Readers' Guide Comment on “de facto steering committee of the world economy and its principal institutions”
The redefinition of the international system is premised on recognizing a select group of 20 countries as facts-on-the-ground leaders of the global economy. In this sense, GRI is recommending that the leaders of the powerful states continue to manage the international system, albeit with a different configuration. In this sense, the G20 for GRI is a rebirth of the OECD system with just another combination of states. In spite of WEF's strong support for non-state actors, Everybody’s Business did not recommend that the G20 become a multi-stakeholder body with a balanced group of equal number of heads of government, CEOs of MNCs, and leaders of CSOs.
In 2010 the Canadian Chamber of Commerce and the International Chamber of Commerce created the B20 as a standing business advisory group to the G20. As of 2012, there is still not a standing CSO advisory body.
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