If the world economic recovery is indeed delayed, then even the grim budget forecasts made by the chancellor could be too optimistic.
"The spluttering world economic recovery would be very likely to be undermined and fresh rounds of financial turmoil could come back to haunt us all, " it said.
It can lend that money to other countries in financial stress, with the aim of creating global financial stability and a sounder footing for the world economic recovery.
The financial crisis in fall 2008 and 2009 rocked the world. the economic recovery has begun, and global GDP is expected to reach 2.7% in 2010 and 3.2% in 2011.
Put simply, the world faces challenges that put our economic recovery at risk.
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There had been fears that the measures would have derailed economic recovery in the world's biggest economy and perhaps even push it into a recession.
"Heritage is the very thing that makes England special in the eyes of the world and can help to underpin the economic recovery, " she said.
Meanwhile, the economic recovery in the US, the world's biggest economy and another key export market, continues to be fragile.
The Federal Reserve and Treasury may face a hard choice between domestic economic recovery and responsible stewardship of the world's global reserve currency and hence global financial stability.
The economic recovery and the topsy-turvy world of government bonds and a weak dollar have at least certainly produced a changing investing landscape in one way over the last year.
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One of the largest investment banks in the world says it sees signs of a recovery in Chinese economic data.
However, when it came to the stock market, world economy, and governments around the world, I developed significant distrust in the so-called economic recovery.
According to the IMF the prospects for the global economic recovery have weakened as government policies across the world have failed to restore confidence.
"I think we have an opportunity for the U.S. to lead the world onto a path of stronger economic footing and very robust economic recovery over the next five years, " Viehmeyer told AP.
"We are on the side of working families and businesses and this will fuel our recovery at this very difficult economic time for the world", Mr Osborne said.
Finally, since it produces products relating to refining and construction, Grace is poised to benefit from any economic recovery in terms of construction and an increase in the world demand for oil.
Together with Administration's Financial Stability Plan, its actions to aid distressed homeowners, and actions by the Federal Reserve and other regulators, the Recovery Act is generating one of the sharpest economic turnarounds since World War II.
Sir, we stand with you as you deliver a message across the world of peace and democracy, as you bring back to America the kind of economic recovery we all need, and as you give hope to all of the children of America.
Well, the American historical record is the worse the recession, the stronger the recovery, as the American economy snaps back to its long term, world leading, economic growth trend, which entails actually faster than normal growth for a time to catch up.
Coming when investors already are concerned about the strength and duration of the economic recovery, and the cost of the fiscal policies that led back to growth, Dubai World's default risk may be only one of the risks that market actors were underpricing.
Well a strong sustainable global economic recovery would probably see business leaders revert to the argument that if they get rich, the world is also enriched.
The 28 components of their program add up to exciting prospects for finally sparking the long overdue economic recovery, based on proven economic logic, and proven experience concerning what works in the real world.
Mr Osborne said of an economic recovery that "underpinning it will be the confidence of this country to pay its way in the world".
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