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The G-20 is well-suited to help restore global economic growth, but the group needs stronger legitimacy. That's the case laid out by James K. Glassman and Alex Brill last week in the Wall Street Journal. Glassman is the founding executive director of the Bush Institute, and Brill is a research fellow at the American Enterprise Institute. To provide legitimacy, the focus should be on creating new admission standards. Glassman and Brill argue that the criteria should focus on three main factors: a country's global economic size and importance, its adherence to free-market principles, and the global interconnectedness of its financial system. By these measures, Argentina, Indonesia, Mexico, and Russia would lose their membership, while Switzerland, Singapore, Norway, and Malaysia would become new members. You can read the entire Op-Ed here.
Matthew Denhart is an expert on immigration policy and is the author of the Bush Institute’s America's Advantage: A Handbook of Vital Immigration and Economic Growth Statistics, now in its third edition. He currently serves as executive director of the Calvin Coolidge Presidential Foundation and is a founder of the Coolidge Scholars Program which provides full-ride merit scholarships to America's most promising college students. A summa cum laude graduate of Ohio University, Denhart has written and spoken widely on a variety of policy topics including the economics of higher education, labor, and taxes. He has contributed articles to numerous national publications including The Wall Street Journal, Forbes.com, CNN Opinion, and Bloomberg View.Full Bio