Guest Author: Lex Rieffel

Five Asian countries will participate in the G20 London Summit: China, India, Indonesia, Japan, and South Korea. The United States will undoubtedly be the most important player in the meeting, but there is a strong case to be made for Asia being the second most important. A deal for the IMF is likely to be extremely difficult. But a deal without the full support of Japan, China, and India will probably not provide the fillip to confidence that the London Summit must deliver to put the world firmly on the road to recovery.

In this article, I look at Asia’s perspective on the summit meeting and the global financial crisis, noting the core issues surrounding agreement on increasing resources for the IMF.

This article is part of the Brookings Institution’s series on the G20, entitled ‘The G-20 London Summit 2009: Recommendations for Global Policy Coordination‘, and may be found here.

Related articles:

1. Getting East Asia’s act together on the G20 Summit
2. Dragon conquers G20 summit
3. G20: Time to institutionalise it and focus on main issues
4. Korea and the G20 summit next November

1. Brazil, Russia, India, and China (the BRICs) throw down the gauntlet on monetary system reform
2. Aso and Chinese history textbooks?
3. The Prime Ministers Fukuda and Sino-Japan relations

This entry was posted on Thursday, April 2nd, 2009 at 3:00 pm and is filed under Institutions, Trade. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.