i'm yuko aotani in tokyo. people who work in finance look around and see a lot of risks. they work in a complex system one that seems fragile. economists at the international monetary fund and world bank are looking at the system as part of their annual meetings in tokyo. and ron madison is covering the meeting for us. ron, what its the view like today? >> yuko, you might see behind me, the view is quieter. many are in sendi attending meetings. business as usual. economists trying to push the leaders of developed economies down a prudent path. weighed some of the risks and say confidence pretty much everywhere is still pretty fragile. economists release global financial stability report, checkup of the financial system. >> the choice today is between making the necessary but tough policy and political decisions or delaying them once more in the false hope that time is on our side. it is not. >> the man there says it is time for governments off to act. he said the biggest risk is the euro zone. private sector money pulled out from peripheral economies in the region back in

i'm yuko aotani in tokyo. people around the world are opening up the financial pages ors watching the news on tv and starting to see glimmers of stability. a drop in the unemployment rate in the united states encouraging manufacturing numbers from there and china and growth in emerging markets. but many have read too many stories the past few years to get too excited about the global economy. some of the world's leading economic minds have gathered at the tokyo international tor forum for the annual meeting of the international monetary fund and world bank. nhk's ron madison is there and will be there all week. i was hoping you could break this down for us. what's going on there? >> reporter: there's lots going on. already been a very full morning. lots of people here. we have finance ministers, central bank governors and other officials from 188 member nations all here now to really, you know, try to agree on how to deal with the problems that they share. and as you point out, they do have quite a few of them

i am yuko aotani in tokyo. thank you very much for joining us.

i am yuko aotani in tokyo. we'll be back with more news at the top of the hour. please do join us then. thank you for watching.