2011 Articles

Where the G-20 Stands

Stiglitz, Joseph E.

The G-20 supplanted the G-8 as the executive committee of globalization as the emerging and advanced economies came together in the wake of the Wall Street crash to stave off depression. Now, each country is going its own way. In this section we examine whether the G-20 can be saved, and what the countries within it must do to bring the global economy into balance.