Decline of the G20: A Fractured Global Governance
The G20, established in response to global financial crises, now finds itself at a critical crossroads. As the 2026 Trump summit approaches, the forum is grappling with a growing absence of major powers, signaling a shift in global governance. The summit, which has historically aimed to foster international cooperation, is now at risk of becoming symbolic, with the United States opting out of the event.
A key factor in this decline is the United States’ decision to boycott the summit, an action driven by political tensions and accusations against South Africa’s leadership. Trump’s approach reflects a broader trend where U.S. foreign policy favors unilateralism over multilateral engagement. While China and Russia are also absent from the summit, their reasons are more varied, highlighting an overarching trend of fragmented international cooperation.
The G20, originally designed to address global interconnectedness and economic shocks, is now struggling to adapt to the current geopolitical reality. The forum’s decline is attributed to the collapse of the assumption that all major states would be willing to engage in broad globalization. This shift is seen not only in the U.S. but also in the growing reluctance of the global majority to maintain a subordinate position in the international system.
In light of these developments, the G20’s effectiveness in coordinating responses to international crises is in question. The summit, which is expected to be a significant event, may not have the capacity to revive the forum as a meaningful instrument of global governance. The article suggests that the G20 is no longer aligned with the balance of power or the political context it was originally designed to serve.
As the world moves toward a new configuration of power, the G20’s potential to remain relevant is uncertain. The summit will mark the end of an era for the forum, paving the way for alternative structures that better reflect the evolving geopolitical landscape.