Monday, February 24, 2014

G20 pledges to add $2 trillion to global economy

http://money.cnn.com/2014/02/23/news/economy/g20-meeting/index.html?iid=SF_E_Lead

The 19 richest nations in the world and the European Union plan on adding 2 trillion dollars to the world economy, through policy making. The idea is to support global growth. Experts are both supportive and skeptical at the same time. Structural reforms is said to be the main driver behind this plan. Also Citi's Steven Englander noted, "The policy of choice appears to be infrastructure investment financed by the private sector, but encouraged by tax incentives,"

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