IMF Tokyo Meetings Show World Leadership Gap, Korea’s Bahk Says
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Financial chiefs failed to agree on how to address global economic challenges at International Monetary Fund meetings in Tokyo, showing the world lacks leadership, South Korea’s finance minister said.
“Ministers discussed a short-term response for the global economy, but their opinions weren’t harmonized in one direction,” Bahk Jae Wan said in remarks to reporters yesterday embargoed for today, the last day of the IMF gathering. “The world has a leadership problem.”