It looks as though the G-8 is largely a thing of the past, and the G-20 is here to stay. Without China, India, and Brazil, the old Group of Eight nations no longer represented a large enough chunk of the global economic powers. The Wall Street Journal 's Jonathan Weisma n explains:
Filed under: Wall Street Journal, globalization, india, Brazil, developing economies, China, G-20, Group of 8, G-8, Group of 20, Global economic, Jonathan Weisman