Resources
Download this reportG8 Summit
Inside this issue
• Many important questions will be aired at the G8 meeting in Italy - but answers might be rather thin on the ground
• The task of the G8 is to initiate a shift from old economic habits - -
Content
Pomp and circumlocution
Last time Silvio Berlusconi, Italy’s colourful and impetuous prime minister, chaired the annual summit of the Group of Eight leading industrial nations, the venue in Genoa was the scene of massive anti-globalisation demonstrations and violent clashes with police.
Hopes rise for vital reform talks
The early signs of economic recovery that governments claim to have spotted this spring have yet to brighten the almost universally dismal picture of world trade.
Grandiose pledges lost in recrimination
The prognosis for sub-Saharan Africa this year is bleak. Foreign investment, which at $53bn overtook foreign aid to the continent in 2007, has slumped in 2009.
Leaders should debate new growth model
As far as weak statements go, “the world economy appears to be past the worst” is pretty feeble. But at an extremely uncertain time, it sums up the consensus on the outlook for the global economy.
Global trade flows struggle to escape the credit squeeze
Looking back, there was a supreme irony in Guy Moar’s promotion in May 2006.
