These global groups make decisions which affect the world economy and to date they haven't done well. As Europe struggles - why do we have to become more embroiled in the international crisis? We have our own problems and for decades now the Australian people have been forced to become part of this Global Order whether we like it or not. Many believe the G20 is no longer viable.
The truth, however, is the G20 is struggling. While this is a European crisis that needs a European solution the problems of the eurozone and the weak North Atlantic economy demand political resolution from the G20 that includes the main developed and developing nations. Rudd says "whether we like it or not" the unresolved European financial crisis is now the pre-eminent test for the G20.
In his September 30 speech at the University of Queensland, Rudd said: "The reality is that the G20 will only continue to attract support so long as it remains capable of delivering on its core economic objectives. The G20's credibility will rise or fall on its ability to provide the guidance and action that the global economy needs."
Pivotal to Rudd's position is his belief that Australia's role in the G20 is a watershed for our global standing and influence. Confronting this directly he said: "In 2011 Australia's G20 membership now lies at the absolute core of Australia's foreign policy. It provides a platform for Australia to do so much more in the world as a middle power with global interests.
"It provides us with a platform to engage directly (not indirectly through the proxy of others) on the critical challenges of the global economy, the environment and climate change - challenges which all directly affect our national interest.
"Australia first sought membership of an expanded G7 more than a quarter of a century ago. We failed. Three years ago, we succeeded. It was a hard-won prize. Many others around the world actively fought against it. We prevailed through more effective global diplomacy.
"And now, under no circumstances, can we allow it to falter. We have too much at stake. So too does the world."
Rudd's fears cannot be missed nor can the fact that as Foreign Minister he is now removed from the real action. His frustration is palpable.
Consider his urging that "under no circumstances" can Australia allow its position to falter.
Consider the sub-text, namely, that Rudd got Australia into this favourable G20 position and he fears that Gillard and Swan are risking it. Rarely has the dysfunctional nature of Rudd's policy relations with the Prime Minister and Treasurer been so obvious.
http://www.theaustralian.com.au/nationa ... 6161582466