| Global Macroeconomic Imbalances: G-20 Leaders Must Back up Their Rhetoric with Deeds
Prasad, Eswar
Financial Times, Economicsforum, October 13, 2009, online edition
"The financial crisis has taught us a painful lesson that global macroeconomic imbalances can wreak enormous damage on the world economy. At the G-20 Pittsburgh Summit, leaders committed to a framework that would prevent further damage. Eswar Prasad proposes a Special Drawing Rights scheme that allows G-20 countries to make enforceable policy commitments."
Eswar Prasad holds the New Century Chair in International Economics. He is the Tolani Senior Professor of Trade Policy at Cornell University and a Research Associate at the National Bureau of Economic Research.
Go to the
article at:
http://blogs.ft.com/economistsforum/2009/10/global-macroeconomic-imbalances-g20-leaders-must-back-up-their-rhetoric-with-deeds/
B16/04-09 - November 6, 2009
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