Author: Peter Drysdale

Many of our international readers are perhaps justifiably baffled by the overthrow last week of former Australian Prime Minister, Kevin Rudd, by Australia’s new Prime Minister, Julia Gillard.

Rudd stood tall on the international stage. He led a government, alone among all the OECD countries, that steered Australia successfully through the Global Financial Crisis, without recession. He was among the most effective of the protagonists that influenced the launching of the G20, meeting this weekend in Toronto, a new group that has promise of providing a greater measure of international and political security because it is more representative of global power than its predecessor, the G8, and is more adept at dealing with the problems in global economic governance. Read more…