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Saturday, April 16, 2011

United States officials hope that the countries listed the G20 this week economic imbalances

United States senior Treasury officials on Tuesday (12th), the Group of 20 (G20) hopes this week in the development of definitions there has been progress on the policy of economic imbalances and will list the problem most rapidly in several countries.

the official briefing reporters said: "I really want this process to and from the States included in lists of which countries will be the focus of the second stage of analysis. "

G20 is working on the" guiding principles ", used to detect some imbalances like excessive trade deficits or surpluses, next to for them to develop policy recommendations.

the official said this week's meeting will focus on the first phase of the process, that is, defining terms of imbalance.

next phases are expected to commence later this year, focused primarily on further analysis of those countries that were defined as having important systemic imbalances, take this possible countermeasures.

G20 will meet on Thursday and Friday. G20 meeting is the use of the International Monetary Fund (IMF) and the intermittent time of half of the World Bank annual meetings held.