Opinion

G20 summit is an opportunity for SA to up its game, and contribute to the global order

23 June 2019 - 00:04 By NALEDI PANDOR

The Group of 20 summit in Osaka, Japan, this week will serve as an opportunity for the world's leading developed and developing economies to reflect on the last 20 years of the G20's existence. The grouping was formed in 1999 as a result of the Asian financial crisis of the late 1990s.

The G20 economies account for 85% of global GDP, 80% of world trade and two-thirds of the world's population. One of the salient achievements of the G20 has been its endorsement of the internationally accepted standards and codes aimed at improving economic and financial transparency and strengthening financial systems...

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