G-20 Summit Passes the Buck: Part II

Editor’s note: This is the second of a two-part series on the G-20. Part I examined efforts to rebalance the global economy. Part II examines efforts to reform the global monetary system. Leading up to and throughout the G-20 finance ministers meeting last weekend, murmurs were heard about the role of the dollar and the need to reform the global monetary system. This is nothing new, of course, as a variety of major economies have expressed an interest in demoting the dollar since the global financial crisis broke out in 2008. The most recent examples came from Brazil and China, […]

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