Go to the Globe and Mail homepage

Jump to main navigationJump to main content


Little attention is being given to G20 economic pledge Add to ...

Subscribers Only

Tired of lacklustre economic growth, the finance ministers of the Group of 20 nations earlier this year tried to recapture some of the old magic of their epic struggle against the Great Recession.

In an echo of the co-ordinated fiscal stimulus the G20 deployed to avoid a global depression, the members of the 2014 roster said they would implement new policies that would raise the current trajectory of the group’s combined gross domestic product by 2 per cent over five years. They said they would review progress in September, when ministers and central bankers are scheduled to meet in Cairns, Australia. The International Monetary Fund and the Organization for Economic Cooperation and Development were charged with delivering the report card.

Report Typo/Error

Follow on Twitter: @CarmichaelKevin

Next story




Most popular videos »

More from The Globe and Mail

Most popular