At
the recently concluded G8 summit Prime
Minister Manmohan Singh was quite candid. Aggressive even, as compared to
his normal docile self. He made no bones about the fact that the global
economic crisis was the doing of the western developed economies and countries
like India, China and Brazil had been unwittingly dragged into it. These
countries are not a part of the G8.They didn’t cause the problem but have been
invited to be a part of the solution again and again. There’s a lot more that
they can do but the G8 want the G5 (Mexico, China, Brazil, South Africa and India)
to help by parting with resources (read money) but don’t want to acknowledge
their economic power – at least officially
on the world stage.