Economic update released on December 22, 2011 by Hudson Senior Fellow and Director of the Economy Policy Studies Group Irwin Stelzer.
Caption
Turkey's President Tayyip Erdogan, Japan's Prime Minister Sanae Takaichi, and Indonesia's Vice President Gibran Rakabuming Raka during the G20 Leaders' Summit in Johannesburg, South Africa, on November 22, 2025. (Getty Images)