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FLOP SHOW: World leaders at the G20 summit. Pic/AFP |
For all the talk of action and history-making change, some experts said the outcome was disappointing.
"This is plain-vanilla stuff they could have agreed on without a meeting," said Simon Johnson, an economist at the Massachusetts Institute of Technology.
"The issues discussed such as credit rating agency reform were already studied," said Tim Ryan, President of Securities Industry and Financial Markets Association.
'Zimbabweans responsible for inflation'
Zimbabwe's Reserve Bank Governor Gideon Gono said ordinary Zimbabweans are to be blamed for the country's crippling inflation. The country's inflation rate is 231 million per cent, the highest in the world.






