Inside the News - Edition #656

Allan Leibowitz -
Inside the News
- 27 Feb 2014 ( #656 )
1 min read
The media and some economists are already expressing doubts about the G20's recently agreed growth target of 2% over five years.
Those in the forklift industry would not be daunted by 2%. Indeed, many have achieved that in a quarter, and would be disappointed if their five-year growth was limited to a single digit.
But clearly the G20 target is a global target, for rich and poor countries, developed nations and the developing world.
The good news is that the 20 biggest economic powers have agreed to the target and the implications for their trading partners. And that has to be a good start and a $2 trillion boost.
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