New World Order - Politician Quotes

In his speech before the G20 (2009), British Prime Minister Gordon Brown lauded the agreement reached and declared, "The New World Order is emerging."

"This is Collective action, people working together at their best...I think the New World Order IS emerging, and with it the foundations of a new and progressive era of international cooperation...From today we will together manage the process of globalization....To secure responsibility from all and fairness to all."

For the Prime Minister, Gordon Brown, it is a "new Bretton Woods", as important as the 1944 convention that established the modern financial world order. For Nicolas Sarkozy, President of France, it is a once-in-a-lifetime chance to remake the global financial architecture and usher in an era of "regulated capitalism". But beware the headlines that these leaders try to manufacture when they assemble for their credit crisis summit in Washington this weekend.

Bretton Woods created the International Monetary Fund, which endures as the one international body powerful enough to prop up governments and economies that run into trouble. It also created a system of fixed exchange rates that failed to endure into the Seventies. Today, despite a financial crisis that is agreed to be the worst since the Great Depression, little yet under academic discussion rises to the level of ambition on display in the New Hampshire mountains in 1944.

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