Such diversity makes it obviously harder to reach consensus, harder for instance than at the level of the G7 which is a similar forum, whose death was also declared prematurely. The G20 remains important for policy dialogue with a view to reaching a common understanding on economic challenges shaping the outlook.
Such a common understanding is a key condition for being ready to act in a globally cooperative manner when the need arises. Therefore, the main question now is how to further improve the G20’s effectiveness as an informal forum for economic policy dialogue.