The Global Citizen: G20

The IMF and Aid to Africa

Citizens for Global Solutions | April 27th, 2009
Topics: Other

Currently, 65% of the world is in recession, an amount greater than at any time since 1960. The International Monetary Fund [IMF] recently stated that the downturn is likely to be “unusually severe and long-lasting.” The recession is likely to starve developing countries of their resources and the Fund predicts that these fledgling economies may face shortages of investments for many years to come.

Echoes of the G20 Summit

Citizens for Global Solutions | December 2nd, 2008
Topics: Other

While diplomats do not save praise for the G20 summit, economists are complaining. Journalists and reporters lamented over the fruitless discussion on the November 15th meeting of presidents and prime ministers in Washington, too. Interestingly, BBC, the New York Times, and the International Herald Tribune labeled the outcomes of the G20 summit as "a plain-vanilla stuff ," a term coined by Simon Johnson, a former chief economist of the International Monetary Fund.

Washington Summit: Another Defining Moment in the United States?

Citizens for Global Solutions | November 11th, 2008
Topics: Other

This upcoming weekend, statesmen from twenty different countries will meet in the White House and intensively discuss solutions for the financial crisis. After the summit of the EU in Brussels and G-20 in Brazil last week, this November 15 the highest political representatives are heading to the U.S. capital at the initiative of the U.S. President. George W.