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G8 Summit and the International Economic Crisis: Shocks, Summits, Solutions
DeAnne Julius, June 2008
The World Today, Volume 64, Number 6
The global economy is teetering, just as the G8 leaders meet next month in Japan. In the west, the decade-long boom in readilyavailable money to borrow has turned into a credit bust, with an unexpectedly sharp vengeance. In poorer countries, rising food and fuel prices have produced riots and undone most of the benefits of increased aid to Africa. Even in China, concerns about inflation are rivalling those over Olympic protests. Will the G8 summit rise to the economic challenge?
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