If expectations are low enough, they can be surpassed without too much trouble. The G20 finance ministers managed that in Korea. Since national policy changes were out of the question, agreement on some fine words was an accomplishment – far preferable to an open fight. Besides, the International Monetary Fund’s governance is to be made less unrepresentative. For all that, economic globalisation is still running far ahead of its political counterpart. But then again, the transition from the waning to the emerging global order is a tricky business.
如果預期足夠低,超越預期就不會很困難。20國集團(G20)財長們在南韓成功地做到了這一點。既然不可能改變各國政策,那麼就某些漂亮話達成一致也是一種成就——遠勝於發生公開衝突。此外,國際貨幣基金組織(IMF)的治理將不再那麼缺乏代表性。雖然如此,經濟全球化仍遠遠領先於政治全球化。不過話說回來,這種新舊全球秩序的轉變本來就很棘手。