When the G20 finance ministers agreed in February to significantly raise global growth, they locked in a goal of lifting collective GDP by more than 2%. This was a cumulative goal - that is a total of…
Following its stepped up year-long review of European banks, the European Central Bank this weekend failed 25 of the 130 banks it tested on the strength of their capital buffers to protect against a downturn…
In 2000 in Lisbon the European Union countries met and agreed on the “Lisbon Agenda”. Europe was already lagging in terms of growth and jobs, and it was hoped that the Agenda would “deliver stronger, lasting…
The G20 Finance Ministers have the opportunity this weekend to endorse the initial recommendations of the OECD on how to address the global problem of multinational tax avoidance. The work of the OECD…
Public outcries over tax avoidance by multinational enterprises like Apple and Google have pushed politicians to act. The unprecedented international political will to combat base erosion profit shifting…
When the central bank governors and finance ministers from the G20 agreed in February to increase growth by at least two percentage points over the next five years, they fell short of delivering a common…
IMF chief Christine Lagarde left Sydney commenting that the “two genders” will have to contribute if the G20 was to achieve its aim of lifting economic growth targets by 2%. Critiques of that growth target…
G20 finance ministers and central bank governors have set themselves a formidable task in accelerating growth and creating millions of new jobs in order to add 2% to world economic growth over the next…
As G20 finance ministers and central bank chiefs prepare to meet in Sydney this weekend, leading corporate figures known as the B20 will meet separately with major global investors to discuss the need…