The G20 fruit­less sum­mit

Tehran Times - - FRONT PAGE - Hanif Ghaf­fari Po­lit­i­cal an­a­lyst

The 2018 G20 sum­mit in Buenos Aires, was the thir­teenth meet­ing of Group of Twenty (G20), which was held on 30 Novem­ber and

1 De­cem­ber 2018 in the city of Buenos Aires, Ar­gentina. In­ci­dents such as An­gela Merkel’s air­plane tech­ni­cal fail­ure, Mo­hammed bin Sal­man wan­der­ing in Buenos Aires and his com­pul­sory stay at the Res­i­dence of the Saudi Em­bassy in Ar­gentina, Trump’s cold be­hav­ior with the Pres­i­dent of Ar­gentina, mis­tak­ing the Chi­nese Pres­i­dent with an­other by the Pres­i­dent of Ar­gentina and the mi­nor

3.5-mag­ni­tude earth­quake in Buenos Aires, tak­ing place less than one day be­fore the sum­mit, were among the side­lines of this sum­mit. How­ever, the main ques­tion about the “phi­los­o­phy of hold­ing the G20 Sum­mit” and the “out­come of this meet­ing” re­mains unan­swered!

The fact is that the G20 mem­bers have been meet­ing sev­eral times dur­ing the Obama pres­i­dency and af­ter the eco­nomic cri­sis in the West. Even at that time (dur­ing which there was no bar­rier called “Trump” at the White House), the top 20 world lead­ers could not come to a col­lec­tive and cred­i­ble so­lu­tion to solve the ex­ist­ing eco­nomic crises.

More than ten years have passed since the be­gin­ning of eco­nomic cri­sis in the United States and Europe, and Eu­ro­pean of­fi­cials con­tinue to call for the adop­tion of aus­ter­ity poli­cies as the only way to keep the sta­tus quo. This is in spite of the fact that many of the economists and politi­cians in the West are pes­simistic about the tran­si­tion from this eco­nomic cri­sis which is rul­ing over the in­ter­na­tional sys­tem.

At the mo­ment, in ad­di­tion to the un­der­ly­ing cri­sis af­fect­ing the

G20, we are wit­ness­ing an­other cri­sis called “the pres­ence of Trump in the White House”! The U.S. Pres­i­dent ex­plic­itly re­jects the mul­ti­lat­er­al­ism con­sid­ered by the G20 mem­ber states, and vi­o­lates in­ter­na­tional trade law by uni­lat­er­al­ism. Cur­rently, the main con­cern of G20 mem­bers is how to con­front with Trump’s pro­tec­tion­ist poli­cies and or­ders.

In the mean­time, there is es­sen­tially no op­por­tu­nity for con­ver­gence among G20 mem­bers to face the cur­rent eco­nomic cri­sis in the in­ter­na­tional sys­tem. Numer­ous prob­lems and dam­ages had hardly hit the G20 mem­ber states’ in­fra­struc­ture as well as their su­per­struc­ture, and it should be ac­knowl­edged that the top 20 eco­nomic pow­ers in the world have not yet de­cided how to deal with these two types of prob­lems.

Fi­nally, it should be con­cluded that the re­cent

G20 sum­mit has be­come a sym­bol of the lack of co­op­er­a­tion be­tween the par­tic­i­pat­ing mem­bers in the in­ter­na­tional sys­tem, rather than a sym­bol of con­ver­gence of the world’s most pow­er­ful eco­nomic play­ers.

The next point to be noted here is that the se­cret se­cu­rity and po­lit­i­cal equa­tions among some of the

G20 play­ers (in­clud­ing the mem­ber­ship of some of these coun­tries in NATO) has se­verely shad­owed their eco­nomic re­la­tions. This has led many of the

G20 mem­ber states’ de­ci­sions to be in­flu­enced by other fac­tors and re­la­tions.

At any rate, it was quite clear that this costly sum­mit was of no sig­nif­i­cant role in solv­ing the eco­nomic cri­sis of the world to­day, and ex­cept for some news sto­ries which we heard about the G20 sum­mit in Buenos Aires, there was no re­mark­able out­come. With­out a doubt, un­less the ten­sions be­tween the Group 20 mem­ber states are re­solved, this fail­ure will re­main strong, even if Trump leaves the White House for­ever!

Newspapers in English

Newspapers from Iran

© PressReader. All rights reserved.