G-20 Leads on Global Economy, but Reform Plans Lag at IMF and World Bank

The big headline from Pittsburgh was the official recognition of the G-20 as the main grouping on global economic issues, eclipsing forever the nearly four-decade-old role of the G-7/8. But insiders can only be disappointed, writes CGD president Nancy Birdsall, by the contrast between the ascendancy of the G-20 and the timidity of planned reforms at the Bretton Woods institutions to make them more inclusive and representative.

READ THE BLOG AND COMMENT