John Kirton, Joseph Daniels and Andreas Freytag present a collection of papers which examine both the professional economic merits, and the underlying politics, of the hotly contested competing initiatives for strengthening the international financial system. Containing a treatment of China's relationship with the G7/G8 and comprehensive analysis of the new G20 forum, this volume in the "G8 and Global Governance" series also looks at the possibilities for the G8 system. It places the work of the G7 within a broader context of global governance, and the new challenges facing the international community in the new century.

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