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MacroScope

Shining a light on the dismal science

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15:48 October 12th, 2008

Seven is enough

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Posted by: Corbett B. Daly
Tags: MacroScope, , , , ,

John Taylor, former Treasury Undersecretary of International Affairs in the Bush administration, says more countries need to be involved in decision making about the financial system, but “we already have the G20,” referring to the Group of Twenty leading economies.

Italian Finance Minister Giulio Tremonti says Italy will push for broadening membership in the Group of Seven when it takes over leading the rich nations’ club next year.

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