At the next Meeting of Finance Ministers and Central Bank Governors, ahead of the G20 Summit in Seoul this November, we will in addition do our utmost, as joint chair, to facilitate meaningful and practicable agreements regarding the principal agenda items.
Moreover, with lower costs of financing new equipment and structures, businesses may be inclined to increase their own spending on investment projects that they might previously have seen as only marginally profitable. In the near term, firms can meet increased demand by resorting to temporary and part-time workers, but over time they have strong incentives to increase the number of regular full-time employees.