ECB’s Asmussen warns G-20 works poorly until disaster looms


The Group of 20 (G-20) suffers from governance problems that have grown more acute as the memory of the financial crisis fades, Jörg Asmussen, a member of the executive board of the European Central Bank (ECB) said today.

Speaking at the Hertie School of Governance in Berlin, Asmussen said the G-20 had had a promising start, but had lost momentum after the financial crisis "due to a waning sense of urgency". He said the group was weakened by its lack of clear leadership, inefficiency, poor

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account