Greatest challenge to world economy in modern times

We face the greatest challenge to the world economy in modern times; a crisis which has deepened since we last met, which affects the lives of women, men, and children in every country, and which all countries must join together to resolve. A global crisis requires a global solution.

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The G-20 London Summit 2009
G-20 Summit Communiqué
Greatest challenge to world economy in modern times
Growth must reflect interests of future generations
OECD forecasts 2.7% global economic contraction in 2009
Open market economy only sure foundation for growth
To be sustained growth has to be shared
Additional $1.1 trillion recovery programme
Restoring growth and jobs
Strengthening financial supervision and regulation
Strengthening our global financial institutions
Resisting protectionism and promoting global trade and investment
Ensuring a fair and sustainable recovery for all
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