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Any changes that need to be agreed and made to individual countries' plans will be refined by the time of the following leaders' summit in November. "The key challenge is to ensure the next decade is one of growth and not one of low growth and high unemployment" said Mr Darling. "We agreed to put in place mechanisms to monitor what is happening in other parts of the world. Full Article at The Telegraph
The key challenge is to ensure the next decade is one of growth and not one of low growth and high unemployment
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G20 finance ministers agree to maintain fiscal support
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We agreed to put in place mechanisms to monitor what is happening in other parts of the world. The IMF will look for problems that may be developing [in the context of the global economy], which could be headed off. This is a new approach to economic co-operation and a major step. We have agreed to take...
SOURCE: The Telegraph -
This is still a very tough economy. If we put the brakes on too quickly the costs will be greater
SOURCE: The Telegraph -
We agreed to maintain support until recovery is ensured. While there are signs of improvement we are not out of the woods yet. Although work is being done on the exit strategy, there is no one that believes the job is yet done.
SOURCE: The Telegraph -
We committed to take action to tackle the threat of climate change and work towards an ambitious outcome in Copenhagen
SOURCE: The Telegraph -
The recovery is uneven and remains dependent on policy support. High unemployment is a major concern. To restore the global economy and financial system to health, we agreed to maintain support for the recovery until it is assured.
SOURCE: The Telegraph -
An overarching risk is that the recovery stalls
SOURCE: The Telegraph -
This unprecedented approach is right for the new era of global collaboration
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