G8: FAILING MODEL OF GLOBAL GOVERNANCE

Since the mid-1990s, the G8 annual summits have incorporated more social issues and developing country concerns into their agendas, but they have failed to demonstrate much progress on these issues. Similarly, the G8 has failed to produce the kind of global leadership necessary to jettison the failed neoliberal model for managing the global economy. For many NGOs and developing countries, the G8 summit remains a symbol of elite global governance, but concerns about the legitimacy of this self-constituted forum are increasingly overshadowed by criticisms of the forum's ineffectiveness.