What Future for Global Leadership?
With global leadership now in question, the G20’s upcoming summit in Hamburg on July 7-8 could be the group’s tensest meeting ever. China and Germany increasingly regard themselves as the new defenders of the international order, but neither can fill America's shoes.
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PRINCETON – With global leadership now in question, the G20’s upcoming summit in Hamburg on July 7-8 could be the group’s tensest meeting ever. The summit process long pre-dates the G20’s founding in 1999. It was originally designed, in the 1970s, to align major economies’ domestic policies, thereby reducing uncertainty. But domestic politics have now created a new type of uncertainty.