The world's dominant economies have reached a compromise deal on how to track imbalances in the global economy that have been blamed for exacerbating the financial crisis, French Finance Minister Christine Lagarde said Saturday.
Finance ministers and central bank governors from the Group of 20 rich and developing countries managed to get China to agree on a list of yardsticks for imbalances, by softening the criteria for measuring current account surpluses.
Finance ministers and central bank governors from the Group of 20 rich and developing countries managed to get China to agree on a list of yardsticks for imbalances, by softening the criteria for measuring current account surpluses.
