G7 Charlevoix Summit: Achieving Growth that Works for Everyone

Over the last half century, the world’s leading economies have succeeded in large part due to the efforts of a large and growing global middle class – optimistic women and men who believed that with hard work they could get an education, find a good job, and build a better life for themselves and their families. As a result of the hard work of citizens, bolstered by supportive government policies, the global economy has, after 10 years, mostly recovered from the global economic downturn of 2008. Growth is strengthening in G7 economies, with real GDP now advancing well beyond pre-recession levels in most of our countries and unemployment on a clear downward path.

Despite this robust recovery, G7 economies continue to face many of the challenges that existed in the decades leading up to the crisis – in particular, the failure of advanced economies to ensure that the benefits of economic growth accrue equally to all
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