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G20 Summits > Washington Summit

Summary of Finance Markets and the World Economy:
Key Messages

Washington DC, November 15, 2008

• A coordinated and concerted stimulus through the use of budgetary measures to support demand and the increase of financial assistance to emerging and developing countries;
  
  
• A new regulation for financial markets, to prevent a similar crisis from happening again. Increase regulation does not mean excessive regulation which would paralyze businesses;
  
  
• A global economic governance more open to emerging and developing countries, for more justice and efficiency;
  
  
• A rejection of protectionism and more openness towards exchanges.

Source: Elysée, Présidence de la République française