|In the most recent meeting of representatives from the world's most
prominent economies (responsible for about 85 per cent of the global
wealth), a target was set of raising the economic growth rate by at
least two per cent before 2019, which equates to some US$2 trillion.
success of this relies on the creation of new jobs, with early
estimates showing that it could end up totalling tens of millions the
world over. A case study presented to the G20 shows that the UK is a
strong driver of this growth, along with the US, Japan and China.
can be done, though, as a statement from the G20 explains: "We commit
to developing new measures in the context of maintaining fiscal
sustainability and financial sector stability, to significantly raise
Cited by ibtimes.co.uk, it adds: "We will develop
ambitious but realistic policies with the aim to lift our collective
GDP by more than two per cent above the trajectory implied by current
policies over the coming five years. This is over US$2 trillion more in
real terms and will lead to significant additional jobs."