LOS countries called the group of twenty, G20, reúnenesta week in South Korea in an atmosphere heated by global economic imbalances. Since fighting is not between rich and poor but between those who have trade surpluses that they sell more they buy, and those who consume more than produce and show a deficit. The first, also are savers and accumulate huge foreign reserves, currently, one third of the world's creditor, a third debtor and the remainder maintain balanced trade position.
growth emerging economies generates less employment, as companies have been adjusted by the crisis staff and try to keep as reducing production costs. Therefore, they draw to depreciate their currencies to sell more cheaply and create employment. What is called "new normal" response to a situation in emerging economies like China, Brazil, India, Russia and Turkey seem to be poised to play a key role in world affairs by the weight gained after the crisis, global economy.
But the rebalancing of international trade is only the manifestation substantive issues currently affecting almost all nations. Not just about trade talks between China and the United States, or concern for the exchange rate in Korea or Brazil, but the imbalances and conflicts that have internally and countries that emerge in these meetings.
The list of problems faced by states has been extended, have assumed responsibilities that respond to new challenges, because of the way of economic growth. Have created expectations in people that can not be met, at least all at once: to grow and create jobs with fair play in markets increasingly difficult, maintaining the gains of the welfare state known as working conditions, pensions, health and education, addressing a consumer needs to be continually expanded to incorporate a virtually unlimited range of goods and services that are available, are offered, and we all want. In addition, there are concerns about how growth, environmental damage, weather disasters, depletion of raw materials, water, immigration, the population of Portugal and the deteriorating quality of urban life, terrorism and organized crime. And the perceived threat-real or imagined-of the new economic powers often ignore their responsibilities and do not respect basic civil rights, dictatorial regimes or clothed by strategic interests, trade or access to raw materials, as with China in relation to some African countries or with its neighbors North Korea and Burma.
In a situation of uncertainty, people do not forgive, and in democracies in the elections to punish their leaders for the consequences of a crisis that developed under previous governments, but also have confidence that those who replace their expectations will be covered .
have questioned the legitimacy of the G20 to make decisions that affect humanity. In this sense the representation could be improved by maintaining a small but expanding it into three or four countries, with criteria such as the weight in the population and the global economy and establish a regional representative for not leaving out parts of the world as the Nordic countries or large parts of Africa. It is true that the G20 has no executive capacity, but moral persuasion is a sign of unity among countries facing a serious crisis.
is important for nations to meet, talk and reach agreements on issues such as greater discipline to the financial system and avoid greater evils in the trade. This I have been advocating since the first meeting of which will be two years in November.
Now is the Age of Anxiety is the title of a long poem by WH Auden, which won the Pulitzer Prize in 1948, written between 1944 and 1947, reflects the moral impoverishment of the time and the lack of response from leaders to avoid collective folly and catastrophe. As is to tell the writer Catherine Bucknell, an economic crisis does not have as crudely as a war so bad in human nature, at least on an epic scale, but it generates anxieties, if not remedied, lead to fears and larger, false reasoning and injustice. Gumersindo
growth emerging economies generates less employment, as companies have been adjusted by the crisis staff and try to keep as reducing production costs. Therefore, they draw to depreciate their currencies to sell more cheaply and create employment. What is called "new normal" response to a situation in emerging economies like China, Brazil, India, Russia and Turkey seem to be poised to play a key role in world affairs by the weight gained after the crisis, global economy.
But the rebalancing of international trade is only the manifestation substantive issues currently affecting almost all nations. Not just about trade talks between China and the United States, or concern for the exchange rate in Korea or Brazil, but the imbalances and conflicts that have internally and countries that emerge in these meetings.
The list of problems faced by states has been extended, have assumed responsibilities that respond to new challenges, because of the way of economic growth. Have created expectations in people that can not be met, at least all at once: to grow and create jobs with fair play in markets increasingly difficult, maintaining the gains of the welfare state known as working conditions, pensions, health and education, addressing a consumer needs to be continually expanded to incorporate a virtually unlimited range of goods and services that are available, are offered, and we all want. In addition, there are concerns about how growth, environmental damage, weather disasters, depletion of raw materials, water, immigration, the population of Portugal and the deteriorating quality of urban life, terrorism and organized crime. And the perceived threat-real or imagined-of the new economic powers often ignore their responsibilities and do not respect basic civil rights, dictatorial regimes or clothed by strategic interests, trade or access to raw materials, as with China in relation to some African countries or with its neighbors North Korea and Burma.
In a situation of uncertainty, people do not forgive, and in democracies in the elections to punish their leaders for the consequences of a crisis that developed under previous governments, but also have confidence that those who replace their expectations will be covered .
have questioned the legitimacy of the G20 to make decisions that affect humanity. In this sense the representation could be improved by maintaining a small but expanding it into three or four countries, with criteria such as the weight in the population and the global economy and establish a regional representative for not leaving out parts of the world as the Nordic countries or large parts of Africa. It is true that the G20 has no executive capacity, but moral persuasion is a sign of unity among countries facing a serious crisis.
is important for nations to meet, talk and reach agreements on issues such as greater discipline to the financial system and avoid greater evils in the trade. This I have been advocating since the first meeting of which will be two years in November.
Now is the Age of Anxiety is the title of a long poem by WH Auden, which won the Pulitzer Prize in 1948, written between 1944 and 1947, reflects the moral impoverishment of the time and the lack of response from leaders to avoid collective folly and catastrophe. As is to tell the writer Catherine Bucknell, an economic crisis does not have as crudely as a war so bad in human nature, at least on an epic scale, but it generates anxieties, if not remedied, lead to fears and larger, false reasoning and injustice. Gumersindo
Ruiz.
(Grupo Joly 09/11/2010)
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