The G20 & the Triumph of Hope Over Experience

The Lowy Institute weighs up the prospects for the G20 Summit in St Petersburg:

Expectations of big outcomes on the economic agenda are low. Domenico Lombardi from the Center for International Governance Innovation said ‘The forthcoming G20 summit in Russia may, unlike previous summits, be an event with no immediate, significant deliverables’. It is a bleak assessment, particularly when it is so hard to point to many ‘immediate, significant deliverables’ from the last few summits…

Hopefully the situation will be different at the Brisbane G20 summit in 2014.

When it comes to Brisbane, I’m betting on experience rather than hope.

posted on 30 August 2013 by skirchner in Economics

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