The Reflection of African Concerns in the G-20 Financial Regulation and Financial Development Agenda

This research paper evaluates the G-20's financial regulation and development agenda between 2011 and 2012, finding that while general G-20 documents rarely mention Africa explicitly, they address broader developing country needs. Key areas of relevance include financial inclusion, agricultural finance, and local currency bond markets. The author argues that while the G-20 recognizes the need to adapt international standards to developing contexts, greater active participation and regional coordination by African states are necessary to ensure their specific needs are met.

• G-20 general documents from 2011 and 2012 contain very few explicit references to Africa, though they show a broader concern for emerging market and developing economies (EMDEs). The documents focus on adapting global financial standards to the specific circumstances of developing countries rather than increasing their inclusion in decision-making processes.
• The G-20 has initiated several financial development programs relevant to Africa, including efforts to improve financial inclusion, SME and agricultural finance, and the development of local currency bond markets (LCBMs). Specifically, the G-20 has supported the International Finance Corporation's (IFC) Agriculture Price Risk Management (APRM) product for lower income countries in North and Sub-Saharan Africa.

APA

Wolff, P. (2014). The Reflection of African Concerns in the G-20 Financial Regulation and Financial Development Agenda. South African Institute of International Affairs. https://saiia.org.za/wp-content/uploads/2014/02/Occasional-Paper-176.pdf

Chicago

Wolff, Peter. The Reflection of African Concerns in the G-20 Financial Regulation and Financial Development Agenda. South African Institute of International Affairs, 2014. https://saiia.org.za/wp-content/uploads/2014/02/Occasional-Paper-176.pdf.

Wikipedia

{{cite report |last1=Wolff |first1=Peter |title=The Reflection of African Concerns in the G-20 Financial Regulation and Financial Development Agenda |publisher=South African Institute of International Affairs |date=February 2014 |url=https://saiia.org.za/wp-content/uploads/2014/02/Occasional-Paper-176.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{wolff2014reflection, author = {Wolff, Peter}, title = {{The Reflection of African Concerns in the G-20 Financial Regulation and Financial Development Agenda}}, institution = {South African Institute of International Affairs}, year = {2014}, month = feb, url = {https://saiia.org.za/wp-content/uploads/2014/02/Occasional-Paper-176.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }