The Bottom Line: G-20 Summit's Fiscal and Financial News
CRFB.org - The ... - September 29, 2009 - 5:55pm
It would be easy to dismiss the recent G-20 Summit in Pittsburgh as just more political babble, more empty business as usual just among more countries – but you would be wrong. The Summit’s agenda was pragmatic and ambitious, perhaps one of the most ambitious in awhile. And, contrary to what some pundits cautioned, the array of possible deliverables in the next year is mind-numbing, from fiscal policy to financial sector reform to energy policy. Now that G-20 leaders have given their seals of approval on a wide-ranging agenda and areas of agreement and disagreement have been sorted out in Pittsburgh, a series of international follow up meetings will take place among cabinet ministers, central bankers, and technical experts...
