Walking with Giants
In the aftermath of the G-20 Pittsburgh Summit last year, European and American officials invited policymakers from the emerging giants like China, India, and Brazil to become more involved in designing a new global economic framework – implicitly suggesting that this has not been the case so far. Yet the evidence indicates that the emerging giants have been very active indeed.
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PARIS –In the aftermath of the G20 Pittsburgh Summit last year, European and American officials insisted that G20 membership was imposing “new responsibilities.” They invited policymakers from the emerging giants to become more involved in designing a new global economic framework – implicitly suggesting that this has not been the case so far.