After the Pittsburgh Summit, G20 became one of the most important international forums of global policy coordination. But it is a multi-trillion-dollar question today whether the developed world can promote "fiscal soundness", and "financial normalization" and sustain a stable international financial system in the face of the multi-faceted crises, especially the lack of stimulus programs in European countries.
The author is a research scholar with the China Institutes of Contemporary International Relations.
(Source: Chinadaily.com.cn)
Special Report: Global Financial Crisis
