Following on from VoxEU’s great book for the recent G7/8 summit (which I reviewed here, is available for browsing as HTML and PDF) comes their dummies guide analysis of issues facing the G20 summit on 2008-11-15: "What G20 leaders must do to stabilise our economy and fix the financial system"
The new effort is available for browsing individual papers here or as a downloadable PDF.
As before, the recommendations aren’t unanimous – with two papers putting arguments for a new Bretton Woods, and one opposed.
Two of the four key points in the consensus wrapper are as follows:
- Start thinking outside the box about longer term reforms.
- Above all, do no harm.
(Yeah, well, both of those are tricky things for populist politicians!)
One of the papers (written by a former IMF Chief Economist) has among other things, a recommendation I doubt will be even discussed: