29 September 2009

The IMF, G20 And Legitimacy.

BASELINE SCENARIO/Simon Johnson/
"... who elected the G20? The answer is: No one. And, in case you were wondering, there is no application form to join the G20 (although you can crash the party if you have the right friends, e.g., Spain). The G20 has appointed themselves as the world’s “economic governing council."