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E-mail ID will not be published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

  • Bureaucrats have enjoyed flying miles at taxpayer expense for too long

    The beleaguered Indian taxpayer will certainly applaud prime minister Narendra Modi’s attempt to deliver on his promise of cutting down fiscal defic

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

Varun Dutt

<b>Riskfactor</b>: CHAIN REACTION

A domino effect is the cumulative effect produced when one ...

Zehra Naqvi

Rememberance and forgetting are crucial

Memories are so vital to our lives that they can ...

Dharmendra Khandal

Sandalwood may get extinct if not protected

When we talk of sandalwood, the most common usage that ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture