Summit meetings have a strong econ
G8 Summit and the International Economic Crisis: Shocks, Summits, Solutions
The global economy is teetering, just as the G8 leaders meet next month in Japan. In the west, the decade-long boom in readily- available 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?