Tuesday, 3 May 2011

G20 or G25?


MY SUMMARY
There is a problem with G20. Today world economy is no more handled by a few countries with economic power.  Not only the voice of developed countries but also that of developing countries are needed in order to deal with crisis. Therefore, the scale of international economic conferences seems to enlarge more and more.  This means that G7 or G8 is not enough anymore, and it became indeed G20 or a “G20 plus 5.”

However, the system of G20 is not considered as perfect. It has a problem with equality. G20 is consisted of not only member countries but also regional organizations such as the African Union, the Association of South East Asian Nation(ASEAN), and the European Union as ad hoc invitations. So when we compare a member country which also haves membership in regional organization and one which does not belong to any regional union, the opportunity or participation is not fair.

How was my summary? 
Please compare with the editorial and tell me your opinion:) 

2 comments:

  1. This is good, Tamami, and certainly well-written. I think, though, that you need to make it clear that the opinion expressed comes from Prof Robert H. Wade and Dr Jakob Vestergaard and that it appeared in a letter to the FT as a response to another reader's letter. I think that a key issue is that Professor Wade and Dr Vestergaard disagree with the idea that non-G20 members are satisfied with being outside the powerful group.

    Interesting though, and it's good to see that you tried to summarise something relatively difficult.

    ReplyDelete
  2. Thank you for your advice.
    I should have said that this editorial was discussed Prof Robert H. Wade and Dr Jakob Vestergaard.
    Next time, I will find a key issue at first.

    ReplyDelete