The global credit crisis of 2008-09 was the most serious shock to the world economy in 80 years. It was for the world … fragility of global markets, it raised troubling questions about the operation of the 21st-century world economy. It cast doubt … facto steering committee for the world economy, displacing earlier advanced-country-centered groupings, notably the Group of …

are notable in Central and Eastern Europe, while the index has shown much smaller rises in most other parts of the world …