ramos Pedro Henrique Schneider Parreiras 2019-09-01T00:00:00Z https://doi.org/10.1590/1981-3821201900020002 https://doaj.org/article/8925db12f6ea4f97aa6dfb9aa55f5969 EN eng Brazilian Political Science Association https://brazilianpoliticalsciencereview.org/wp-content/plugins/xml-to-html/include/lens/index.php?xml=1981-3821-bpsr-13-2-e0003.xml&lang=en#content/contributor_reference_1 https://doaj.org/toc/1981-3821 doi:10.1590/1981-3821201900020002 1981-3821 https://doaj.org/article/8925db12f6ea4f97aa6dfb9aa55f5969 Brazilian Political Science Review, Vol 13, Iss 2 (2019) b20 crisis g20 hegemony transnational capitalist class Political science (General) JA1-92 article 2019 ftdoajarticles https://doi.org/10.1590/1981-3821201900020002 2022-12-31T04:55:55Z The 2008 financial crisis stands out for being a crisis that occurred not in developing countries, but in the core capitalist countries, thus assuming greater proportions and with broader ramifications. In this context, the G20 gained new impetus, and, as a result, several studies have sought to understand not only the crisis but the role of the reformed G20 in the process of resolving it. Despite the relevance of this literature, little attention has been paid to the G20 outreach process, in particular to the growing dialogue established between the G20 and B20 (Business Summit 20), a group that represents the business sector in these exchanges. This article seeks to contribute to a better understanding of the engagement of business elites with the actions taken by the G20 to deal with the 2008 financial crisis – that is, the role of social forces in the (re)construction of contemporary international political economy. It seeks, in a concise and exploratory way, to sketch the relationship between the B20 and G20 in the period between 2010 and 2017, in order to better understand processes associated with the transnationalization of the capitalist class. It starts from the hypothesis that during this period it is possible to identify the constitution of a ‘B20 Nucleus’, constituted by the business sectors present at most B20 summits, and to a large extent based in the countries of the North Atlantic. In this sense, the B20 acts as a point of integration for the global corporate elite. Article in Journal/Newspaper North Atlantic Directory of Open Access Journals: DOAJ Articles Brazilian Political Science Review 13 2 |
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ftdoajarticles |
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English |
topic |
b20 crisis g20 hegemony transnational capitalist class Political science (General) JA1-92 |
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b20 crisis g20 hegemony transnational capitalist class Political science (General) JA1-92 Leonardo Ramos Pedro Henrique Schneider Parreiras Social Forces and the International Political Economy after the 2008 Financial Crisis: The Case of Business Summit 20 (B20) |
topic_facet |
b20 crisis g20 hegemony transnational capitalist class Political science (General) JA1-92 |
description |
The 2008 financial crisis stands out for being a crisis that occurred not in developing countries, but in the core capitalist countries, thus assuming greater proportions and with broader ramifications. In this context, the G20 gained new impetus, and, as a result, several studies have sought to understand not only the crisis but the role of the reformed G20 in the process of resolving it. Despite the relevance of this literature, little attention has been paid to the G20 outreach process, in particular to the growing dialogue established between the G20 and B20 (Business Summit 20), a group that represents the business sector in these exchanges. This article seeks to contribute to a better understanding of the engagement of business elites with the actions taken by the G20 to deal with the 2008 financial crisis – that is, the role of social forces in the (re)construction of contemporary international political economy. It seeks, in a concise and exploratory way, to sketch the relationship between the B20 and G20 in the period between 2010 and 2017, in order to better understand processes associated with the transnationalization of the capitalist class. It starts from the hypothesis that during this period it is possible to identify the constitution of a ‘B20 Nucleus’, constituted by the business sectors present at most B20 summits, and to a large extent based in the countries of the North Atlantic. In this sense, the B20 acts as a point of integration for the global corporate elite. |
format |
Article in Journal/Newspaper |
author |
Leonardo Ramos Pedro Henrique Schneider Parreiras |
author_facet |
Leonardo Ramos Pedro Henrique Schneider Parreiras |
author_sort |
Leonardo Ramos |
title |
Social Forces and the International Political Economy after the 2008 Financial Crisis: The Case of Business Summit 20 (B20) |
title_short |
Social Forces and the International Political Economy after the 2008 Financial Crisis: The Case of Business Summit 20 (B20) |
title_full |
Social Forces and the International Political Economy after the 2008 Financial Crisis: The Case of Business Summit 20 (B20) |
title_fullStr |
Social Forces and the International Political Economy after the 2008 Financial Crisis: The Case of Business Summit 20 (B20) |
title_full_unstemmed |
Social Forces and the International Political Economy after the 2008 Financial Crisis: The Case of Business Summit 20 (B20) |
title_sort |
social forces and the international political economy after the 2008 financial crisis: the case of business summit 20 (b20) |
publisher |
Brazilian Political Science Association |
publishDate |
2019 |
url |
https://doi.org/10.1590/1981-3821201900020002 https://doaj.org/article/8925db12f6ea4f97aa6dfb9aa55f5969 |
genre |
North Atlantic |
genre_facet |
North Atlantic |
op_source |
Brazilian Political Science Review, Vol 13, Iss 2 (2019) |
op_relation |
https://brazilianpoliticalsciencereview.org/wp-content/plugins/xml-to-html/include/lens/index.php?xml=1981-3821-bpsr-13-2-e0003.xml&lang=en#content/contributor_reference_1 https://doaj.org/toc/1981-3821 doi:10.1590/1981-3821201900020002 1981-3821 https://doaj.org/article/8925db12f6ea4f97aa6dfb9aa55f5969 |
op_doi |
https://doi.org/10.1590/1981-3821201900020002 |
container_title |
Brazilian Political Science Review |
container_volume |
13 |
container_issue |
2 |
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1766133818355351552 |