The Global Economy: Finding Common Ground Between National Interests and Global Stability | Centre for International Governance Innovation | Centre pour l'innovation dans la gouvernance internationale: "With the G20 in agreement that fiscal stimulus will shift to fiscal consolidation over the medium term, the question of how to address the risk of another downturn in global demand will be on everyone’s mind during the G20 summit in Seoul.
In this context, there has been a recent focus on the risk that currency market swings could result in competitive devaluations and protectionist measures. Such actions could deal a serious blow to the hope for a strengthening global economy."
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