Other officials expressed fears that governments would increasingly lean on central banks, which have often been the heroes of the fragile global recovery in the past two years, instead of taking action themselves.
However, in many ways it was business as usual at Davos, with world leaders huddling in private and corporate deals sewn up on the sidelines, such as a US$10 billion shale gas deal between Ukraine and oil giant Royal Dutch Shell.
Even a noisy protest yesterday by three topless, pink-flare-waving women from a Ukrainian feminist group failed to shock — they had targeted Davos the previous year too.
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