Perceptions, promotion and pre-eminence : India’s presidency of the G20

Abstract

New Delhi’s taking on the G20 Presidency represents a highly important—if not watershed—moment for Indian diplomacy. For an India that is transitioning from being a developing to a developed economy and whose great power rise centres upon core goals relating to development, modernisation, status, leadership, importance, prestige and pride, assuming the G20 Presidency seems transformational. A central part of the G20’s remit also concerns constructing and maintaining global financial architectures and governance mechanisms, which India can now crucially influence as her own economic clout increases on the global stage. Moreover, New Delhi’s Presidency signifies a pivotal time for the legitimacy of the G20 and one which potentially heralds a more representative era for the grouping, which will only enhance India’s global pre-eminence.