Policy implementation and effectiveness

*Bold and wide-reaching policy measures implemented by G-20 economies have helped stabilize confidence, limit the threat of further financial instability, and provided an impetus to economic growth.
*Policymakers must, however, avoid becoming complacent, and should move rapidly to implement policies already proposed. Most notably, greater progress needs to be made in recapitalizing viable banks as needed.
*Considerable fiscal stimulus remains in the pipeline through 2010 for the G-20 as a whole, and should be implemented expeditiously to maximize the impact on growth and employment.