INTERNATIONAL: G20 gains stature but is overambitious

Monday, September 28 2009

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EVENT: The G20 Leaders' Summit was held in Pittsburgh on September 24-25.

SIGNIFICANCE: G20 members -- in their third summit in under a year -- determined that the G20 should become the premier forum for international economic coordination and discussion, displacing the G7/G8. Some elements of the G20 agenda are overly ambitious, but progress may be achieved in certain important areas.

Word Count (approx): 1161

Headings

  • G8 superseded
  • Too large?
  • Global economic framework
  • Doha test
  • IMF vote shift
  • Strengthening financial regulation
  • Bonus fudge

Primary Keywords: INT, International, economy, international relations, banking, capital flows, fiscal, foreign policy, foreign trade, government, growth, monetary, talks, trade

Secondary Keywords: Brazil, China, Egypt, EU, Iran, Japan, Pakistan, Poland, Saudi Arabia, Spain, Thailand, Turkey, United States

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