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Institute for Policy Studies

Report Info

  • Released September 22, 2009
Global Economy » Report

Why a Real Recovery Must be a Global Recovery

Civil society proposals to fix the global financial system would benefit ordinary people in impoverished countries and in the United States.

The global financial crisis is yet another reminder of the interconnectedness of every nation on the planet. The catastrophe that originated in the United States quickly went viral, driving up poverty and joblessness from Mexico to Malaysia. And just as the problems cannot be contained within national borders, the solutions must also be global. This educational tool identifies five key global civil society proposals:

  1. Shut down the global financial casino
  2. Break the chains of debt
  3. Finance good jobs
  4. Create a global climate fund, and
  5. Overhaul trade and investment rules.

It then explains how each of these proposals would benefit poor countries and ordinary America.