World Bank head says stimulus alone won't fix economic crisis
Tuesday, March 17, 2009
Warning that 2009 will be a "very dangerous year", he said state stimulus alone would give only a short-lived economic boost that would soon evaporate unless credit flowed again.
"The danger now is doing too little, too late," Zoellick told reporters in London as G20 finance ministers and central bankers gathered in southern England ahead of a leaders' summit next month. "Incrementalism will prolong and increase risk.
It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...