Did the meeting of the Group of 20 in London last week put the world economy on the path of sustainable recovery? The answer is “no”. Such meetings cannot resolve fundamental disagreements over what has gone wrong and how to put it right. As a result, the world is on a path towards an unsustainable recovery, as I argued last week. An unsustainable recovery might be better than none, but it is not good enough.
上週的20國集團(G20)倫敦峯會是否讓全球經濟步入了可持續復甦的軌道？答案是「沒有」。這種會議不能解決各國在哪裏出了錯、如何糾正錯誤等問題上的根本分歧。因此，正如我上週提出的那樣，世界正走向不可持續的復甦。不可持續的復甦好過沒有復甦，但還不夠好。
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