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G-20 Should Think Twice About Increasing IMF Funding Without Reforms
Wednesday 25 March 2009
by: Mark Weisbrot
Visit article original @ The Center for Economic and Policy Research

The G-20 summit meeting in London on April 2nd will have a lot on its plate and will certainly fall short of expectations. [The G-20 expands the G-8 countries of Canada -- France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States, to include Argentina, Australia, Brazil, China, India, Indonesia, Mexico, Saudi Arabia, South Africa, South Korea, Turkey and the European Union]. There is a world recession, the worst for more than 60 years, and the immediate problem of how to get out of it through fiscal and monetary stimulus, as well as possible coordinated action to fix the global financial system. Then there is regulatory reform. And sadly, last on the agenda is aid for the poorest countries - who through the drying up of credit, shrinking exports, and falling commodity prices - pay the biggest price in human terms for a disaster caused mainly by the richest people in the richest countries.'
Lees verder: http://www.truthout.org/032609M