The G-20 played a key role in averting a global depression but the IMF has greater overall legitimacy.
Latest articles from Viewpoint
Africa's worthwhile challenges
May 28, 2010Banking in Africa faces major challenges but the outlook is compellingly positive for players who are committed to investing in the continent's growth.
Matching rhetoric with action
May 5, 2010The case for economic integration in Africa is clear: the 53 economies within the continent simply cannot compete in the global economy if they stand alone.
Getting to grips with EU financial supervision
March 31, 2010The global financial system needs better supervision, but this should not come at the expense of local regulatory expertise and participation in decisions that affect individual countries.
How technological evolution can help the post-crisis world
March 3, 2010The recent management reshuffle at business software maker SAP led to the departure of the chief executive Leo Apotheker. His replacement as one of two co-CEOs, former head of product development, Jim Hagemann Snabe, gave his view of the post-crisis world in an interview with The Banker's editor Brian Caplen at Davos just before the announcement of his promotion.
Russia's ambitious plan for economic reform
February 1, 2010The economic advisor to the Russian president explains why he is cautiously optimistic about the country's economic prospects for 2010. Interview by Philip Alexander.
Reaching consensus on how to fail and how to avoid failure
December 30, 2009An internationally agreed upon bankruptcy code, a global regulatory framework that allows banks to grow, less reliance on technology and a stronger focus on risk management are the key actions that must be taken in light of the past two years. Interview by Silvia Pavoni.
The social business of Brazil's enterprises
November 27, 2009Luiz InĂ¡cio Lula da Silva, president of Brazil
Brazil is widely tipped for economic greatness. Its leader revealed the vision behind the country's moves to growth during a keynote speech at a recent Financial Times investment conference.
Mapping out a new role for the G-7
October 28, 2009James Flaherty, finance minister of Canada
With the rise of the G-20, some commentators have written off the G-7. Canada's finance minister James Flaherty dismisses this idea. He spoke to Brian Caplen at the IMF/World Bank meetings last month.
Muted crisis impact has Bahrain thinking ahead
October 5, 2009H E Rasheed Al-Maraj, Governor, Central Bank of Bahrain
The malaise that has hit the world's economies has left Bahrain relatively unscathed, leaving the country to concentrate on its Islamic finance offerings.