In the current environment where key interest rates are being held at the lowest possible level in the major economies, it seems it would be logical move for the developing countries also to experiment with lowering their central bank interest rate.
Lower input costs result in lower output costs, and reduced inflation.
As the world wishes for continuation of the economic Recovery, I believe the course of action I suggest above would greatly help matters.
Lower interest rates, lower Oil prices (imperative) and availability of credit to consumers, for business, home purchase, auto loans, education and so on, and upgrade of roads, transport and communications as well as health and education infrastructure, would provide the stimulus all the world needs.
Together with this, mutually beneficial trade between nations, would increase exchange and create satisfaction of consumer demands worldwide.
With the writing of such measures, adopting such measures, and implementation, would result in a continuation of the worldwide economic Recovery. For that I pray.