Comment: G20 very close to the abyss

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With difficulty, the Arm of the world especially the USA have agreed on a strongly diluted the summit document. Long is not good, writes Bernd Riegert in Buenos Aires.

Ten years after its founding, at the level of heads of state and government of the group of 20 as a Forum for solving global problems clearly on the descending Branch. Ten years ago, as a means of regulating the international running out of control financial markets in the midst of a striking crisis founded, has survived the G20 Format, apparently. Not because the idea was wrong, that global solutions to global problems are better, but because of the political will of many trade’s come to-lost. Foreclosure, nationalism, protectionism have also increased as responses to the financial crisis, on the supposed consequences of a self-indulgent empfunde globalisation in the world.

The leader of this movement is undoubtedly the haphazard to wood end, US President, Donald Trump, struktivist a self-confessed Decorating, so someone who wants to tear down the existing order, because he believes they don’t work for him. The new rules, which apply only to him. It is the fast, popular success at home counts, without regard to the other, and the Rest of the world. But Donald Trump, and this is the Fatal, is not alone.

It is not better

Europe correspondent Bernd Riegert, currently in Buenos Aires

The Russian President, the Saudi crown Prince, the Turkish autocrat and the President of China at the table of the G20 don’t give much on law and justice. To this club of the “My country first” movement are always adding more representatives. In Mexico, a Populist, started just his office. In Brazil, a self-confessed law in January, radical in the presidential Palace. These are not good prospects for the next G20 summit in Osaka, Japan.

It is getting lonely to the German Chancellor, the canadian Prime Minister, the French President and the representatives of the EU, which have kept the flag of the multilateral activism in Buenos Aires. Even within the EU is observed that populism and Eigenbrötlertum spread more and more. The most recent example of this is the populist government in Italy after the Brexit now.

One reads the drought Declaration of intent by the G20, which has been here adopted, then this Association by two-thirds of humanity will appear only as an empty shell. Although one confesses with sorrow and distress, even to a Reform of the trading system. Each other, however, parts of the group of 20 put on, in the meantime, with penalty duties to get a bigger piece of the world economic cake. Theory and practice diverge here.

The end is near?

Donald Trump is the G20, whose meeting he has only participated sporadically, probably soon. His obsessive security adviser, the Forum considers it to be unnecessary, although it is the only economic policy-relevant control body at the global level. The audience and the voters at home, if you have that, you have to take that into consideration, is only to convey, what the G20 should be good, if there is more and more rough single fighter sitting at the table.

Not even your very own task is to govern the taxation of digital companies in the world, has done much of the G20 today. The fair taxation was once again postponed, at the Insistence of the United States, on the day after the next summit, if the should take place. The G20 again at Ministerial level as before 2008, demote or terminate, would be a victory for the nationalists, the people should not indulge. So, perhaps, will again toured the United States, but the G20 could easily be the “dead man walking”, the death of a candidate on the road to political execution.