Furthermore, the influence of globalization has brought to the fore the importance of global cooperation on issues that prior would have been relegated to the backdrop of domestic affairs (Weilemann, 2000). In the past, issues such as terrorism, finance, and climate change would have been resolved and constrained by domestic politicians, but today there is a need to meet to agree on set protocols through channels such as the G8 summit, and European council meetings. Dunn also argues that the rise of summitry is also a consequence of the paucity of resources of smaller nations who are less able to finance and sustain a vast diplomatic service and thus rely on summits for negotiation (1996, p12). For example, the 2008 financial crisis revealed just how interdependent nations have become, and the 2008 “G20 Washington Summit on Financial Markets and the World Economy” was described by Merkel as convened to address the issue of how best to assure sustained economic health for all nations. We can thus grasp the role international interdependence has contributed to the development of
Furthermore, the influence of globalization has brought to the fore the importance of global cooperation on issues that prior would have been relegated to the backdrop of domestic affairs (Weilemann, 2000). In the past, issues such as terrorism, finance, and climate change would have been resolved and constrained by domestic politicians, but today there is a need to meet to agree on set protocols through channels such as the G8 summit, and European council meetings. Dunn also argues that the rise of summitry is also a consequence of the paucity of resources of smaller nations who are less able to finance and sustain a vast diplomatic service and thus rely on summits for negotiation (1996, p12). For example, the 2008 financial crisis revealed just how interdependent nations have become, and the 2008 “G20 Washington Summit on Financial Markets and the World Economy” was described by Merkel as convened to address the issue of how best to assure sustained economic health for all nations. We can thus grasp the role international interdependence has contributed to the development of