Bush Aides See Specific Steps by G-20 to Aid Growth.

Nov 13, 2008

U.S. officials predicted leaders from the world's most powerful economies will take specific steps to fight the financial turmoil and global recession at crisis talks this week.

In advance of the unprecedented summit in Washington of leaders from the Group of 20, President George W. Bush's international economics adviser, Dan Price, played down differences that have emerged among the governments over how best to protect growth and avoid a repeat of the credit crunch. [...]

"There's very limited ambitions in terms of actual policy change," said Steve Schrage, a former trade and economic adviser in Bush's administration now at the Center for Strategic and International Studies in Washington.

Read the article