The G-20 is not a system of international economic co-operation, or a board of directors, or a governing council for the global economy, to pick some of the terms that have appeared in the media. It is a forum where the heads of state of 20 economies discuss some of the important economic issues. It has very little ability to directly implement decisions, writes Mark Weisbrot in his comment on the apparent shift of power from the G7 to the G20.
-
Posted by
ctt-team
-
Published:
2009-10-05