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Developing countries should be allowed to employ trade measures to ensure food security, declared Olivier de Schutter, United Nations Special Rapporteur on the right to food.
Global depression is not the most likely scenario to result from the financial crisis, but it's foolish to ignore the possibility. At the G-20 meeting this week, leaders must increase domestic stimulus measures, triple the IMF's resources, and renew their commitment to avoid protectionism.
Although recovery from the global financial crisis will likely occur in 2010, forecasts are imperfect and great economic damage has already been done. Leaders at the upcoming G20 summit must adopt more ambitious and coordinated policies to address this crisis.
Ahead of April’s G20 summit, French Prime Minister François Fillon urged policymakers to pursue economic recovery and financial regulatory reform simultaneously.
Les participants de la réunion du G20 le 2 avril à Londres devront apporter des réponses concrètes articulant la reforme du secteur financier international avec des actions de relance économique, a déclaré François Fillon, Premier ministre de la République française.
As the financial crisis deepens, resisting protectionist pressures is imperative, not just for long-term economic health, but for near-term recovery.
Aggressive action is needed to address the global financial crisis, but bailouts could—if not orchestrated carefully—provoke a devastating global trade war. Leaders at the G20 meeting on April 2 must devise a coordinated and transparent plan to re-ignite growth and avoid a resurgence of protectionism.
The U.S. and China have developed good relations over the past eight years, but mutual misunderstanding persists. President Obama should recognize the importance of cultivating personal ties with Chinese leaders and visiting East Asia soon after taking office and avoid aggressive public language on hot-button issues.
Europe-wide discussions on the emerging Gulf economies, domestic political reform, sovereign wealth funds and the potential of Gulf investment to contribute to a solution for the financial crisis.
The genius of all great systems is their ability to reinvent themselves, to adapt to changing environments. That's the reason why those whose response to the current crisis is to announce the end of capitalism are so misguided. Capitalism will survive. But it will not, and should not, survive unchanged. We are going to enter an era of resurgent regulation at the national level and global level.
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