Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-421-000"

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"en.20111025.25.2-421-000"2
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"Today in the House, we voted on Mr Hökmark’s resolution on global economic governance. In the run-up to the G20, Parliament has approved its contribution to the reform of global economic governance. The resolution asks for a reorganisation of the International Monetary Fund (IMF), more incisive regulation of global finance and stringent controls on possible subterfuges. It also highlights the need to correct existing imbalances in the global economy in order to avoid further turbulence, something the G20 has so far had difficulty doing. In addition, it invites greater democratic participation in the decisions of the IMF and the World Bank, asking for parliaments to be involved in their decision-making processes. Furthermore, it asks all of these financial institutions to coordinate their work better."@en1

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