G-20 Summit Passes the Buck
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Over the weekend, G-20 finance ministers met in Paris to discuss steps on how to address persistent global current account imbalances that some fear could send the global economy back into recession. In the end, the group reached consensus on a list of legitimate "imbalance indicators" by which each economy may be judged. Yet, as achievements go, this agreement is about as insignificant as they come.
Published: World Politics Review on
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