<P> A 2011 report released by the Asian Development Bank ( ADB ) predicted that large Asian economies such as China and India would play a more important role in global economic governance in the future . The report claimed that the rise of emerging market economies heralded a new world order , in which the G20 would become the global economic steering committee . The ADB furthermore noted that Asian countries had led the global recovery following the late - 2000s recession . It predicted that the region would have a greater presence on the global stage , shaping the G20 's agenda for balanced and sustainable growth through strengthening intraregional trade and stimulating domestic demand . </P>
<P> A 2011 report released by the Asian Development Bank ( ADB ) predicted that large Asian economies such as China and India would play a more important role in global economic governance in the future . The report claimed that the rise of emerging market economies heralded a new world order , in which the G20 would become the global economic steering committee . The ADB furthermore noted that Asian countries had led the global recovery following the late - 2000s recession . It predicted that the region would have a greater presence on the global stage , shaping the G20 's agenda for balanced and sustainable growth through strengthening intraregional trade and stimulating domestic demand . </P>
what is the role of india in g20
what is the role of india in g20
global economic governance
global economic governance