The outcome of last week’s L’Aquila meeting confirms a common (and worrying) aspect of G8 summits: an abundance of promises and commitments, without sufficient details and clear mechanisms that would ensure effective implementation. Perhaps it is finally time to relegate the G8 to the history books and leave it to the G20, or another more inclusive forum for dialogue and coordination, to take the reins of global economic policy.
Though our work and research on matters of global economic governance continues, our posting here does not. For up-to-date information on the latest GEG news and research, please check the main GEG website and Facebook page.
July 17, 2009 / aid
Can 192 countries agree on a global deal to confront climate change when 17 economies cannot? For those watching the proceedings at the G8 summit in L’Aquila last week, this must be a nagging question in the lead up to the much-anticipated meeting on climate change in Copenhagen in December. The signs are mixed but [...]