The just concluded G20 summit in London has underscored the seriousness and complexity of our global economic challenges, but also the determination of member governments to address these vexing problems. Discussions were focused, concrete outcomes resulted and there is room for optimism. &...
The meeting this week near London of finance ministers of the Group of 20 (G-20) nations underscores the great seriousness of the global recession. For months, the world economy has witnessed steadily declining equities and frozen credit markets. The recession is now clearly comprehensive in glob...