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Proceeding contribution from Patrick Hall (Labour) in the House of Commons on Wednesday, 18 March 2009. It occurred during Opposition day on The Economy.


The Economy

My right hon. Friend mentioned that one needs to believe in action in order to pursue it. One also needs to understand the problem. She will have noticed that every time she mentioned the global nature of the credit crunch, her words were met by derisive calls from the Opposition, who do not seem to understand or accept the global nature of the problem. May I therefore ask her how she thinks the G20 will provide an opportunity to address one of the glaring problems that we face, namely the lack of international oversight and regulation of capital flows?


Secondary information

Type
Proceeding contribution
Reference
489 c950 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Debts Business Banks Advisory services Borrowing Finance Financial services Financial institutions Government departments Income Government assistance Financial markets Government shareholding Economic situation Pay Public expenditure Mortgages Pension funds Monetary policy Regulation Taxation VAT Unemployment Government guaranteed credit Loan guarantee scheme
Link
View this Proceeding contribution on www.publications.parliament.uk