english french german greek italian lithuanian russian serbian spanish
Home arrow newsitems arrow G20 Ministers draft Plan for Heads of State Summit while Global Change Popular Movement asks action

G20 Ministers draft Plan for Heads of State Summit while Global Change Popular Movement asks action

Written by ACM
Saturday, 15 October 2011
g20_400

Who will be faster ? This key question is obviously raised since this October 15, 2011, the same day that a crucial Minister of Finances and Central Banks Governors' G-20 International meeting concluded its efforts in Paris to prepare an exceptionally important G-20 Summit of Heads of State/Government at the beginning of November in Cannes under French chairmanship, while Popular Movements launched by "United for Global Change" a.o. World wide web pioneers mushroomed all over the Globe, spreading from Wall Street (New York) to Washington DC, California, etc. up to London, Rome, Frankfurt (ECB's headquarters), etc.

people_s_movement_goes_global_15_october_2011_400

- "Support Economic Activities for Growth", while, at the same time, carefuly "avoiding to take any (Austerity) measures that might affect the most Vulnerable, Poor People", is the "Best Reply" that States can give today to Young People's interrogations or cries, replied in substance the chairman-in-office of the G20 Ministerial gathering, French Minister Baroin,  to questions raised about various ECB officials a.o. statements on this coincidence.


+Meanwhile the preparation of an "Action Plan" due to be finalized at the November G20 Heads of State/Government Summit in Cannes, and agreements to start regulating Commodities' Prices (mainly Energy and Food) against excessive volatility recently, (Comp. Christine Lagarde's reply to "EuroFora"s question at the 1st G20 Ministerial gathering this year on February), emerged among a series of various  measures evoked at the Press Conference, after being examined and cited in the final, official Communiqué.

---------------------------------------------

g20_quest_on_popular_movements_going_global__400

Questioned today, at the concluding Press Conference of the G20 Ministerial gathering, whether all or at least some among the participants "felt any Comprehension" for these Popular Movements (which are going Global for the 1st time now), chairing French Minister François Baroin soberly but positively replied by distiguishing between 2 parts :

g20_baroin_on_peoples_movements_reply_400

- "Our Responsibilities, here, in these Structures (G20, etc), as well as of National Governments, it's, precisely, to set up the (right) Rules", since, in Economy, "LIberty is the main Rule, but there is no Libety without any Rules, he warned.


- I.e. he meant such Rules "which, by Supporting the Economic Activities" for more Growth, and by safeguarding "the Protection of a Social Model, with Solidarity vis a vis the most Vulnerable People in our Societies".


+ "For the rest, it's also a Specific Question concerning in particular each Country, according to the Austerity Measures that it takes".


- F.ex., "we try, in France" to advance towards this double direction (i.e. for more Growth, while keeping Solidarity : See supra), and that's why "we haven't taken any (Austerity) measure at all which might affect the most vulnerable People  : F.ex. the RSA (minimum revenue), the basic allocations, the poorest people, etc.", Baroin observed.


=>  - "That's the best reply from States and Governments to that Youth which raises questions and sometimes cries its hardships", concluded the chairman-in-office of the 2011 G20 Ministerial conference in Paris.

people_going_global_400


    + Meanwhile, both the outgoing, experienced ECB President, Jean-Claude Trichet, and (even more) the incoming new ECB President Mario Draghi, reportedly gave some astonishing signs of understanding towards the main Popular concerns :   - "They are angry against the Financial World. I understand them", Draghi was reported saying in Paris, while Trichet, more sober, simply stressed towards THE Popular Movements going Global for the 1st time, that he "is Listening" to them...

people_moe_goes_global_ppgg_demo_400


    But this didn't hinder Popular Movements  as "United for Global Change", etc., who organized the Worldwide October 15 events in "82 Countries, 951 Cities", as their Website claims, to spread out of New York, Washington DC, Boston, California or Chicago, etc., to Australia, but also London, Rome, Munich, and other EU Towns, including even Frankfurt, i.e. ECB's own European Headquarters...
--------------------------------
    + Meanwhile, on main Policy issues, among various other measures examined by the G20 Ministers in Paris, it's particularly an "Action Plan of Coordinated Policies", due "to address immediate vulnerabilities and strengthen the foundations for a strong, sustainable and balanced Growth", which is presented "for consideration" by Heads of State/Government at the November 2011 G 20 Summit, according to the Official Communiqué, as well as the New issues related to Raw Materials and other "Commodities", (Comp. new IMF and former French Economy/Finance Minister Christine Lagarde's reply to "EuroFora"s question at the 1st 2011 G20 Ministerial meeting, on February 2011 also in Paris), on which focus both most questions and expectations :

 g_2o_ministers_400_01

 - A differentiated Draft "Action Plan" distinguishes between "Advanced" and "Emerging" Economies :  The first should "build Confidence" and "Fiscal Consolidation", but also "support Growth", either "based more on Domestic Demand", or by "increas(ing) National Savings", according to whether the Countries involved have "large Current Accounts Surpluses" or, on the contary, "Deficits", respectively. The others should "maintain Growth momentum in the face of Downside Risks, contain Inflationary Pressures and... enhance resilience in the face of Volatile Capital Flows, as well as adopt "Structural Reforms... towards Domestic Consumption", and "move towards more Market-determined Exchange Rate", according to the G20 Communiqué. 
 
- But "all Countries will undertake further Structural Reforms to raise Potential Growth" and "strive to Foster Growth, Job Creation and promote Social Inclusion", at the same time.


    + In this regard, "the proper functioning of Commodity Markets is Key for sustainable Global Economic Growth", stress from the outset the Collective Coclusions of the October 2011 G 20 Economy/Finance Ministers' gathering, issued this afternoon.

20111017_15.03.18_400


    In order to fight against the recent "Volatility" of Raw Materials' prices, mainly Energy and Food, in particular, Gas and Coal are due to be included to JODI-Oil DataBases, together with "further work" for "Market Transparency", including " Annual Symposiums on Short, Medium and Long term Outlook and Forecasts", as well as "Recommendations toimprove the Functioning and Oversght of Price Reporting Agencies for mid-2012", according to the final G20 Communiqué.


    + At the same time, the G20 Ministers agreed also a series of "Principles" in order to "Regulate" the "Commodity Derivatives Markets", mainly of Raw Materials as "Energy and Food", f.ex. "by transposing the Rules already existing for Financial Markets", and by asking for the "Implementation" of the Recommendations included in a landmark new Report by IOSCO, which should report back "by the end 2012", as Baroin added later-on.


    - "Nothing but the (Official, Collective G20 Ministers') Communiqué, but all the Communiqué !", he simply but clearly added the chairman-in-office French Minister to a critical question at the Press Conference about the supposed reluctance of some organisations or countries...

20111014_15.41.45_400_01
 
(See also "EuroFora"s previous NewsReport on G20-related issues etc, from Paris' Quai de Bercy and Elysee Palace, published yesterday)

 

***

(NDLR : "DraftNews", as already sent to" EuroFora"s Subscribers/Donors. A complete and more accurate Final Version is due asap).

***

 

Enterprises' Competitiveness for 2014-2020

Statistics

Visitors: 56867144

Archive

Login Form





Remember me

Lost your Password?
No account yet? Create account

Syndicate

RSS 0.91
RSS 1.0
RSS 2.0
ATOM 0.3
OPML

Other Menu

Europe brings Development dynamics at Global Crisis' Summit debates

eudevdays_400



    Thanks also to EU Parliament Plenary's Strasbourg gathering, EU, during the French EU Presidency, managed to integrate the Development issues at Top Debates on the World Summit against the Economic Crisis  :

    For the 1st time, it's at the same moment with the Wahington G-20 Summit that EU Commissioner Louis Michel co-organizes here with the French EU Presidency parallel mega-events for the "European Development Days", starting from this Week-End and concluding at the eve of a landmark debate in EU Parliament, next Tuesday, on the outcome and follow-up of the Wash.DC Summit.

    EU and its Member Countries are the biggest donor for UNO's Millenium Development goals, with 56%, but the 27 are currently struggling to develop a collective leadership in Economic and social matters, that the 15 of EuroGroup (together with the UK and other countries interested to be usefully associated) are starting to spearhead, after the initial success of the 1st EuroZone Heads of State and Government Summit, of October 12 in Paris, according to a New Repport by MEPs Pervench Beres and Werner Langen on the 10 Years of EuroZone (1999-2009) debated Monday and voted on Tuesday.

    EU, CoE and World personalities will interact here with Heads of State or Government from Tanzania (African Union chair), Burkina Faso (CEDEAO + UEMOA chair), Zimbabwe (MDC chair), Madagascar, Haiti, Mali, Benin, etc, and some 3000 participants from the Economy, Civil Society, Media, Experts, etc, while the City of Strasbourg adds various related Citizen-events.

    Opened by French Secretary of State Alain Joyandet on November 15, and followed by a video-contact with EU Commission President Jose Baroso on the Washington Summit Sunday, the EDD are concluded by Foreign Minister Bernard Kouchner on Monday, while their main concerns cannot be ignored in the Debate that EU Parliament will hold on Tuesday, (followed by a Resolution on Wednesday), jointly on the G-20 Washington Summit and on EU Commission's work program for 2009.

    A practical opportunity for EU to reflect where it's better to spend EU Citizens' money...

    The move is prolonged in several Paris' meetings of EU chair, French President Nicolas Sarkozy with African Heads of State leading regional Organizations, as from Tanzania (A.U. Chair), Burkina Faso (chair of Economic African organizations), Togo, etc, (in parallel with a Ministerial EU - African Union conference in Ethiopia, followed by a visit to Tchad), logically concluded by a meeting with Robert Zoellic President of the World Bank.

    Many have already warned that an eventual aggravation of Development's Gap accross the World might become much more dangerous to Global Economy, Security, Values and Quality of Life, than Global Warming and/or other, even more serious challenges...

    Will they find an innovative and voluntarist way to really deal with the Development Gap, which might also contribute to help face the Economic Crisis ?

Polls

2009 EU Elections were won by Parties against Technocracy and Turkey's controversial EU bid, while the 1999-2004 Majority Abstention trend decelerated. What should be done in 2009-2014 ?

Results

SMF Recent Topics SA

Copyright (c) 2007-2009 EIW/SENAS - EuroFora.net. All rights reserved. ISSN 1969-6361.
Powered by Elxis - Open Source CMS.