Tag Archives: G-20

The ascendence of China and multilateral trading blocks could eventually spell the doom of the G20 and U.S. global dominance, as Pepe Escobar explains. Consortium News On The Road to a Post-G20 World Pepe Escobar See also by Pepe Escobar at Consortium News Future of Western Democracy Being Played Out in Brazil (9 Oct 2018) Welcome to the Jungle (29 Oct 2018)See also Reminiscence of the FutureA Teaser Andrei Martyanov

Although the G20 still retains its potential to support the global economic stability, there is an impression that its mission is coming to an end. If this trend is not reversed, then, a summit or two from now, we might see the return of trade wars and competitive devaluations of national currencies. In that case, the current G20 format, built around the US leadership and hegemonic in nature, will not work at all. The nature of the G20 is that of an international forum, not an international...