What happened to the G20's new world order
What happened to the G20's new world order?
THE G20 SUMMIT IN 2009
At the G20 summit in London in 2009, then-British Prime Minister Gordon Brown spoke of a "new world order" where rich and developing nations would work together to address the inequalities of globalization.
THE CURRENT STATE
Fourteen years later, the upcoming G20 summit in India reflects a splintering of hopes for a global order based on a Western rules-based system.
The world is now divided into democratic and autocratic camps, with internal populism and protectionism eroding pushes for free trade.
CHALLENGES TO REFORM
Efforts to reform carbon economies are facing resistance as the economic price and political complications of fighting climate change become apparent.
RUSSIA AND CHINA'S INFLUENCE
G20 member Russia is a pariah due to the war in Ukraine, and President Vladimir Putin cannot risk travel for fear of arrest.
China's leader, Xi Jinping, is unlikely to attend the summit, potentially due to simmering border tensions with India or internal economic concerns.
THE RISE OF BRICS
China's absence from the G20 takes on a new perspective considering its efforts to create its own competing world order through the BRICS group.
This group, including Brazil, Russia, India, China, and South Africa, welcomed new members and is seen as a challenge to the US-led order.
US-CHINA RELATIONS
US President Joe Biden expressed disappointment at not meeting Xi Jinping, as the US seeks to improve relations.
Biden may have an opportunity to meet Xi at a later summit, but it remains uncertain if Beijing is as eager to ease tensions as Washington.
INDIA'S ROLE
India, a rising power and member of both the BRICS and G20, has disappointed the West by not strongly condemning Russia's invasion of Ukraine.
India's non-aligned status is evolving, as it tries to balance its relationships with both the US and China.
CONCLUSION
The G20 summit faces the risk of heightening antagonism between Western and developing nations, playing into the hands of Putin and Xi.
The absence of Xi could provide an opening for Biden to strengthen his relationship with Indian Prime Minister Narendra Modi.
The future of the G20's new world order remains uncertain.
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