World economies pumping public money for global stimulus
President Obama’s economic adviser Lawrence Summers is urging world leaders to pump more public money into their economies. This global move would be part of a coordinated effort to lift the world out of recession. Joining The Takeaway to discuss the possibility of a so-called “global stimulus” is Raymond Torres, the director of the International Labour Organization.
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!