CXO

What Do Asian Countries Want The Seat At The High Table For? G20 As A New Global Economic Governance Forum And The Role Of Asia

Date Added: Feb 2011
Format: PDF

The global crisis has reminded everyone of the importance of reforming the international monetary and financial system. The current system is no longer adequate to meet the needs of a complex, integrated world economy. Various proposals, both on the demand and supply sides, have been put forward, and include building a stronger global financial safety net, diversifying the supply of international reserve currencies, and so on. However, these proposals face trade-offs between desirability and political feasibility.