The Growing Domestic Constraint

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The challenge to G8 leadership today – apparent here in Deauville at the G8 leaders summit – is not only the rise of the large emerging market economies – India, Brazil, China, etc., – but the growing constraint of domestic publics – on the leaders who are here in this Normandy summit location.  As Philip Stephens of the FT suggests in his column:

The demand for a strategic perspective is colliding ever more frequently with the day-to-day pressures of domestic politics. … The challenge is to square the enlightened internationalism that slips easily into a communique with a mood among electorates that has been turning against the notion of global interdependence.

The limits of collaboration are evident at this G8 summit meeting – most notably in providing economic support for the emerging democracies in the Middle East and North Africa (MENA).  The G8 will in their declaration announce the Deauville Partnership.  This partnership is built on two pillars – a political process that will support the democratic transition and foster government reforms; and an economic framework to encourage sustainable and inclusive growth including the creation of jobs especially for the young.

But the real question is the offer of economic and development support including from the multilateral development banks, the IFIs and bilateral support.  And it is in the bilateral support you can see the growing domestic constraints.  The US to this point has offered $1 billion in debt relief and a guarantee of another $1 billion in loans for Egypt.  The EU Commission has announced an extra $1.75 billion – from its neighborhood policy.  The UK is offering $180 million over four years including around $15 million a year to to promote democracy.  It is still  unclear what other G8 countries will offer new monies for Egypt and Tunisia and also others.

These numbers, if correct tell their own story. These are not fulsome amounts. And while the G8 leaders went out of their way to argue the summit was not a pledging session these numbers are paltry.  There is no appetite among the leaders of the G8 to be seen to advancing large sums of money for the Arab Spring while debt, budget cuts and unemployment dominate the domestic agenda.

 

 

This entry was posted in Global Governance for G20/G8 by Alan Alexandroff. Bookmark the permalink.

About Alan Alexandroff

Alan is the Director of the Global Summitry Project and teaches at the Munk School of Global Affairs & Public Policy at the University of Toronto. Alan focuses much of his attention on difficult global order issues including the appearance and consequences of the multilateral environment and the many global summits, especially the Informals such as the G7 and G20.

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