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The G-20 Los Cabos Summit 2012: Bolstering the World Economy Amid Growing Fears of Recession
Report | June 8, 2012
By: Homi Kharas
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Homi Kharas
Senior Fellow and Deputy Director, Global Economy and Development, Development Assistance and Governance Initiative
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The G-20 Has Disappointed on International Financing
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Homi Kharas contends that to date the G-20’s focus on the international financial architecture has largely been concerned with stability issues rather than growth. Kharas maintains that in order to strengthen and sustain global growth the G-20 should urgently consider whether the existing institutional structure is adequate for promoting the huge flows of capital that developing economies need for critical infrastructure investment.
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