In this month the G20 – at the level of the Ministers and Governors in São Paulo and then at the level of the Heads of State or Government in Washington – has adopted a concerted action plan with several dimensions, such as strengthening transparency and accountability, enhancing regulation, promoting integrity in financial markets and strengthening international cooperation.
The start of the year has seen three broad developments that corroborate this view. From pandemic to endemic? First, there are growing signs that the fast spread of the Omicron variant may bring forward the transition towards an endemic equilibrium.