For Immediate Release
Advisory: Strengthening the Group of 20 to Tackle Global Crises
Tuesday, March 31, 2009, 10:00am – 11:30am
WASHINGTON - As President Obama heads to London early next month for the second
meeting of the G-20 nations' leaders, the pressing issue on the agenda
is rescuing the global economy from the worst recession since the Great
Depression. It is therefore imperative that President Obama and the
G-20 leaders agree on necessary measures to stem the global crisis. The
Center for American Progress believes that these measures entail
restoring normal functioning of financial markets, coordinating
economic stimulus measures, providing much needed assistance to
developing countries, avoiding protectionism, and taking new steps to
reduce greenhouse gas emissions worldwide.
But agreement alone is not enough. For this reason, the Center is
calling for the G-20 leaders to establish an empowered, resourced and
permanent but evolving "G-20 leadership forum" with the immediate
mission to restore stability to the global economy, but with a longer
term mandate to broker global deals, provide direction for multilateral
organizations and cope with economic aspects of global challenges as
Please join the Center for American Progress for a discussion around these recommendations.
Featured Speakers: Colin Bradford, Nonresident Senior Fellow, Global Economy and Development, Brookings Institution Kemal Dervis, former Secretary General, United Nations Development Programme Sabina Dewan, Associate Director of International Economic Policy, Center for American Progress Bruce Stokes, International Economics Columnist, National Journal; Fellow, German Marshall Fund
Moderated by: Nina Hachigian, Senior Fellow, Center for American Progress
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