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Davos

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di kap
il 03 February 2009

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The world’s business and government leaders only have a short time to develop effective solutions to the current economic crisis, participants at this year’s World Economic Forum Annual Meeting were told. The message from the Annual Meeting is that leaders must continue to develop a swift and coordinated policy response to the most serious global recession since the 1930s: global challenges demand global solutions.

Business

davos economy business poor

Commenti (2)

Member

funny..!

samir alramahi, il 28 November 2009 segnala post rispondi applause 0

Member

the answer comes from classical economics. the economy will have to self-correct. prices and wages will have to come down to reflect the marginal product of labor. i've seen evidence of wage flexibility in the data. thanks for making my day start off right.

dogbreath, il 04 February 2009 segnala post rispondi applause 0