G-20 Leadership Needed to Help Developing Countries

Monday, March 30, 2009

By Elliot Schwartz and Charles Johnson

The G-20 summit will not piece together the intricacies of the global financial system overnight. The April 2 meeting of leaders of the Group of 20 nations (G-20) should be seen as just the beginning of what will likely be a long, complex process to reinvigorate the global economy through financial market reforms and other measures. But that's not to say that the attendees can't move mountains. In fact, members of the G-20 can take a big step towards mitigating human suffering in low-income countries made even worse by the financial crisis.
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CED, the Committee for Economic Development is an independent, nonpartisan organization for business and education leaders dedicated to policy research on the major economic and social issues of our time and the implementation of its recommendations by the public and private sectors.