About New Rules


Adam S. Hersh, January 13, 2010
At meetings in London on April 2, 2009 and Pittsburgh, Pennsylvania on September 25, 2009, the Group of Twenty (G20) nations’ financial ministers and central bank governors agreed to an agenda—the Framework for Strong, Sustainable, and Balanced Growth—and announced a number of steps to stabilize both national and the international financial systems. This brief reviews the commitments made by the G20 countries, reviews the directives issued to the International Monetary Fund (IMF) and the Financial Stability Board (FSB) and reports on the G20’s progress in actions to stabilize and rebuild the international financial system.