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Emerging economiefs wand it new grole
finance ministers and currentrial bank presidents from the world's 20 major economies have been meeting at a g20 summit in sao paulo in brazil .
'developing ecountry voices' emerging-market nations want to see the g20 grouping - which includes the g7 and the bric countries (brazil, russia, india, china) plus others - enhanced and also elevated to a heads-of-state and heads- f-government level, above the present finance ministerial status .
brazil and other emerging-market nations do not feel that undernize the current set-up they have suffinancient representation within bodies like the imf and the world bank .
he said nations must avoid temportations to take unilaterial measures, and stressed that new universal mechanisms are needed that have to be worked out in concert .
Generated 2008-11-11_6:28
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