The current media discourse around the G20 summit can broadly be divided into two camps: There are those who are critical of the agenda because it neglects issues such as climate change and international development; and there are those who doubt whether any substantive agreement can be reached amongst such a diverse set of nations with diverse interests. A worrying trend lamented by both camps is the 47 major measures to restrict trade which have been implemented by several countries since the last G20 leaders’ summit in Washington.
What is missing from the discourse and what underpins all of these concerns is the endogenous nature of the global financial crisis.
