Is there any point to the continued existence of G8? As this week's summit looks increasingly irrelevant, should we care if the power shifts away to the G20?
President Lula of Brazil has declared that G8 "doesn't have any reason to exist". Next year's hosts, Canada, are being urged by their own commentariat to turn their G8 into a G20. Meanwhile this year's hosts, Italy, are trying to bring more countries into the G8 tent, to reduce the glaring gap between the two. In doing so, they are basically accepting the logic that it's the wrong group of countries to have in the room to address the problems of the world.… Seguir leyendo »