A former colleague had a rule: no stories about how the G7 was a do-nothing organization. If the bosses found out, they might stop sending us to cover the meetings. Think of the air-mile points and the fancy dinners expensed to the company! We always found something to say.
The G20 has been going the way of the G7 for a few years now. It has been mostly incapable of re-energizing the global economy and completely incapable of securing IMF reform. The G20 positions itself as a champion of the WTO, yet the trade agendas of most of its members are focused on regional arrangements.
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