Global Economic Leadership and the Group of Seven

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The decline of the dollar, the Mexican crisis, and sluggish global growth reveal the failure of the Group of Seven industrial nations to provide effective management of the world economy. The G-7 once played this crucial role effectively, and must do so again if future crises are to be averted and global prosperity to be promoted. This study assesses the G-7's record and the reasons for its demise. It outlines an action program that includes reforming the exchange rate regime, creating a new financial facility at the IMF to ...

Global Economic Leadership and the Group of Seven 1996, Institute for International Economics,U.S., Washington

ISBN-13: 9780881322187

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