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E-mail ID will not be published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.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

EDITORIAL OF THE DAY

  • To die with dignity is an inalienable part of right to life

    The death of Aruna Shanbaug this week has again brought the long-standing euthanasia debate to life.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Urs Schoettli

China looks to India for balance

Almost a third of the total world population lives in ...

Zehra Naqvi

Love and its stories

People must have bread. They can live without stories. No, Hameeda, ...

Dharmendra Khandal

Tiger in urban landscape

Ranthambhore is in a no-win situation. Just a few days ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture