Next week’s meeting of the Group of 20 industrial nations in Toronto will face competing efforts to deal with the fragile global economic recovery. International relations Professor Kevin Gallagher, currently a visiting professor at Tsinghua University in Beijing, writes in a Financial Times commentary that developing a sovereign debt crisis management regime should be at the top of the G-20’s agenda.
“The overarching goal of such an effort should be to strike a single global standard for balanced and timely restructuring that satisfies the needs of creditors while enabling debtor nations the ability to recover and grow. This is where the G20 can make its mark.”
Contact Kevin Gallagher, 617-353-9348, email@example.com