The G20 and global imbalances

The G20 and global imbalances: "Barry Eichengreen, 26 June 2011

Global imbalances remain a key issue for G20 leaders. This column evaluates the progress made by G20 leaders in the run up to their Cannes summit this November, concluding that the G20 process is unlikely to protect us from the risks posed by disorderly unwinding of imbalances.

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