These summits are not just about photo-ops and handshakes. Taken together, this array of diplomatic meetings constitute the greatest density of decision points in the modern world since the summits that brought about the end of the Cold War. This is a time when the true colors of nation-states come out, as each fights for their political, economic and security interests behind a thin veneer of global cooperation.
With geopolitical boundaries being redrawn across the world, STRATFOR has a responsibility to penetrate the media glitz and read through the lines of diluted joint statements and press conferences to explain to our readers the core issues at stake for each player involved. Through our extensive coverage in this week’s Global Summit series, our intent has been to do just that.
Midway through the bilateral summits, we have yet to see any major surprises deviating from our assessments. In the lead-up to the G-20 summit in London, the Americans and the Germans will be at the core of the debate over how to restructure the global financial system. The Americans, the British and the Japanese believe stimulus is the way to go to put the global economy back on track, while Germany, the economic heavyweight of Europe, prefers instead to export its way out of the recession. This is not a debate that will be resolved by the end of this summit (if at all), leaving G-20 members and the struggling economies watching from the outside with the impression that they have little choice but to fend for themselves in this severe economic environment.
The Americans do not just disagree with the Europeans on economics — in spite of Europe’s enthusiasm for U.S. President Barack Obama, the EU members at the summit made clear their unwillingness to make any meaningful contributions to the U.S. war effort in Afghanistan beyond a few aid packages. With the Western coalition in Afghanistan looking more and more like a one-man show, the Americans are branching out of their post-World War II system of alliance in search of new strategic partners. The United States has found one such partner in Turkey, where Obama will be wrapping up his visit on April 6-7. This will demonstrate to allies and adversaries alike that Washington embraces a greater Turkish role in global affairs that stretch from the Islamic World to the Russian periphery.
It has been a roller coaster ride thus far, with still more to come. Before Obama makes his way to Turkey, he still has to touch base with his NATO allies in Prague. With the Russians ready to play hardball and the balance of the Eurasian landmass still in flux, these meetings will be anything but bland. Meanwhile, STRATFOR’s team of expert analysts will be working to provide their members with the analytical context to find significant meaning from these summits. A redefinition of global systems is taking place that will carry well into the future, and STRATFOR is here to provide the historical and analytical record.
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