"The global economic outlook remains fragile and uncertain. Global economic imbalances persist and we must address them or risk future instability"

This quote by Julia Gillard speaks with the present state of the worldwide economy. She acknowledges that the outlook is fragile and uncertain, which global financial imbalances still exist. These imbalances are a major cause of financial instability, and if they are not addressed, the future of the global economy is at risk. Gillard is stressing the importance of doing something about it to deal with these imbalances in order to guarantee a more stable and prosperous future. She is calling for a cumulative effort to take on these concerns, as they are too large for any one nation to handle alone. By working together, countries can produce a more well balanced and secure international economy.