The G20’s Growth Promise: Can They Deliver?
Last weekend’s meeting of G20 finance ministers and central bank governors in Sydney racked up some notable achievements. The most important was an agreement by the assembled governments to increase global growth by two percentage points over the next five years and to submit detailed national action plans to bring this about. At the same time, the gathering reminded observers how difficult it is to hold G20 members’ feet to the fire to ensure the timely fulfillment of their commitments. Read more »