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The article reports that the Group of 20 (G20) members have reached an agreement on indicators for measuring global economic imbalances during the meeting attended by G20 finance ministers and central bank governors in Paris, France in February 2011. The compromise defined debts, deficits and private savings as internal indicators, and considered trade balance and net investment income flows as external indicators. Reform of international monetary system is also discussed.

The article discusses the highlights of the 40th World Economic Forum held in Davos, Switzerland on January 27 to 31, 2010. 2,500 leaders from around the world participated in the event whose theme of "improving the state of the world: re-thinking, re-establishing and re-construction," aimed to establish a sustainable recovery solution for the crisis. The term "new normal" was mentioned as a key term in the forum which reportedly alludes to a different financial system and stricter regulations.