Showing posts with label Free Trade. Show all posts
Showing posts with label Free Trade. Show all posts

Monday, June 17, 2013

Does the G8 Still Matter?

The G8 summit, taking place this week in Northern Ireland, represents a yearly gathering of 8 of the world’s 11 most wealthy countries. Every year, world leaders from the Group of 8 meet to discuss primarily the global economy, but also pressing topics such as terrorism, world food supply, and this year, the Syrian conflict. Representing 50.1 percent of the world’s total GDP, there is no question that these eight countries hold more sway than most. Yet in the face of deep divisions between members such as Russia and the US, as well as the absence of China, India, and Brazil, does the G8 truly still have relevance in today’s world?