What policymakers in the world are NOT doing....

A great overview of what policymakers are not doing and what they could do can be found in this NYT article: A Global Economic Malaise.

Quoting from the article:

...officials from Germany continue to insist that countries that use the euro meet restrictive fiscal rules, and they are trying to prevent the European Central Bank from buying government bonds.  

German officials need to play a more constructive role by encouraging the European Central Bank to buy government bonds to pump money into the economy and lower interest rates. Such policies are certainly in Germany’s self-interest, because its economy, which previously bucked the downtrend in the rest of the eurozone, contracted in the second quarter and remains weak

or,

...There is a lot governments and central banks could do to avoid another recession. For example, a recent I.M.F. report showed that increasing government spending on public investments like roads, ports and railways can help stimulate the economy immediately and for several more years.

or,

Other European countries, like Italy and Spain, need to do more to encourage companies to invest and create jobs, in part by reforming laws that make it hard for entrepreneurs to set up new businesses