Ngaire Woods Piece in Chatham House Publication: The World Today
Ngaire Woods writes in Chatham House’s The World Today that global leaders will have to show that they are willing and able to take measures to mitigate the harshest effects of this financial crisis at home as well as abroad. Longer term they will need to prove that collectively they can regulate global finance, ensuring that the possibilities of globalisation do not necessarily entail a drunken dash towards casino capitalism. It is a tough agenda and the stakes are higher than ever before. The lessons from previous crises are sobering. Read the article below.