https://www.taxtmi.com/news?id=11724 G20 has evolved into a permanent forum for global economic governance but faces challenges: an advanced-country agenda with potential procyclical bias from stricter financial norms; mission creep that dilutes focus; and slow progress on governance reforms of international financial institutions. Priority should be given to recycling global savings into infrastructure investment via coordinated action among surplus-holding governments, the private sector, and multilateral development banks. Decisions taken by the G20 must be implemented promptly, monetary policy spillovers managed carefully, and development and labour policies tailored to national circumstances with attention to skills portability and labour mobility. en-us Wed, 18 Sep 2013 12:12:39 +0530 Wed, 18 Sep 2013 12:12:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11724 G20 has evolved into a permanent forum for global economic governance but faces challenges: an advanced-country agenda with potential procyclical bias from stricter financial norms; mission creep that dilutes focus; and slow progress on governance reforms of international financial institutions. Priority should be given to recycling global savings into infrastructure investment via coordinated action among surplus-holding governments, the private sector, and multilateral development banks. Decisions taken by the G20 must be implemented promptly, monetary policy spillovers managed carefully, and development and labour policies tailored to national circumstances with attention to skills portability and labour mobility. News - Wed, 18 Sep 2013 12:12:39 +0530 https://www.taxtmi.com/news?id=11724