More hot air from the G20

Finance ministers and central bankers from the G20 nations achieved nothing at all last week, according to our readers.
US Treasury secretary Tim Geithner chats with PBOC governor Zhou Xiaochuan at the recent G20 meeting
US Treasury secretary Tim Geithner chats with PBOC governor Zhou Xiaochuan at the recent G20 meeting

When the rich world’s finance ministers met in the South Korean beach resort of Gyeongju last week, few people really expected them to achieve very much -- and, in that regard, they did not let anyone down.

Respondents to last week’s web poll voted overwhelmingly that the G20 meeting of finance ministers and central bankers achieved nothing. The participants came out of the meeting claiming to have averted a currency war and said some fine things about the role of markets in determining exchange rates, but they didn’t agree to anything that would actually hold them to these principles.

That, perhaps, is just as well because most of the people around the table...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222