G20 need to balance the demand and stimulate the growth of the co-operation

World Bank President Robert Zoellick said, G20 and the need to balance the needs to cooperate to stimulate growth and suggested the market for gold as inflation, deflation, and monetary value of expected future global reference point, and called G20 support infrastructure in developing countries , agriculture and workforce development.

Integrated Media Nov. 8 report, the World Bank (World Bank) President Robert Zoellick (Robert Zoellick), said the Group of Twenty (Group of 20, referred to as G20) Cooperation between Member States "should not be limited to balance the needs, but also should include the stimulation of economic growth ", and suggested that the market for gold as inflation, deflation, and monetary value of expected future global reference point.

This week (November 8th week) G20 Korea before the summit, Zoellick suggests the author, the leading economies should consider re-implementing improved global gold standard, to provide guidance for the exchange rate changes. The system "may need to include the U.S. dollar, euro, yen, sterling, and internationalization, and then open the capital account of the RMB."

He also said the new U.S. Congress "will need to address the structural expansion of spending and debt problems that bear the weight of future economic growth," and said the United States and China may move to stimulate economic growth to reach agreement with each other.

In addition, Zoellick called for G20 support infrastructure in developing countries, agriculture and workforce development, adding that they should "by constructing a reflection of the situation of emerging economies, monetary system cooperative program, to complement the growth and recovery plan."

Seoul, South Korea will be held November 11 to 12 at G20 summit, the market is anticipated that the summit is likely to be more exchange rate conflict.