ROAT TO THE LONDON SUMMIT (18/02/2009)

Road to the London Summit (18/02/2009)

Prime Minister, Gordon Brown, published a

report titled 'The Road to the London Summit' on

18 February – the plan for getting the global

economy back on track through a new global

deal. The report sets out the 'Global Deal' which

consists of a package of internationally

coordinated measures to restore stability and set

a course for a sustainable recovery, including

action to:

Stimulate the global economy and help reduce the severity and length of the global recession for families and businesses in every country.  Kick start lending so businesses and families can borrow again and businesses have the resources to invest for the future.   Renounce protectionism, with a transparent mechanism to monitor commitments and measures to increase access to trade finance.

Reform international regulation to close regulatory gaps

Reform of the international financial institutions and the creation of an international early warning system, with a strengthened role for the IMF.

Co-ordinated international action to build tomorrow today: to put the world economy on an economically, environmentally and socially sustainable path to recovery and growth, ensuring that these benefits extend to the poorest.

Governments around the world have taken unprecedented action to deal with a crisis that is hitting ordinary people in every country. The London Summit bringing together world leaders from the G20 countries on 2 April is an opportunity to enhance international coordination in order to restore global economic growth.Internet

Penulis : Drs.Simon Arnold Julian Jacob