G-20: Don't Expect the Earth to Move

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Economic summits can be invaluable during crises, but rebalancing global commerce or reforming financial regulations takes more than a meeting


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[jb100]

The G-20 summits between the heads of the world's 20 biggest economies is definitely a positive step for the recession hit world economy.G-20 nations covers 85% of global economic activity.There may not be much in the way of immediate or lasting results.But


Certainly, some weighty issues are on the table .Such as re-balancing world commerce, reforming the global financial system, reining in executive pay and fending off protectionism etc.Such periodical meeting between world leaders are definitely going to yield positive results in future.