Cooperation key to recovery

Looking for internal driving forces for economic recovery and improving the global economic governance are two important tasks for the international community. But it requires sober judgment, clear objectives, strong leadership and mutually beneficial cooperation to address the risks and uncertainties facing the global economy, says an article in People's Daily.

Pessimism prevailed at the just-concluded World Economic Forum meeting in Davos, where the general view seemed to be that the difficulties confronting the world are similar to those following the financial crisis in 2008.

Two of the biggest risks now are the growing unpredictability and the increasingly different situations and policies of individual economies.