The question is whether China, in its first attempt at driving this kind of agenda, can successfully manage the diverse set of views.
Shanghai will welcome finance ministers and central bank governors for the first major meeting of China's G20 presidency at the end of this week. It should be an instructive meeting for a variety of reasons.
As I point out in the latest G20 Monitor, the global economy continues to face significant short and long-term challenges. This year is likely to be characterized by disappointing growth and persistently high unemployment. The IMF predicts that the global economy will grow at 3.4 percent in 2016, while the OECD just downgraded its 2016 growth forecast from 3.3 percent to 3 percent.