World Experts Comment on the Expectations of Mexico as the Host of the Next G-20 Summit in 2012
In June 2012, world leaders will convene in Los Cabos, Mexico to discuss measures to promote the financial stability of the world and how to achieve sustainable economic growth and development at the G-20 Summit. This meeting marks the first time in history that a Latin American country is hosting the summit, an event that brings together top Finance Ministers and Central Bank Governors every year.
The Centre for International Governance Innovation (CIGI) gathered the opinions of world experts who commented on Mexico as an emerging power and the expectations of Mexico as the summit leader including: former Prime Minister of Canada Paul Martin, chief economist of the ADB Changyong Rhee, Chair of FTI Consulting Lord Malloch-Brown, and director of economic studies at Institut Francais des Relations Internationales Jacques Mistral.
CIGI chair, Jennifer Clapp, noted issues that Mexico could bring to light at the G-20 Summit, “As an emerging power and a country that’s largely agricultural, it’s probably got more credibility to deal with these issues, and the other members might be willing to go along with perhaps more bold activities to address questions like food price volatility, agricultural production, etc.”