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Analysis

The promise and anxiety of G20’s financial multilateralism (ORF)

AKSHAY MATHUR writes: The recent G20 finance ministers’ meeting has reminded us of the powerful role the G20 plays in financial multilateralism. In the last year alone, the G20 has secured a global deal on international taxation, US $650 billion worth of Special Drawing Rights, and launched a debt-relief programme for low-income nations suffering from COVID. It is a work plan reminiscent of G20’s role during the trans-Atlantic financial crisis a decade ago.

go to ORF: The promise and anxiety of G20’s financial multilateralism | ORF (orfonline.org)