How can the G20 remain relevant?
still lacks a framework for strong and sustainable growth, and member states have yet to introduce reforms to achieve the growth target set by finance ministers. One structural reform that could drive global growth is substantial infrastructure investment in developing and developed countries alike. However, no G20
leader has seriously articulated this need, let alone lobbied for a solution. In this blog for the World Economic Forum
, Wayne Swan suggests that G20
governments, especially those with strong balance sheets, should call for large-scale public and private infrastructure investment to expand the productive capacity of member economies.http://forumblog.org/2014/09/g20-brisbane-meeting-global-economy/