Davos/G20 report on monetary system

"An important transformation of the international monetary system appears to have begun in which the Group of 20, by virtue of its relatively informal and representative nature, may well prove to be the crucible in which its primary features are forged," said Richard Samans, Managing Director, World Economic Forum, launching a new report in Davos this week on the future of the international monetary system.

"In ways implicit and explicit, the G7 has begun to accept that its influence will have

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