Global Economics Update: G-ometry Test
May 16, 2012
This is a season for summitry. Between the spring equinox in March and the summer solstice in June, President Obama will participate in no fewer than six international gatherings with his peers, from the Nuclear Security Summit in Seoul, Korea, to the G-20 Summit in Los Cabos, Mexico.
For those concerned about the fragility of the global economy, two of the remaining events bear special attention: the G-8 Summit at Camp David on May 18–19 and the G-20 gathering precisely one month later. Neither is likely to produce dramatic breakthroughs, but each should make its own
contribution to reducing immediate risks to global growth and laying the groundwork for longer-term prosperity