What are the Advantages and disadvantages of g20?

Answer 1

The G20, as a major forum for international economic cooperation, offers several advantages, including the ability to address global economic challenges collectively, promote financial stability, and enhance collaboration among both developed and emerging economies. However, its disadvantages include the potential for decision-making paralysis due to the diverse interests of member countries, limited enforcement mechanisms for agreements, and criticisms regarding the representation of smaller nations and marginalized groups in global discussions. Overall, while the G20 plays a crucial role in shaping global economic policies, it faces challenges in achieving consensus and equitable representation.