Hot Air

The meeting of G-15 heads of state and government took place in an atmosphere laden with rhetoric and grand ideas. Unfortunately, all this was shy of adequate financial support.

June 5, 2001

THE G-15 FORUM held its meeting in Jakarta last week, precisely when street rallies unnerved the capital and a plenary session of the House of Representatives was under way. Nevertheless, the G-15 leaders kept their great passion aflame to deal a blow to globalization, lash out at advanced countries and accuse the International Monetary Fund (IMF) of letting itself be used as a political tool. Malaysia’s prime minister, Mahathir Mohammad, Z...

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