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Every week sees another "make or break" summit to save the euro. This week it is the G20 in Cannes. But somehow the global markets always seem to be a step ahead. In the third programme in her series of debates about the financial crisis, Stephanie Flanders asks a panel of top economic thinkers whether the world has the institutions it needs to confront today's problems. Stephanie is joined in the studio by Willem Buiter chief economist at Citigroup, Jim O'Neill chairman of the asset management division of Goldman Sachs, and Katinka Barysch deputy director of the Centre for European Reform in London. They also discuss whether the lesson of the last few years - especially in the eurozone - is that national democracies and global markets simply do not mix. Photo: Getty
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