From June 18 to 21 President Clinton and other leaders of the world?s leading industrialized nations will hold their annual meeting to address the major economic and political issues facing their nations and the international community. In addition to the G8 summit in Cologne, Clinton will attend a European Union meeting in Bonn, and will confer with French President Jacques Chirac in Paris. This year?s G8 meeting is overshadowed by the unresolved situation in Kosovo. The Brookings Institution will hold an in-depth briefing examining a number of questions concerning the President?s European trip:
- What is the status of the Kosovo peace plan? What are U.S. and NATO options?
- How is monetary integration affecting the economies of Europe? What is the future of the Euro?
- What does Russia want from the Summit? What is likely to result?
- How should one judge the G8 Summit? What will it take to make it a success?
In their recent book, “The New Localism,” Bruce Katz and Jeremy Nowak argue that cities and counties will be tested as never before in the coming years. They will need to innovate and reform—to pursue new strategies for growth and finance—in a fiscal environment dominated by rising health-care and pension costs. In these circumstances, the quality of metropolitan governance will matter more than ever.