Washington Post, Nov. 11, 2008 on page A15:
Gordon Brown said:"As the world's financial system works through uncertainty towards a new dawn, we must use the power of multilateralism to establish a global consensus on a new, decisive and systemic approach to strengthening the global economy. My message is that we must be internationalist, not protectionist,interventionist, not neutral, progressive, not reactive,and forward-looking, not frozen by events. We can seize the moment and, in doing so,build a truly global society."
On page A18 Editorial: China has opted for economic stimulus, the G-20 summit might also be a good occasion for participating countries to agree on common principles for fiscal policy. Working in genuine cooperation with Europe,Japan and emerging countries to achieve reform.
I do endorse such statements as I sent my prior blogs to honor the Law of Comparative Advantage for free trade to benefit all trading nations.
Francis Shieh a.k.a. Xie Shihao, an economics educator and a student to watch with intense interest on November 15, 2008 re G-20 Conference and the repercussion in the days to come to try to solve global economic crisis in the 21st century. November 11, 2008 at 8 a.m.
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