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One tiny bit of good news from G20 summit: Africa was represented!

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HamdenRice Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-27-09 09:38 AM
Original message
One tiny bit of good news from G20 summit: Africa was represented!
I realize that the G20 is reflexively hated by some, but it is the G20 (Group of 20 government ministers of finance and central banking), not the C (corporate) 20.

Sometimes those 20 governments reflexively represent corporate interests. Sometimes, the politics of the 20 countries represented shifts, leading to an opening for reform.

One of the ideas to come out of the current G20, is the idea of shifting policy making away from the G8 toward the more inclusive G20. If this continues, then South America, Africa and other developing regions will have a stronger voice in international economic governance.

For example, the G20 includes South Africa, Africa's largest economy. But South Africa is also a member of the Southern African Development Community a sort of common market in the region, so South Africa will represent the interests of Angola, Botswana, Lesotho, Malawi, Mozambique, Swaziland, Tanzania, Zambia, Zimbabwe, Namibia, Mauritius, Democratic Republic of the Congo and Seychelles.

South Africa sits on the G20 working group charged with reforming the IMF.

So what seems to be emerging is a new economic order in which all regions are represented, with the biggest economies of certain regions representing not just their own countries but their regions.

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Kievan Rus Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-27-09 09:39 AM
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1. Fuck the G-20. I live in Pittsburgh and I'm glad those pricks are gone
Go back to Wall Street you assholes.
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HamdenRice Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-27-09 09:40 AM
Response to Reply #1
2. I didn't know Pretoria was on Wall Street.
:shrug:
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HamdenRice Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-27-09 11:41 AM
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3. kick for anyone interested in Africa nt
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anonymous171 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-27-09 12:05 PM
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4. lol These people are not nationalists. They care nothing for the people of their countries
The only people they care about are Corporate "persons"
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HamdenRice Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-27-09 01:35 PM
Response to Reply #4
5. The African National Congress of South Africa -- Mandela's party -- are not nationalists?
Edited on Sun Sep-27-09 01:40 PM by HamdenRice
Thanks for your well thought out, informative contribution to this thread. It is so interesting to learn, after 30 years of following SA's evolution that the ANC cares nothing for its people and only for corporations.

:sarcasm:

Also, whatever else can be said of SA's current president, Jacob Zuma, he has been a member of the South African Communist Party since 1963. Does that mean he's destined to sell out the African working class? I mean, I'm sure he'd confess he's not politically correct enough to be part of the socialist workers' party of the usa.

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