The G20's top points of contention

The Group of 20 faces a lot of heat each time it gathers. Streets swell with protesters and clashes with police often end in property damage and violence. But the contention doesn’t end at the doors to the meeting rooms. Within the G20, there are some significant divides on key trade issues.

1. Spend or save?

  • close
    Pedestrians cross the main street in front of the venue of G20 Summit on Nov. 10, in Seoul, South Korea. Twenty world leaders will come together in Seoul Nov. 11-12 to discuss the state of the global economy as it emerges from the financial crisis.
    View Caption
  • About video ads
    View Caption
of

At recent G20 gatherings, world leaders have had heated discussions about whether additional spending or austerity plans are the answer to global economic problems. But as the Financial Times notes, two of the last voices on the G20 stage to encourage more spending, are likely to be quieter this time around. Britain and the US have become more frugal – particularly Britain, which passed sweeping spending cuts a few weeks ago in order to slash at its mounting deficit. The International Monetary Fund could be hurting for allies on spending this time around.

1 of 5

Read Comments

View reader comments | Comment on this story

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK