Quote:
Originally Posted by Ark2
I think if you're in the G20/G8, you have to host these things every once in a while, unless of course you choose to not participate at all. Think of this $1 billion as the cost to have a say in how the world economy is run.
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These events do not need to be hosted. There is no justifiable reason to have 20,000 people meet. Cut the meeting down to 1000 people spend 50 million on it. Don't annouce to the world that it is going on and just have a press conference at the end with the results. Or just have your regular diplomatic staff do this work over time and get together to announce the results.
The problem is these meetings have gotten so large they have to be planned out so far in advance their is no guarentee that the agreements will have been reached by the time the meeting starts making the meetings essentially useless.
The deals on Banking Reform, Debt reduction and other envrionmental issues need to be 99% complete before heads of state and ministers start meeting face to face otherwise you are just wasting everyone's time and money.
Security at the Olympics only cost 1 Billion dollars it was far longer, far less secure, had just as many heads of state and didn't fence people off from the event minus the well protected olympic torch.