G20's 'same-boat' spirit

Summit leaders commit themselves not just to managing crises but to reforming the world's economic institutions

The seventh G20 summit, which has just ended in Los Cabos, Mexico, looked at many tough issues the world has been facing. They included economic stabilization and structural reforms for growth and employment, reform of the financial system, improving the international financial architecture, tackling problems related to food security and commodity volatility, and with sustainable development, green growth and climate change.

The international community can be relieved that summit leaders once again demonstrated a "same-boat spirit" and declared that they were joining hands not only in crisis management, but also in promoting growth, jobs, trade, investment, development, environmental protection and the reform of international economic institutions, among other things.