After Cancun

You know that the international trade talks are in trouble. What you may not know is that Cancun saw the emergence of a newly coherent Southern negotiating bloc – the “Group of 21” – and that it may (cross your fingers) portend good news spreading even as far as the climate talks. Ok, maybe that’s a stretch, but here’s an interesting analysis by Focus on the Global South’s Walden Bello, who by the way just won the Right Livelihood Award. In it, Bello discusses “the possibility that the Group of 21 can serve as the engine of South-South cooperation that goes beyond trade to coordination of policies on investment, capital flows, industrial policy, social policy, environmental policy.”