Global Economic Leadership and the Group of Seven by C. Fred Bergsten (9780881322187)

C. Randall Henning

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ISBN: 9780881322187

Format: Paperback / softback, 192 pages , 229mm x 163mm x 10mm

Published: 01-Jun-1996

Imprint: The Peterson Institute for International Economics

Publisher: The Peterson Institute for International Economics

Country of Publication: United States

Description - Global Economic Leadership and the Group of Seven by C. Fred Bergsten

The decline of the dollar, the Mexican crisis, and sluggish global growth reveal the failure of the Group of Seven industrial nations to provide effective management of the world economy. The G-7 once played this crucial role effectively, and must do so again if future crises are to be averted and global prosperity to be promoted. This study assesses the G-7's record and the reasons for its demise. It outlines an action program that includes reforming the exchange rate regime, creating a new financial facility at the IMF to deal with crises sparked by private capital flows, and instituting an early warning system to prevent serious new disruptions in the world economy

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Classification:
Economics, finance, business & management »
Economics »
International economics

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Global Economic Leadership and the Group of Seven

C. Fred Bergsten

C. Randall Henning

Description - Global Economic Leadership and the Group of Seven by C. Fred Bergsten

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