G8 Summit and the International Economic Crisis: Shocks, Summits, Solutions

The global economy is teetering, just as the G8 leaders meet next month in Japan. In the west, the decade-long boom in readily- available money to borrow has turned into a credit bust, with an unexpectedly sharp vengeance. In poorer countries, rising food and fuel prices have produced riots and undone most of the benefits of increased aid to Africa. Even in China, concerns about inflation are rivalling those over Olympic protests. Will the G8 summit rise to the economic challenge?

The World Today Published 1 June 2008 Updated 15 October 2020 4 minute READ

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