Chairwoman’s statement on the Progressive Governance Summit
Viña del Mar, 28 March 2009
Invited by President Michelle Bachelet of Chile, the leaders of several countries and international organizations gathered at the Progressive Governance Summit in Viña del Mar, Chile, on 27-28 March, 2009, to analyze the principal challenges facing the world today and to discuss the prospects for a coordinated and progressive response. The Viña del Mar Summit is taking place at an extremely difficult moment. The international economic crisis, the state of the environment, and the grave social consequences that may result demand urgent action from governments. The leaders discussed the need:
• To put people first in order to keep an economic recession from becoming a social recession. This may be achieved through policies that restore growth, strengthen social protection and stimulate job creation. Leaders emphasized the need to give a new impetus to the UN Millennium Development Goals.
• To build a foundation for the new economy in a manner that allows prosperity to be broadly shared.
• To reform domestic regulation of financial institutions and coordinate internationally on such regulation.
• To avoid protectionist policies and to successfully conclude the Doha Round of the WTO.
• For countries to undertake measures to stimulate the economy and to coordinate action for a balanced and sustained recovery. The G-20 meeting is seen as an excellent opportunity to deliver an effective response to the crisis.
• For international financial institutions, including regional ones, to play an important role in preventing disastrous economic consequences for emerging and developing countries, for reform of such institutions, and that this may require increasing resources for these institutions.
• For a green recovery. To undertake an urgent and coordinated response to climate change and to expand investments in clean energy in order to set the path for a low emissions global economy. It is hoped that the United Nations Climate Change Conference in Copenhagen will result in a successful agreement.
Leaders reaffirmed their commitment to progressive values rooted in a history of liberty, economic freedom, human rights, democracy and social justice.
* * *