The G-20 Los Cabos Summit 2012: Bolstering the World Economy Amid Growing Fears of Recession

A Fragile and Fickle Recovery

A Fragile and Fickle Recovery

Eswar Prasad and Karim Foda discuss the fears that continue to loom over a world economy, which remains on life support, largely provided by accommodative central banks. They stress that the G-20 leaders must use the platform of the summit to show that they not only understand what needs to be done but also that they have a concrete plan to take the measures needed to restore growth and stability.

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