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G-20 plans still short on substance

Economic growth, Financial Events, Leverage
By Paul Hodges on 17-Mar-2009
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The G20 represents over 85% of the world’s economy. And there is certainly no shortage of major issues for government leaders to discuss when the G20 meets next month in London.

But the blog is not over-hopeful about their ability to make things happen. In November, the G20 promised “concrete policy outcomes” from its meetings. But the rather bland weekend communiqué from the preparatory meeting of finance ministers suggests there is still little of substance behind the words.