The Impact of the Economic Crisis: From the G-8 to the G-20

Issue Date January 2011
Volume 22
Issue 1
Page Numbers 31-38
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The financial crisis did not deal a fatal blow to any democracies, but it did hasten an erosion of the influence of the West. A key symbol of this trend is the anointing of the Group of 20 (G-20) as the key international body for addressing global economic concerns. In the future, the balance of power among competing regime types may be decided by the emerging-market democracies, whose growing economic and political clout may make their internal political debates and foreign policies increasingly important to the future of democracy around the world.

About the Author

Marc F. Plattner, founding coeditor of the Journal of Democracy, is currently a member of the Board of Directors of the National Endowment for Democracy. He also serves as cochair of the International Advisory Board of the Institute for Political Studies at the Portuguese Catholic University.

View all work by Marc F. Plattner