Recommendations to East Asian Leaders for G20 Meeting

East Asia, along with the rest of the world, is severely affected by the global financial and economic crisis, especially via the trade, investment, and liquidity channels. This threatens to increase unemployment, poverty, and social instability in the region. However, East Asia's economic fundamentals remain sound and its long-term growth prospects are robust. Working collectively, East Asia can weather the crisis and contribute to a global economic recovery. We believe that the global crisis calls for a collective response, and that individualistic and inward-looking solutions are not appropriate. We call on East Asian leaders to put forward the following points at the upcoming G20 meeting in London.

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