We review the competing explanations of the 2007-2008 global crisis, recall how governments around the world had to … depart from established policy stances, and reflect on the legacy of the crisis both in terms of future challenges and … changes in policy doctrine. The G-20 has addressed important regulatory and macro-financial dimensions of the crisis, but it …

long-term evolution of the balance of economic weight in the world economy. Such an evolution may mitigate some flaws of …