With the London Summit rapidly approaching, I urge
participants to take bold steps to address the fundamental structural issues in
global finance that have, in part at least, led to the current economic crisis.
I recognize that there remains a debate between those who believe that the
current economic environment compels a dramatic rethink of the foundations,
systems and structures upon which the global economy operates, and those who
believe that such sweeping reforms are both unnecessary and politically
impossible.