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Policy Brief on the Financial Crisis - Trade, Investment and Domestic Resource Mobilization

12-Oct-2009

A dedicated G20 macroeconomic work stream has been established to conduct thorough analysis of the roots of the crisis and lessons to be learnt to lay down sound foundations for economic recovery and avoid crises of this scale in the future. Its scope is also to identify policy responses required to deal with the fallout of the real economy, address national needs while enabling an open global economy and international cooperation, and to lay the foundations for sustainable recovery.

This briefing note speaks directly to the work of the macroeconomic work stream. Its scope also covers issues of relevance to another G20 working group that deals with Multilateral Development Banks. The issues pertain to the leveraging of international development resources to meet poverty and growth challenges, especially for low-income countries.

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