Accessible Content in Politics

Caption

Figure 5.1 Linkages between the actors in the G7 Finance Minister's and Central Bank Governor's process and the Annual Summits.

Alt Text

Two main areas, the left is titled G7 Finance Minister's and the right is titled Annual Summits, both show the complex relationship of ministers and deputy ministers, with both sides connecting at the Finance Minster level and Finance Ministry Deputy (six to ten) and Deputy-Deputy (six to ten) on the left connecting to the Financial sous-sherpa usually deputy-deputy (two to three alone) on the right.

Long Description

On the left is the G7 Finance Minister's and Central Bank Governor's process. Starting at the top, the connections are Central Bank Governor connecting horizontally to the Finance Minister with a label 'times 4 ministerial meetings a year'. The Central Bank Governor connects vertically to the Central Bank Deputy. The Central Bank Deputy connects horizontally to the Finance Ministry Deputy who is labelled with (times six to ten). Finance Ministry Deputy connects vertically to the Deputy-Deputy who is labelled (times six to ten). On the right is the Annual Summits. Starting from the top the connections are Head of State or Government connects vertically to Foreign Minister, vertically to the Finance Minister, and vertically to Sherpa who is labelled (times two to three alone), (times two to three together). The Foreign Minister connects vertically to the Foreign sous-sherpa who is labelled (times two to three alone). The Foreign sous-sherpa connects horizontally to the Sherpa. The Sherpa connects horizontally to the Financial sous-sherpa usually deputy-deputy who is labelled (times two to three alone). The Financial sous-sherpa usually deputy-deputy connect vertically upwards to the Finance Minister. Between the two groups the G7 Finance Minister connects to the Summit Finance Minister, the G7 Finance Ministry Deputy and G7 Deputy-Deputy both connect to the Financial sous-sherpa usually deputy-deputy.

Source [Open Access]

Baker, A. (2005). The Group of Seven: Finance Ministries, Central Banks and Global Financial Governance (1st ed.). Routledge. https://doi.org/10.4324/9780203001493