G20 to discuss policy coordination on emerging market unrest

Tags: G20, Economy
Policy coordination in response to the recent turmoil in some emerging markets will likely be among the main topics for discussion at this week's meetings of G20 policymakers, South Korea's Ministry of Strategy and Finance said on Monday.

Finance ministers and central bank chiefs from the Group of 20 major economies will meet in Sydney, Australia, on February 22-23.

Bond, currency and stock markets in developing countries have swung wildly in recent months as the US Federal Reserve's tapering of its quantitative easing programme and concerns about a rapid slowdown in China spooked investors.

The South Korean finance ministry also said in a statement the G20 will discuss how to proceed with the International Monetary Fund quota reforms after the US Congress rebuffed a spending bill required to pay for the planned changes in January.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Faith is the opium of the masses, so Indians get addicted

    India is a nation of 1.27 billion. Let that number sink in, with all its zeroes. That’s a lot of people.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

M S Swaminathan

Public good research in agriculture

Public good research in agriculture is designed to promote risk ...

Zehra Naqvi

To hell and back

Here is a book that makes you wish there were ...

Bubbles Sabharwal

When your real & reel life heroes are the same

ALL the world’s a stage and we all are merely ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture