G-20 Summit: Does the developing world hold the key to building a stronger global economy?
Jun 26th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The G-20 Toronto Summit (June 26/27) will focus on recovery from the global economic and financial crisis. While high- -income countries have been languishing in the worst recession since the 1930s, China and India have continued to power ahead. This is not a single standalone event, but a sign of an important structural transformation in the global economy, a process we call ‘shifting wealth’.