In a historic summit, leaders of the G-20 countries gathered in Washington for an emergency meeting on November 15 to discuss the global financial crisis. What will be on the agenda and what can be accomplished given the American presidential transition and diverging views among G-20 leaders about how to fix global finance? Will there be reform of the Bretton Woods institutions and governance structures?
On November 14, Global Economy and Development at Brookings hosted a preview discussion of the G-20 summit. Panelists included Brookings’s Senior Fellows Colin Bradford, Eswar Prasad and Wing Thye Woo. Brookings’s Managing Director William Antholis provided introductory remarks and moderated the discussion.
“The 21st century has revalued these small geographies. That’s what the 21st century demands,” Katz said, noting that these days, “[w]e aren’t innovating in isolated business parks” in the suburbs.