The global economy is recovering faster than expected, but the financial repair is 'critical' to global economic recovery, the Group of 20 industrialized nations said in a communique.
Recovery from the world financial and economic crisis is weak and uneven, according to a United Nations report released here on Wednesday.
Chinese economists on Tuesday said the world economy is not out of the woods yet, despite the recent bailout package for Greece and the surging capital markets.
The head of the IMF said China and other developing Asian economies are leading a global recovery that is faster and stronger than expected, but warned that money rushing into emerging markets could lead to asset bubbles.
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