Global recovery a global responsibility, Carney says

Business | 206631 hits | Jun 16 10:38 pm | Posted by: Khar

Advanced and emerging economies have a shared responsibility for narrowing imbalances in global growth that could threaten the world’s economic rebound, Bank of Canada Governor Mark Carney says.

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by Khar
Thu Jun 17, 2010 7:29 am
Anyone else have a feeling that this is likely to go the same way as the Doha round? As much as I hate to say it, this topic, one I support, has been broached time and time again, and the measures required to do so take some sacrifices on the part of first world subsidies and tariffs, especially in the agricultural sector (all of us having been pushing this, but especially the EU) and intellectual rights management accords (which the US has been pushing).

I have a feeling that discussions on this will quickly swerve into us having to tear down part of the glass ceiling the developed economies' governments built.

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