June 18, 2012

The Gospel of Growth

Julia Gillard & Lee Myung-bak, Project Syndicate

AP Photo

Almost four years after the start of the global financial crisis, the world economy remains fragile and unemployment is unacceptably high. There are roughly 200 million unemployed people worldwide, including nearly 75 million young people. Growth is weakening in many countries, risks are mounting, and uncertainty has intensified, owing especially to events in Europe. Only swift and sustained recovery can stem the rise in the human cost of economic stagnation.

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TAGGED: G20, G-20, Australia, South Korea, Lee Myung-bak, Julia Gillard

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