Feb 21, 2013

Avoiding a currency war

The Group of 20 ministers' communique urges member countries, including Japan, to avoid actions aimed at lowering the value of their currencies.

Jun 24, 2012

Taming the danger from Europe

The leaders of the Group of 20 major economies, at their June 18-19 summit in Los Gabos, Mexico, adopted a declaration emphasizing the need to resolve the European financial crisis, among other things. The declaration in part said that “Euro Area members of the ...

Mar 27, 2012

The cracks in the BRICS

by Brahma Chellaney

As it prepares to hold its latest annual summit in New Delhi on March 28-29, the BRICS grouping — Brazil, Russia, India, China, and South Africa — remains a concept in search of a common identity and institutionalized cooperation. That is hardly surprising, given ...

Jan 9, 2012

Variable economic winds

As the Japanese economy greets the new year, overcoming the long period of deflation that has suffocated consumer spending and corporate investment should be the main goal of the government and the private sector. Firms can expect tailwinds from a rise in demand due ...