Saturday, November 15, 2008

The G20 Summit - Global Governance Reform?

A major global crisis, unfortunately, is now upon us. We believe that the G20 summit, which Mr. Bush has now convened, is the right forum for forging a cooperative approach to the crisis and for building a stronger, more inclusive international financial and economic architecture, and beyond to addressing other global challenges such as energy and climate change, security and terrorism, poverty and health. This crisis and the G20 summit on November 15 provide a historic opportunity for the next president of the United States to chart a new course for global cooperation, overcoming the transatlantic and Western biases of recent years, integrating Asia and other emerging economies into the global leadership forum, thereby creating a more effective and legitimate global steering mechanism.

The G20 Summit: Could the Financial Crisis Push Global Governance Reform?