Meeting of the G7, Birmingham, May 1998
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The history of the G7/G8 group of
nations
- Proposals For New Financial Architecture
Disappoint
- By Dipankar De Sarkar, IPS, 15 May 1998. The 'Group
of Seven' leading industrial powers Friday recommended
a series of steps to strengthen the global financial
system - but a leading Third World critic dismissed them
as
hypocritical. Hopes for a sound global financial
system based on IFIs, the International Monetary Fund
(IMF) and World Bank, despite intense recent criticism of
the IMF's role in Asia's economic and social
turmoil.
- G8 scorned by euro press
- BBC, Monday 18 May 1998. LondonThe outcome of the
G8 summit in Birmingham has been greeted with criticism
and a degree of scorn in many of the industrialised
countries' newspapers. Condemned are the failure of
the world's top leaders to do more to relieve Third
World debt or come up with a concerted response to
India's nuclear tests or the crisis in Indonesia,
- Response by the Presidency on Behalf of the
G8 To the Jubilee 2000 Petition
- 19 May 1998. This posting contains the statement by the
Group of Eight (G-8) countries meeting in Birmingham,
United Kingdom, in response to the international Jubilee
2000 demand for cancellation of unpayable debt by poor
countries, particularly in Africa.