On Monday 5 September, at their 11th summit, held in Hangzhou (China), the world's 20 largest economies undertook to make use of all the macro-economic policy instruments available to them in order to tackle the downturn in global growth.
"The leaders of the G20 of the principal global economies agreed to make use of many instruments, including budgetary and monetary policy, as well as structural reforms to tackle the short-term risks", said Chinese President Xi Jinping in a statement at the...