Saturday 17 September 2011

Globally Coordinated Action Needed to Put World Growth Back on Sustainable Path....Source: World Economic Forum

Globally Coordinated Action Needed to Put World Growth Back on Sustainable Path

Saturday, 17 September 2011 00:00
economy_113The ongoing economic crisis facing Europe and the United States requires a global response, with Asia doing its part to help find a lasting solution, said political and business
leaders in a panel discussion on “Governing Global Growth: The New Context” at the World Economic Forum’s Annual Meeting of the New Champions 2011 in Dalian, People’s Republic of China. Gordon Brown, Member of Parliament, and Prime Minister (2007-2010) of the United Kingdom, urged European and US leaders to follow up on Chinese Premier Wen Jiabao’s offer for China to do what it can to contribute to restoring global economic stability. Making a renewed call for a “global pact on growth” for a world economy that has become interdependent between the West and the rest, Brown said, “America and Europe have to reform and invest in infrastructure” while “India must open up markets more and China should consume more.” .......
http://www.hellenicshippingnews.com/index.php?option=com_content&view=article&id=47334:globally-coordinated-action-needed-to-put-world-growth-back-on-sustainable-path-&catid=33:world-economy-news&Itemid=97

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