When the G20 leaders held their first summit in late 2008, many welcomed what looked like a diverse, highly representative new forum for crafting common solutions to global problems. The group acquitted itself well in responding to the global financial crisis, and, for a while, its emergence as a forum for international policy coordination seemed like one of the only silver linings of that mess.
On the other hand, while the G20 has been very good at issuing grandiose communiqués to acknowledge the existence of global challenges, it has proven utterly incapable of advancing any solutions to them. To my mind, there are two barriers standing in the G20’s way. First, though it is representative, it is also far too large. As I have argued since 2001, what the world really needs is a, comprising the US, Japan, the European Union, and the BRIC countries. This new grouping would reside within the G20 and represent three-quarters of global GDP.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
BUSINESS MAVERICK: FIFA to pump millions into South Africa and kickstart amateur football economyA seismic change is about to take place in the funding of amateur soccer clubs by Fifa, and SA clubs need to make sure they are in a position to benefit. I believe they should start with pumping more money into female soccer development!!! Who is controlling the money? In my opinion keep it very far away from Danny Jordaan, also keep him far away from women.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »
Business Maverick: US and China’s top trade officials make first contact since truceUS Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke on the phone with their Chinese counterparts, marking the first high-level contact after their presidents agreed to resume trade talks last month.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »
Business Maverick: London beats New York in attracting Saudi ETF billionsInvestors betting on Saudi Arabian shares are showing a clear preference for funds listed in Europe over the U.S. The contrasting picture may come down to which market offers lower fees and more attractive treatment on taxes and dividends.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »
Business Maverick: Doubts over Deutsche Bank turnaround plan shake sharesDeutsche Bank shares extended losses on Tuesday on investor doubts that its chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »
BUSINESS MAVERICK ANALYSIS: Lesson from Marikana: The other side of above-inflation pay risesMounting debt levels among mine workers are seen as a key factor behind sky-high wage demands and tensions on the Platinum Belt. Unpublished data regarding Lonmin presents a more nuanced picture. For several years before debt levels started spiking, Lonmin’s lowest-paid workers got above-inflation pay hikes, which rendered them able to consume on credit.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »
BUSINESS MAVERICK: The fund management sector may lead us into the next global financial crisisIt’s been a decade since the last financial crisis and there are warning signs we might be heading for another one. It is a case of well-known financial institutions suddenly becoming cash-strapped and panicked clients yanking their capital at a whim. Sound familiar? But this time, it pertains to a different participant in the financial food chain. DURITZ79 This piece centres around a real issue... however, the headline is overly-dramatic and the argument weak. Do better
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »