, Number 11

Anthony Payne

The G8 has rather crept up on our consciousness as an agency of global governance. It was brought into being in 1975 in order to give western leadership to the global political economy at a time of uncertainty and drew Russia into its activities in order to demonstrate and symbolize the triumph of western capitalist liberal democracy over its rival Soviet system. In that sense the G8 constitutes the club of the winners of late twentieth century history. But it has long been beset by problems of legitimacy and efficiency.

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