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Home > Publications > PISM Bulletin > International Financial Architecture Reform: The Case for Focusing on Implementation

International Financial Architecture Reform: The Case for Focusing on Implementation

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03 September 2013
Maya Rostowska
no. 91 (544)
At this week’s G20 summit in St. Petersburg, the leaders of the world’s largest economies will discuss the progress made on one of the group’s key priorities: reform of the international financial architecture. Since it first met in 2008 in response to the global financial crisis, the G20 has strived to create a more stable international financial system. Despite the urgency of establishing a stable global financial framework, the implementation of many reforms has been slow. Rather than develop further recommendations, these leaders should now focus on promoting the implementation of the reforms that have been agreed so far.

 


 
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