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Africa: The G20 Was Built to Stabilise the World's Economy - but It's Failed On Climate, Debt and Inequality
The G20 has focused on preserving capitalist financial systems, leaving African countries with nearly one-third unemployment and increasing debt burdens, experts say.
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Africa: The G20 Was Built to Stabilise the World's Economy - but It's Failed On Climate, Debt and Inequality
Analysis - The Group of Twenty (G20) emerged from the financial turmoil that followed the collapse of the Thai currency in 1997, which rapidly spread financial instability from Thailand to the rest of Asia.
·South Africa
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The G20 was built to stabilise the world’s economy – but it’s failed on climate, debt and inequality
The Group of Twenty (G20) emerged from the financial turmoil that followed the collapse of the Thai currency in 1997, which rapidly spread financial instability from Thailand to the rest of Asia. At that time, the finance ministers and central bank governors convened to forge a strategy to stabilise the global economy and prevent future crises. Their aim was to set up a forum to maintain global economic stability. The G20 today is a voluntary in…
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Total News Sources2
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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