To our good friend, the late Michael Hodges
The G8 and Global Governance Series
The G8 and Global Governance Series explores the issues, the institutions and the strategies of participants in the G8 network of global governance, as they address the challenges of shaping global order in the new millennium. Intensifying globalization is moving many once domestic issues into the international arena, requiring constant international co-operation, and demanding new collective leadership to direct the galaxy of multilateral institutions created in 1945. In response, the Group of Eight, composed of the worlds major market democracies, including Russia and the European Union, is emerging as the effective source of global governance in the new era. This series focuses on the new issues at the centre of global governance, from finance, investment, and trade, through transnational threats to human security, to traditional political and security challenges. It examines the often invisible network of G8 and G7 institutions as they operate within and outside established international organizations to generate desired outcomes. It analyzes how individual G7 members and other international actors, including multinational firms and those from civil society, devise and implement strategies to secure their preferred global order.
Also in the series
The G7/G8 System
Evolution, role and documentation
Peter I. Hajnal
ISBN 1 84014 776 8
First published 1999 by Ashgate Publishing
Reissued 2018 by Routledge
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Routledge is an imprint of the Taylor & Francis Group, an informa business
Copyright Michael R. Hodges, John J. Kirton and Joseph R Daniels 1999
All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.
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The publisher has gone to great lengths to ensure the quality of this reprint but points out that some imperfections in the original copies may be apparent.
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The publisher has made every effort to trace copyright holders and welcomes correspondence from those they have been unable to contact.
A Library of Congress record exists under LC control number: 99012584
ISBN 13: 978-1-138-35058-8 (hbk)
ISBN 13: 978-1-138-35059-5 (pbk)
ISBN 13: 978-0-429-43579-9 (ebk)
Sir Nicholas Bayne, KCMG is a Visiting Fellow at the International Relations Department of the LSE. As a British diplomat, he was High Commissioner to Canada, 1992-1996, Economic Director at the FCO, 19881992, and Ambassador to the OECD, 1985-1988. He is co-author, with Robert Putnam, of Hanging Together: Cooperation and Conflict in the Seven Power Summits.
Bronwyn Curtis is Chief Economist of Nomura International in London. She is a well-known commentator on financial market issues and author of numerous articles on economic topics. Previously Global Head of Foreign Exchange and Fixed Income Strategy at Deutsche Morgan Grenfell. She joined Deutsche Bank in London in 1988 after an extensive career in international commodity markets.
Professor Joseph P. Daniels is Associate Professor of International Economics at Marquette University, Milwaukee, Wisconsin, and was Visiting Professor of Economics and International Relations, University of Toronto in 1997-98. An established scholar on the G7 Summit process, he has published widely on international economic policy processes.
Professor Charles Goodhart, CBE is Norman Sosnow Professor of Banking and Finance at the LSE, and a member of the Bank of Englands Monetary Policy Committee. He was a monetary adviser at the Bank of England from 1968-1985 and Chief Advisor from 1980. He taught at Cambridge and the LSE and has written extensively on monetary policy, history and institutions.
Dr. Michael R. Hodges was Director of the Centre for Research on the USA and Senior Lecturer in International Relations at the LSE. Formerly Professor of International Relations at Lehigh University, Bethlehem, Pennsylvania, he is the author of books on government/business relations, as well as More Efficiency, Less Dignity: British Perspectives on the G7.
Professor John J. Kirton is Director of the G8 Research Group, Associate Professor of Political Science and Research Associate of the Centre for International Studies at the University of Toronto. He has advised the Canadian Government on G7 participation and international trade and sustainable development, and is the author and editor of many books and articles on international issues, especially on G7 summitry.
Dr. Ella Kokotsis is a Post-Doctoral Research Fellow at the Centre for International Studies, University of Toronto and Research Coordinator of the G8 Research Group. An expert on G8 Summit compliance, she served as a consultant to the Canadian Governments National Round Table on the Environment and the Economy in the lead-up to the 1995 G7 Summit.
Professor Richard Layard is Director of the LSEs Centre for Economic Performance. An expert on the problems of unemployment and inflation, he has advocated a Welfare to Work approach in a series of books and articles. Founder in 1985 of the Employment Policy Institute and Chairman, 1987-1992, he is an expert on skills and inequality and heads an advisory group for the Russian Government.
Professor Alan Rugman is Thames Water Fellow in Strategic Management at Templeton College, Oxford. Professor of International Business at the Universities of Toronto, 1987-1998, Dalhousie, 1979-1987, and Winnipeg, 1970-1978, he is author of numerous books and articles on multinational enterprises and trade and investment policy. He has been an adviser to the Canadian Government and a consultant to major companies.
George Staple, QC was Director of the United Kingdoms Serious Fraud Office from 1992 to 1997. A Partner at Clifford Chance from 1967 to 1992, he rejoined the partnership in 1997. He was Chairman of the Authorization and Disciplinary Tribunals of the Securities Association and the Securities and Futures Authority, 1987-1992 and a member of the Council of the Law Society and its Treasurer, 1989-1992.
Ambassador Koji Watanabe is Executive Advisor to the Japan Federation of Economic Organizations (Keidanren); Senior Fellow at the Japan Center for International Exchange; and Chairman of the Board of Governors of the Asia-Europe Foundation. As a Japanese diplomat, Ambassador to Russia, 1993-1996; to Italy, 1992-1993; Deputy Minister of Foreign Affairs, 19891992; and Sherpa for the 1990 and 1991 summits.
