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What the G20 Has Done Thus Far on Development
ОглавлениеThe G20 initially sought to stabilise the financial system and reform it to prevent recurrence of such crises and to coordinate monetary and fiscal policies for recovery of the world economy. It evolved to be labelled at the 2009 Pittsburgh G20 meeting as the primary forum for all discussion of global economic policy coordination with the aim to provide a firmer institutional underpinning for future growth through the creation of a Financial Stability Board (FSB) and a Framework for Strong Sustainable and Balanced Growth (FSSBG).
The actions thus far from the G20 on development can be divided into declarations of purpose and intent, calls for studies from international agencies preparatory to initiating action and instances where the G20 has initiated courses of action. The third category for now is small and the issue is whether and how these actions can grow.