The G20 will meet in Brisbane in November and hopes that this summit will be the last meeting where the financial services regulatory reform agenda will have a front row seat. The number one item on the agenda for the G20 is strategies to stimulate growth, focusing on investment in infrastructure, trade, competition, and employment, i.e. jobs and growth.
As the G20 shifts its attention from fixing the problems of the last financial crisis to jobs and growth, the Brisbane Summit provides an opportune moment for policy-makers to reflect upon two key questions for regulatory reform: how can we maximise the contribution of the financial sector to jobs and growth, and has the regulatory reform agenda gone too far? The world economy may have stabilized, but it remains fragile.
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