5America First and the global architecture1

In 2008, the global financial crisis forced G20 leaders together in a crisis-fighting endeavour the scope and breadth of which had not been seen in 70 years. Actions by governments and central banks acting collectively and individually, addressing institutional, economic, fiscal, monetary and regulatory crisis management swiftly followed by reform endeavours in 2009 and beyond assured the Great Recession of 2008–2009 would not become a second Great Depression. ...

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