What is happening to our global financial architecture? In preparation for next month’s Group of 20 meeting, finance ministers headed by the US have suggested a new, overarching principle for trade relations. Surpluses and deficits are to be reined in as a share of national income, forcing chronic deficit nations to raise domestic savings and excessive exporters to increase domestic demand. The proposal amounts to a radical new rule for global development. It also entails unprecedented G20 authority. Its apparent rejection underscores the challenge of new, multilateral bodies imposing governance on long-standing convention.
我们的manbetx app苹果 金融架构怎么了？在筹备下月20国集团(G20)峰会的过程中，以美国为首的各国财长针对贸易关系提出了一项新的最高原则。盈余和赤字占国民收入的比例将受到控制，从而迫使长期赤字国增加国内储蓄，过度出口国扩大内需。该提议实际上是一项manbetx app苹果 发展的全新规定。它还会赋予G20空前的权力。这项提案遭到明显抵制，突显出新的多边机构在对长期存在的惯例进行治理方面面临的挑战。