G-7

Members of OXFAM dress as G7 leaders ahead of the summit at Quebec in June 2018. Photo by Lars Hagberg/AFP/Getty Images

Though US President Donald Trump’s appearance at the Group of Seven (G7) summit in Quebec last week was not particularly well received, I find myself sympathizing with his skepticism toward the group. I have long doubted that the annual meeting of leaders from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States serves any useful purpose.

Back in 2001, when I coined the BRIC acronym, I predicted that the growing economic importance of Brazil, Russia, India, and China would eventually require a significant change to global economic governance. At a minimum, I observed, global-governance bodies should include China, if not all of the BRICs.…  Seguir leyendo »

El 26 y 27 de mayo los Jefes de Estado del Grupo de los Siete principales países industriales se reunirán en Japón para conversar sobre problemas económicos y de seguridad comunes. Un importante problema común que merece su atención es el aumento insostenible de la deuda nacional de los principales países desarrollados. No abordar la explosión del endeudamiento gubernamental tendrá efectos adversos que afecten a la economía mundial y a los propios países agobiados por la deuda.

El problema es grave y cada vez empeora más, casi en todas partes. En Estados Unidos, la Oficina de Presupuesto del Congreso de la Nación estima que la deuda del gobierno federal se duplicó durante la última década, ya que aumentó desde el 36% del PIB al 74% del PIB.…  Seguir leyendo »

The city of Hiroshima sits in a beautiful location, surrounded by sea and mountains. It has a rich culture and history, and has been a symbol of peace and hope since its recovery from the atomic bombing in 1945. It is also my hometown, and so the issue of nuclear disarmament and nonproliferation has always had a special resonance for myself and others living here.

Indeed, just two weeks ago, I listened to young people gathered in the city to talk about how they might help make progress in achieving their wish for a world without nuclear weapons. «I would like to take over the baton of peace from atomic bomb survivors,» one young person told me.…  Seguir leyendo »

La cumbre del G-7 más reciente se desarrollado teniendo como marco el panorama alpino de Garmisch-Partenkirchen en Alemania. El G-8 ya no existe debido a la suspensión de Rusia. El foro está compuesto nuevamente  de las potencias occidentales tradicionales. En tiempos de auge de potencias económicas principales, grandes y densamente pobladas, como Brasil, China, la India e Indonesia, que desafían el dominio occidental, muchos creen que el sistema internacional existente necesita un replantearse.

De hecho, es probable el surgimiento de un nuevo orden mundial –y muy pronto. Y estará definido por dos fenómenos clave: la globalización y la digitalización.

La globalización está permitiendo a economías que no están plenamente industrializadas aprovechar los beneficios de la industrialización e integrarse a los mercados globales –tendencia que ha redefinido la división internacional del trabajo y transformado las cadenas de valor.…  Seguir leyendo »

La reunión del G-7 de esta semana en Schloss Elmau en los Alpes Bávaros marcó un avance importante en la política para el cambio climático. Las siete economías de mayores ingresos (Estados Unidos, Japón, Alemania, el Reino Unido, Francia, Italia y Canadá) tomaron la decisión revolucionaria de descarbonizar sus economías durante este siglo.

Por primera vez en la historia, las principales economías ricas han llegado a un acuerdo sobre la necesidad de poner fin a su dependencia de los combustibles fósiles. La canciller alemana, Angela Merkel, el presidente estadounidense, Barack Obama, y los otros líderes del G-7 estuvieron a la altura de las circunstancias y merecen una fuerte aprobación global.…  Seguir leyendo »

This year offers a once-in-a-generation opportunity to put our world on more peaceful, sustainable and equitable footing. When they meet at the Schloss Elmau Summit in Germany on June 7-8, G7 leaders can show they are serious about seizing the moment and protecting people and the planet.

As the international community prepares to adopt a new sustainable development agenda at a Summit in September in New York, and a new climate change agreement in December in Paris, the G7 countries have a special responsibility to lead. As the heads of state and government of the largest economies, G7 leaders can make a decisive difference in taking the difficult yet sensible steps that will achieve our goal of prosperity and dignity for all.…  Seguir leyendo »

When President Obama and his fellow Group of Seven leaders meet in Germany beginning today, Ebola will be on the agenda. The leaders will talk about the need to wipe out the relatively small number of remaining cases in West Africa, as well as the need for aid to rebuild the ravaged nations of the region. Both steps are critical.

But neither will address what should be our No. 1 lesson from the Ebola crisis: the need for substantial measures to keep us safe from the pandemic on the horizon, a catastrophic event that is inevitable if we don’t move quickly to prevent it.…  Seguir leyendo »

The slowing of economies around the world — in both developed and emerging nations — is a reminder that we cannot sit back and wait for growth to happen. Instead, leaders must continuously push for reform and innovation, while also being mindful of the global impact that their policies are having.

But with so many challenges facing the international community, what should our priorities be? And how can we work together to turn these priorities into reality? Those are the big questions facing international leaders as they gather for this year’s G7 summit, being held in Germany starting on Sunday.

However, although the discussions at the summit will be wide-ranging, there are three key issues that I will be emphasizing at the G7, issues where I believe Japan can play a central role.…  Seguir leyendo »

After a weekend of frantic meetings in Washington to deal with the financial tsunami, the result was perfectly summed up by yesterday’s Washington Post: «World leaders offer unity but no steps to ease crisis».

The hope was that the exclusive club of finance ministers and central bankers would meet and provide concrete plans to tackle the crisis. What they delivered instead was more of the same: ringing declarations that governments would «take decisive action» and «all necessary steps», as the G7 communique put it. What that decisive action would be, and exactly what steps would be necessary and to what effect, remains a mystery.…  Seguir leyendo »

Por Carlos Taibo, profesor de Ciencia Política en la Universidad Autónoma de Madrid y colaborador de Bakeaz (EL CORREO DIGITAL, 03/10/06):

Nada descubro cuando afirmo que con el paso del tiempo los conflictos bélicos han experimentado un progresivo encanallamiento. Acaso no hay mejor termómetro de lo anterior que un dato bien conocido: a medida que los decenios han ido cayendo, el porcentaje de víctimas civiles generadas por las guerras no ha dejado de crecer. Siempre que invoco esta circunstancia me viene a la memoria una broma, mitad tétrica, mitad lúcida, que gustaba de proponer Coluche. El fallecido humorista francés hacía un recorrido por los principales conflictos armados del siglo XX, daba cuenta de cómo el porcentaje de fallecidos civiles iba en ascenso y acababa formulando una conclusión difícil de rebatir: lo único que está claro -decía- es que en la próxima guerra habrá que ser militar.…  Seguir leyendo »

By Andrei Illarionov, a former senior economic adviser to Russian President Vladimir Putin (THE WASHINGTON POST, 18/04/06):

Does Russia really belong in the Group of Eight — the assembly of the world’s leading industrialized democracies? As things stand today, it meets only one criterion for membership: the size of its economy. So far as political rights are concerned, Russia ranks 168th out of 192 countries, according to Freedom House. In terms of corruption, the organization Transparency International ranks Russia 126th out of 159 countries. The World Economic Forum calculates that when it comes to favoritism in governmental decisions, Russia rates 85th of 108 countries, in protection of property rights 88th of 108 and in independence of the judicial system 84th out of 102.…  Seguir leyendo »