Gordon Brown: 'Sometimes a Crisis Forces Change'
By Catherine Mayer and Simon Robinson
For more than a decade, Britain's Prime Minister Gordon Brown has been urging an overhaul of the world's financial regulation and institutions in response to increasing globalization. The global economic crisis, which has hit Britain hard, has given him a rare chance to get his message across. In the midst of intensive preparations for hosting the G-20 meeting in London, he sat down with TIME at 10 Downing Street to discuss his hopes for the summit.
What are your expectations for the G-20 meeting?
We've got a quite unprecedented global crisis, but there is going to be unprecedented global cooperation. In 1933 a world economic conference took place in London. It was designed to deal with the problems of that particular crisis and to stop the drift toward protectionism. The conference was a total failure. [Now] we see so many countries who want to be part of a global set of measures that can help.
STILL DONT BELIEVE THERES A RACE FOR A NEW WORLD ORDER.