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The G20 meetings are publicly recognized for being the arena of two repeating themes: citizen protest against unfair trade policies that affect communities across the world, and world leaders flexing their muscles to see who walks away as top dog.

The G20 meeting in Seoul, South Korea was burdened with a third theme– that of finding solutions to the ongoing global economic crisis and the fast approaching threat of protectionism. Why is protectionism an issue? In the context of the US economy, it could mean lower foreign investment, which would lower the value of the dollar. In the context of social justice, this could have far-reaching adverse effects on local and international unemployment and worker rights as well as on US government spending on social services.

The US came under pressure for the Quantitative Easing (QE2) decision taken by the Federal Reserve Board. What’s all the noise about, and did the rest of the G20’s argument against the US decision make any sense? Nice analysis of the situation (and some groovy Economics 101!) here.

But really, the only thing we’re asking each other right now is, why should we care about what is discussed or decided on at the G20?

Simple answer? International Aid Reform. The G20 meetings are a significant platform for world leaders to discuss global approaches to the issue of misdirected foreign aid and unmet aid targets.

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