Tag Archives: world bank

The Independent View: The Lib Dems can – and should – be the Party of the Entrepreneurs

Every party claims, in some way, to be on the side of small business, but none has really given new and potential businesses much time or attention. Firms that do not yet exist are much less easy to champion and harder still to help than existing small businesses, but they are no less important.

It may be no wonder, then, that not one of the three main party leaders mentioned entrepreneurs in their Autumn conference speeches. That’s why today we at the Adam Smith Institute are helping to launch The Entrepreneurs Network, a new think tank dedicated to giving …

Posted in The Independent View | Also tagged , , , , , , and | 8 Comments

Opinion: Development in a downturn

Writing in the Guardian, former UN Secretary-General Kofi Annan has added his support to the growing chorus of voices demanding that the needs of the world’s poorest to be placed at the heart of international efforts to stabilise and boost the global economy. With unemployment and financial hardship at home making the headlines, we cannot and must not overlook the potentially enormous problems facing the developing world as a consequence of a situation for which they are entirely blameless.

Last week the G20 finance ministers met in Sussex to set the agenda for the forthcoming London Summit. Although it was encouraging to note that the communiqué that emerged from this meeting clearly indicated recognition of the need to support the developing world at this time of crisis, the extent to which these sentiments will be carried forward to the leader’s summit and reflected in significant new financial or institutional commitments remains unclear.

The G20 summit cannot achieve its aims without putting into place a comprehensive framework of support for vulnerable nations. Declining levels of Foreign Direct Investment, shrinking remittance flows and low commodity prices will all have a disproportionate impact on the lives of people within the developing world, with the World Bank estimating that the economic slowdown could keep an additional 53 million people in poverty in 2009. The complex and urgent nature of the task at hand should be reflected in the solutions offered by the G20; short term entitlement protection must be accompanied by more substantive reforms if the London summit is to successfully set the scene for an economic recovery and longer-term stability.

Posted in Europe / International and Op-eds | Also tagged , , and | Leave a comment

The Independent View: A solution – world government

As the world descends and travels into the catastrophic circles of economic chaos, globalisation seems vulnerable and suffering from nationalist rhetoric. With a growing centralised global economy, with major intuitions – such as the World Bank and IMF – is it time for the United Nations to overseas global economic and financial responsibility?

This is not a winsome notion, we are reaching the next geopolitical evolutionary steps for our civilisation and global federalism will eventually creep its way on to the international stage. Of course, the general public of the United States will be hostile to any bureaucratic institution that is …

Posted in The Independent View | Also tagged , and | 27 Comments
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    To quote "Cyclefree" on Political Betting http://www2.politicalbetting.com/index.php/archives/2019/10/17/welcome-to-the-looking-glass/ "The race is on to see if this deal can be nailed down before people have a chance...
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    JohnMc "Plaid Cymru make a similar argument about Lib Dem funding in Wales (ie it comes from England)" That's not the point being made in...
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    Slightly odd comments in response to this article. The simple point being made is that it is odd, to say the least, for a party...
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