Araújo, Samara Nádia Carvalho Bezerra de; 4120829639854584; http://lattes.cnpq.br/4120829639854584
Resumo:
The 2008 Financial Crisis highlighted the vulnerabilities of the International Financial
System, leading to a series of reforms guided by the G20 to consolidate global financial
regulation. These changes included strengthening financial governance, including
developing economies in the decision-making process, and creating new regulatory
structures, such as the Financial Stability Board. The measures employed sought to
improve the stability of the financial system, promoting greater transparency and
resilience through the Basel III Agreement, stricter controls on derivatives, and
systematically important financial institutions. The paper presents a qualitative and
descriptive approach based on the reading of an extensive bibliographical material
consisting of scientific articles, reports from international organizations, and official
documents of the G20. The research concludes that the G20's performance was
effective in consolidating its relevance as a forum capable of acting when necessary
and promoting the expansion of the debate agenda to include sustainable development
to contribute to global economic recovery.