Globalisation, Crisis and the Fight against Poverty

02/07/2010

Blanca Moreno-Dodson: “We are facing a situation where some developing countries are more fiscally responsible than some advanced countries”

“This crisis seems different to previous ones for poor countries because of the adjustments that they had made before. The fall of economic growth has been shorter and the recovery capability has been larger”

“It’s possible that the US and the EU do not recover as fast as they could because they carry a large public debt”

“Globalisation may be the response to many problems, but strong democratic institutions and political will are needed”

“Strengthening institutions and avoiding corruption is essential to promote growth and reduce poverty, especially in Africa”