When world leaders gathered in April to coordinate action on the international economy, it was in shambles. Billions of dollars in government spending and financial bailouts later, it’s on the road to recovery.
The challenge facing leaders gathering here today for the third summit in less than a year is to stay the course rather than declare victory and reverse it, U.S. officials and outside experts say.
“Pittsburgh is not intended to be a victory lap,” says Michael Froman, deputy national security adviser for international economic affairs. “We may have come back from the brink, but I don’t think people are at all complacent about where we are.”