Realizing the Potential of China’s G20 Presidency
In the run-up to September’s G20 summit in Hangzhou, China, there has been much talk about strengthening global macroeconomic cooperation and reforming the international monetary system. This is far from the first time these topics have come up, but the time may be ripe for genuine progress.
https://prosyn.org/XNIJi5R
NEW YORK – In the run-up to this September’s G20 summit in Hangzhou, China, there has been much talk about strengthening global macroeconomic cooperation and reforming the international monetary system. While this is far from the first time these topics have come up – in 2011, for example, France pushed for monetary reform, but was waylaid by the eurozone crisis – the time may be ripe for genuine progress.