G20 Meetings – Differences and Action Plan

The G-20 leaders met in London and the summit covered the status of the financial crisis, world economy, and future measures to be implemented by G-20 members. It presented differing points of view and approaches in Europe, U.S. and Asia.  US was more pro-stimulus and Europe more pro-regulations.  The emerging markets sought more power sharing, more direct investment and less protectionism.  Among the decisions of the summit were the additional funding to the IMF that may fuel growth, more regulation with the Financial Stability Board (FSB), but we’ll have to see details there as well as in the areas of international trade (Doha round) and green investing where commitment to support them were iterated.  You may read the statement at:  http://www.londonsummit.gov.uk/en/media-centre/latest-news/?view=News&id=15892812

A very interesting article about the various countries agendas’s was published by the FT under the very telling title “The G20 Wishlist http://www.ft.com/cms/s/0/e39aacb6-0e49-11de-b099-0000779fd2ac.html

 

The New York Society of Security Analysts (NYSSA) along with the EUUSA NGO are organizing a discussion on that on April 30th at New York. You can find more information at http://www.nyssa.org/AM/Template.cfm?Section=calendar&template=/CM/ContentDisplay.cfm&ContentID=13167 

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