Thursday’s meeting of the Group of 20 in London is supposed to be an opportunity for world leaders to agree on common solutions to the global financial crisis and come up with ways to prevent another one from happening in the future. Yet as the summit approaches, observers seem to be more focused on the past — specifically, on two previous international attempts to reorder troubled markets, one a model of success and the other of failure.
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An LA Times Editorial: Group of 20 questions
Thursday’s meeting of the Group of 20 in London is supposed to be an opportunity for world leaders to agree on common solutions to the global financial crisis and come up with ways to prevent another one from happening in the future. Yet as the summit approaches, observers seem to be more focused on the past — specifically, on two previous international attempts to reorder troubled markets, one a model of success and the other of failure.
Read it all.