個案總覽

Today, the world's biggest challenges-from financial (in)stability to immigration, health, the environment, terrorism and food safety- are global in nature, and their solutions demand global thinking. The authors argue that modern summitry is one of the best ways to addresses such 'spillovers'. The philosophical foundations of arrangements to achieve consensus among otherwise sovereign states as they deal with joint problems is imbued with idealism, they say, and the advance of globalization has only made such collaboration a higher imperative. While the architecture of a new global order remains a question, they maintain that one thing is certain: summitry will have a continuing and crucial role to play.

A combination of sheer size and spectacular growth has China on course to become the world's largest economy by 2020. It is also the world's second-largest recipient of foreign direct investment, behind the U.S. Continued balanced growth for China will require an increasingly-sound financial system, says the author, who explains the consequences of China's forthcoming banking and financial sector reform and why such reform presents a unique and crucial challenge within China's economic transition from central planning to a market economy.