Robert Zoellick: G20 Should Protect People Too, Not Just Systems

    The G-20 summit in France this week should focus on identifying measures to make the world safer for people and not just financial systems, said World Bank President Robert Zoellick, who is expected to attend the Nov. 3 and 4 meeting of officials from the world’s top 20 economies and representatives from leading international organizations.

    “They need to recognize that developing countries are now a key source of solutions to the world and then opportunity with the right investments and policies,” Zoellick said at a Nov. 1 teleconference with reporters.

    This is one of three calls to actions Zoellick made during the teleconference. He also urged G-20 countries to follow through on the latest European plan to solve the debt crisis in the region and to channel more into job and growth strategies.

    On protecting the most vulnerable people in developing countries while maximizing these economies’ potential to lift the global economy, Zoellick identified three areas the G-20 can focus their support on: food security, infrastructure development and policy reform.

    “These are not peripheral issues and especially in a fragile and crisis-prone world where–needs of human safety nets as well as financial safety nets,” Zoellick stressed.

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    About the author

    • Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.