Global interconnectedness and economic integration can be seen to increase at a rapid speed and has started to become extremely complicated. The new international order can also be categorized by shifting the central point of the international economy turning out to be an emerging economy. As emerging economies have been rising as significant place, there has been a reinforcement of appropriate level of international interconnectedness. While China is the leader in this context, other emerging economies have been increasing their presence across the global economic affair, in reflection by the rising prominence of bodies like BRICS nations, and since recently, the G20. The mechanisms of IGO result in the enhancement of cooperation in the following ways. There seem to be layers of specific and generic cooperation instruments, typically by the agreements of trade or partnerships of umbrella regulation, perhaps by certain lawful instruments, whether it be treaties or the other. In addition, majority of the experiences related to cooperation are inclusive of both, informal and formal attributes.
This research focused on understanding the effectiveness of IGOs in general, while further specifying the research to a case study that is of G20 mechanisms. The research question set for this report is: “How G20 helps in providing an effective process to maintain a cooperative link between emerging nations and developing nations?” As mentioned, for conducting this research, the methodology of case study has been used based on which key findings have been interpreted and analysed, moving ahead to draft key conclusion.