SouthViews No. 22, 20 July 2012
Developing countries very vulnerable to global economic crisis, UN role is vital: South Centre speech at UN
By Yilmaz Akyüz
The world economy is as fragile today as in 2009. Developing countries are very vulnerable to a slowdown caused by the Eurozone crisis. There has been no global reforms and the G20 is ineffective. Thus the role of the UN on global economic issues is vital. These are highlights of the speech by the South Centre’s Chief Economist at the UN General Assembly High Level Thematic Debate on the State of the Global Economy in New York on 18 May.
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This article was tagged: Developing Countries, Economic Crisis, Financial Crisis, Global Economic Crisis, Global Economic Issues, United Nations (UN)