A lack of imagination from our leaders
Posted December 3rd, 2008 byThe Prime Minister recently put his economic focus squarely on maintaining global demand.”With Britain continuing to lead the debate, economic recovery will work better if we all work together,” he said. “The benefits of any individual country’s fiscal action will be all the greater if this is part of a concerted and fairly distributed international response to maintain global demand.”
Surely some mishtake.
It is the economic focus on driving demand in the developed world that has left us with an environmentally depleted, inequitable and unsustainable global landscape.
Are we not ready for a focus on more nuanced fiscal policy that allows us to adapt to the inevitable changes in global demand patterns that come with the imperative for drastically reduced developed world resource consumption coupled with appropriate and intelligent investment in developing world economies?