The Financial Times will launch a special report on ‘G20: Pittsburgh 2009.’ The report will be published in all global editions of the FT on Thursday 24th September 2009, to coincide with the start of the summit.
As talk of economic recovery becomes more commonplace in economic discourse and media headlines today, the world economy remains in an undeniably fragile state. Global economic coordination is as vital as ever to combat the effects of soaring unemployment rates, record deficits and use of unorthodox monetary policies. This means that the economic and historical significance of September’s G20 meeting will be truly paramount, especially as the summit must devise a worldwide exit strategy that includes solutions not only to financial stress but also to longstanding global imbalances.
Chrystia Freeland, US Managing Editor, said: “Policymakers and citizens worldwide will look to this September summit for signs that the international community is committed to overcoming times of economic hardship through strategic policies coupled with enhanced coordination. President Obama’s selection of Pittsburgh as the site for the 2009 assembly carries another layer of significance as the city has come to symbolize both economic downfall and recovery.”
The report will include the following features:
A subsection on the City of Pittsburgh, including its urban landscape, deep cultural and economic connections to sports, and its efforts to transform itself from a rust belt capital to a rising center of education, finance, biotech, healthcare, green technology and other industries
An exploration of new priorities that have come to define economic policy of 2009, including fiscal stimulus, consolidation and coordination
An analysis of global monetary policy as risk of inflation and deflation continue to mount
A fresh evaluation of financial regulation in light of the crisis, with particular focus on whether these measures are supporting or hindering economic growth
The role emerging powers will play in this year’s summit and whether the shift in world politics toward countries like China and India will be permanent
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For more information on this and other Financial Times special reports, go to www.ft.com/reports
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