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Economists' debate

We partnered with VoxEU.org to collect the views of economists from around the world in the their Global Crisis Debate.

The debate covered:
  • Macroeconomics - what macro polices are needed to combat recession and global imbalances?
  • Institutional reform - how should institutions be reformed to improve global economic governance?
  • Financial rescue and regulation - what is needed to strengthen financial sectors in the short and medium term?
  • Development and the crisis - how is the crisis different for developing and emerging nations, how should they and the G20 react?
  • Open markets - what should be done to maintain open markets and promote an environmentally sound recovery?
- Read all Global Crisis Debate articles and comments

UK Government contributions to the debate

  • Jonathan Portes - The outcome of the London Summit: A view from the Cabinet Office The long awaited London Summit of G20 leaders took place on April 2. This column – written by a senior economist working within the UK government on the Summit – sets out the background, what was agreed, and what will happen as a result.
  • L Alan Winders - The London Summit and development: A view from the UK's development agency L Alan Winters The crisis, started by rich nations, is now harming developing nations. In this column, Alan Winters – one of the world’s leading trade and development economists and now chief economist of the UK’s Department for International Development – argues that Summit commitments show that development and developing countries are at the heart of G20leaders’ vision for the twenty-first century.
  • Vicky Pryce - The London Summit: Open markets and trade finance With global trade flows collapsing and murky protection spreading, the G20had much to talk about on trade. This column, written by the Head of the UK Government Economic Service, argues that the Summit made important steps. The key commitments were to refrain from imposing new protectionist measure, to get the Doha round back on track, and to fund additional financing mechanisms for trade credit. These commitments require follow up and further action.

About VoxEU

VoxEU.org is a policy portal set up by the Centre for Economic Policy Research. Vox aims to promote research-based policy analysis and commentary by leading scholars. The intended audience is economists in governments, international organisations, academia and the private sector as well as journalists specializing in economics, finance and business.