ARVIND SUBRAMANIAN, fellow at the Peterson Institute for International Economics states that while the monopoly on power and influence wielded by the west was being broken for real with the G20, what was most significant was the impact of the de-cartelization of power and influence on the role of ideas. In an op-ed in The Business Standard, "The G-20, Power, and Ideas", he states that the fate of two bad ideas (i) western leadership of the IMF and the World Bank and (ii) indispensability of the Doha round to the health of the world economy, could serve as a testing ground for the proposition that the G-20 might be better for the marketplace of ideas than the G-7.
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