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What is G20 Summit: Progress and Challenges about?
Manmohan Singh advocated for developed countries to invest their surpluses in infrastructure projects in developing nations rather than low-yield bonds. While leaders publicly endorsed the G20 summit, commentators noted limited progress was made on currency wars and trade imbalances as leaders failed to agree on key issues. The G20 did agree to work on guidelines setting limits for current account surpluses and deficits by 2011 and endorsed the Seoul Development Consensus framework for cooperation with deve
- Author
- Yash Rajgarhia
- Language
- EN