With Europe at a Crossroads, G-8 Returns to Spotlight

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Advocates of the G-8, what few are left of them, might be forgiven for having a case of the “told ya so’s” this year. The importance many observers have attached to tomorrow’s gathering of G-8 leaders at Camp David in Maryland seems to vindicate those who defended the summit format against charges of irrelevance over the past few years. Certainly, the G-8 is no longer the control room of the global economy that it once was. The shift of the global economy’s dynamic center of gravity to Asia, unlocked by globalization and accentuated by the global financial crisis, has made […]

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