G-20: Fact Sheet on Sustainable External Imbalances and Orderly Global Adjustment

Washington, D.C.–(ENEWSPF)–November 12, 2010.  G-20 Leaders today launched the Seoul Action Plan, outlining their commitment to pursue the policies needed to deliver a strong, durable recovery that is not weakened by return to past imbalances.  Unleashing domestic demand in surplus countries can support strong global growth as deficit countries increase savings and repair balance sheets damaged by the crisis.  This will lead to a more balanced pattern of global demand – and therefore a more…