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  • Author: Johannes F. Linn, Colin I. Bradford
  • Publication Date: 09-2009
  • Content Type: Policy Brief
  • Institution: The Brookings Institution
  • Abstract: In November 2008, President George W. Bush convened the first G-20 summit in Washington to address the worst global financial economic crisis since the Great Depression. This summit provided a long-overdue opportunity for a dramatic and lasting change in global governance. This was followed by the election of Barack Obama, who had campaigned on a distinctly different foreign policy platform compared with his Republican rival, Senator John McCain. These two events were no mere coincidence.
  • Topic: International Organization, International Trade and Finance, Financial Crisis
  • Political Geography: Washington