This leadership role could be rotated. The second approach is for a group of several leaders to work together. Ultimately, the leader or leaders of each country should play their part accordingly. The second challenge is the decision-making process. It would be interesting to see how people will react to a more participatory approach.
Regional economies represent another real challenge.
Some member countries have been able to make positive gains by focusing on strengthening economic fundamentals and undertaking major reforms. The challenge now is to sustain the recovery and to learn the hard lessons from this recent financial crisis so as to avoid future problems. If these trends continue, it is highly likely that the situation will further deteriorate and it may take longer to recover. In these circumstances, the best thing to do is to engage in introspection to see where things should be improved and what lessons are to be learned. But talks should not overshadow actions.