Business Daily from THE HINDU group of publications Saturday, Jun 09, 2007 ePaper |
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Opinion
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Editorial Changing weather
Time was when the world was quite simple for the rich countries that huddled together every year to plan how the world ought to be run. That conclave of eight developed nations, called the G-8, still retains its exclusivity but dramatic changes in the developing economies, some of which have come close to being labelled `developed', have forced the Elite Eight to at least invite the emerging nations for the annual event. India, along with China and three other emerging nations, are for the third time in a row attending the G-8 meet in Germany, especially as one of the main agendas of the meet is climate change. This is an issue of concern for all, but for the first time India and China have a chance to present their viewpoints, unlike earlier, on a subject that affects them equally.
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