Many of the world’s economies are still struggling to recover from the global financial crisis. The threat of a crisis Mark II is not out of the question, though it’s unlikely, says Anne Krueger, a former chief economist of the World Bank, and first deputy managing director of the International Monetary Fund from 2001 to 2006. Speaking at an Australian School of Business forum on global competitiveness, Krueger evaluates efforts to untangle the aftermath of the crisis and determines that there has been too little action, too late.