As G8 leaders prepare to gather in Northern Ireland on 17 and 18 June, we are reminded of days when American, western European and Japanese officials could credibly claim to set an international agenda. Then came the financial-market meltdown of 2008, a catastrophe that made unavoidably obvious that most “problems without borders” can no longer be addressed without substantive support from China, India, Brazil, Saudi Arabia and other emerging powers. Members of the G20 gathered in Washington in November 2008 and London in April 2009 to claim their seats at the world’s most important bargaining table.
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