Friday, January 7, 2011

IMF, WTO Leaders Reflect on the Impact of the Financial Crisis on Global Economic Governance

Originally Posted at globalgovernancewatch.org


In separate speeches in Geneva on December 8, IMF Managing Director Dominique Strauss-Kahn and WTO Director-General Pascal Lamy discussed how the global economic crisis has necessitated "a greater degree of explicit renunciation of national sovereignty" (Lamy) and provided an opportunity for increased global governance of economic policies. Mr. Strauss-Kahn's speech can be accessed here, and Mr. Lamy's speech can be found here.