Oooooh, how very reassuring
The draft document adds:
- G20 expects global economic growth to strengthen in 2014
- remains vigilant in face of important risks and vulnerabilities
- G20 nations committed to lifting and rebalancing global demand and achieving exchange rate flexibility
I reckon they’ve got quite enough flexibility right now
- G20 “deeply disappointed” with the delay in implementing IMF quota and governance reforms agreed in 2010
- urges the US to ratify IMF reforms at earliest opportunity
- if IMF reforms are not ratified by year-end then IMF should develop options for next steps and schedule a discussion of those options
