The following is an excerpt. To view the full article please visit the link below
As CIGI’s Kevin Carmichael observed yesterday, the IMF’s message this year was there should be no more excuses, and that more forceful and comprehensive co-operation between countries was needed to meet economic challenges.
But, collectively, G20 countries aren't changing economic course quickly enough and there remains a disconnect between those who can spend (but won’t), and those who can’t. As a result, the low growth, high unemployment and mounting risk scenario will likely endure.
* * *