The World Economy: Bottoming Out or a Respite before the Next Crunch?

There are three questions on the table for policymakers of the Group of 20 countries, the group that has become the de facto agenda-setting body for the world economy. What needs to be done in the short run to secure the recovery? What are the medium-term risks that such policy stimulus measures could create? What does all this bode for global macroeconomic and financial stability?

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