The G20 in the Aftermath of the Crisis: a Euro-Asian View
AbstractThis Letter du CEPII draws on the meeting of the fifth Asia-Europe Economic Forum held in Tokyo on 25 March 2010. The forum brought together a broad range of participants including policymakers, academic experts and private sector specialists. This year, the agenda focused on reforms, national budgets, G20 hopes from both Asian and European perspectives. After focusing in the midst of the crisis on the international financial regulation reform, the G20 has launched at the Pittsburgh summit in September 2009 the Framework for Strong, Sustainable, and Balanced Growth. The rebalancing of global growth requires exit strategies differentiated across countries, structural reforms and a better fiscal coordination in Europe. Moreover, a question remains: the G20 has reacted promptly at the height of the crisis, but it has to prove its legitimacy and its ability to achieve reforms although the appetite for coordination decreases.
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Bibliographic InfoArticle provided by CEPII research center in its journal La Lettre du CEPII.
Volume (Year): (2010)
Issue (Month): 299 ()
G20; CRISIS; EUROPE; ASIA;
Other versions of this item:
- AgnÃ¨s BÃ©nassy-QuÃ©rÃ© & Jean Pisani-Ferry, 2009. "The G20 in the aftermath of the crisis: a Euro-Asian view," Policy Briefs 483, Bruegel.
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
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