What next for the G20?

When the G20 finance ministers and central bank governors met in Morelia for the 5th Ministerial meeting in October, they could reflect on the future direction of this club. Would it be a moment of truth for this grouping, which was created only in 1999? As the issues of the exchange rate regime are clearly on the agenda of international financial-policy makers after the G7 communiqué of Dubai, which advocated a move towards more exchange rate flexibility, it would be the first time that G7

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