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G20 SUMMIT

Inside this issue

• What central banks are doing to respond to the credit crisis

• Heavy reliance on exports is becoming Asia’s Achilles heel

See also Africa and the World 2009 and China and the World 2009 - -

Content

Harmony is main item on the agenda

No one wants tensions at the summit to spark another loss of global confidence, writes Chris Giles

Monetary easing takes a variety of forms

Krishna Guha on how the authorities are pushing beyond near-zero interest rates

Fiscal policies: Crisis measures stimulate demand – and tension

Chris Giles on the wrangles over the size and type of tax cuts and increases in public spending

Asia: Engine of growth begins to sputter

David Pilling on how reliance on exports has become an Achilles heel for the region

The US and China: A close – but complex – relationship

Daniel Dombey on two nations that cannot deny their mutual dependence

World economy: Bright spots hard to find as disaster unfolds

Chris Giles explains why forecasters find themselves struggling to keep up with events

Can Obama make the difference?

In his account of the ill-fated London economic conference in 1933, the author HG Wells described how the world looked to Franklin Roosevelt, the US president, as the “last hope for mankind”.

Successful summit is a must for Brown

The UK prime minister has thrown himself into preparations for the London meeting with almost missionary zeal, writes George Parker