Yet, governments should still take advantage of the recovery to complete structural reforms in the financial and corporate sectors.

ECONOMIST: East Asia's economies

The IMF notes that countries that responded to past crises with aggressive monetary and fiscal stimulus, structural reforms and rapid repair of their financial systems limited the loss of potential.

ECONOMIST: Free exchange

The rankings will be one of the elements that will lead public authorities toward structural reforms in higher education and research and to make this effort despite financial constraints on public finances.

UNESCO: Education

The IMF and the financial markets would probably like to see a combination of all of these: long-term structural reforms to free up economies and put government spending on a more sustainable path, combined with some short-term relief on austerity and (with luck) easier monetary policy as well.

BBC: Greece, France and the future of the euro