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Page last updated at 10:23 GMT, Saturday, 20 August 2011 11:23 UK

Are our leaders failing?

Is the world's economic turmoil caused by a crisis in global leadership? Is a lack of clear ideology and purpose leaving leaders rudderless and at mercy to the markets? Would the Thatcher/Reagan era of leaders have been more proactive with economic solutions? Lord Owen, former Foreign Secretary, and Sir Christopher Meyer, former British Ambassador to Washington, try to answer some of these difficult questions.

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