The G-20 must get serious

The summer jitters, which brought memories from the panicky fall of 2008, have left little doubt about how fragile the recovery from the great crisis has been and how rocky the road ahead will continue to be. This should not be entirely surprising given the magnitude of the shock endured in 2008-2009. But it is also in good measure due to the failure by leaders of the major economies to deliver on key commitments to pursue coordinated action.

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