Brave New Financial World
Although much of the G-20 debate has concerned issues such as global fiscal stimulus, the real high-stakes battle involves choosing a new philosophy for the international financial system and its regulation. Unless our leaders find a new approach, financial globalization cold well shift quickly into reverse, making it all the more difficult to escape the current morass.
https://prosyn.org/WZ93106
CAMBRIDGE – A huge struggle is brewing within the G-20 over the future of the global financial system. The outcome could impact the world – and not only the esoteric world of international finance – for decades to come.