Posts Tagged ‘enlightened sovereignty’
Completely free markets are unstable: Harper
Stephen Harper says the G-20 has become the steering committee for the global economy, and that such global governance is required to prevent instability created by the free market.
A completely unregulated, ungoverned market, a market without governance, is unstable. And to the extent we now have a truly globalized economy, we need some semblance of a global governance …
We’re not talking about world government. I don’t think anybody is going to come in and say we’re prepared to surrender our sovereignty to the G-20 or some other body. But what they are going to say, in practice, is that we have to coordinate our policies to create stability for all of us.
- Prime Minister Stephen Harper
Stephen Harper’s ‘enlightened sovereignty’ and humanitarian agenda
Canadian Prime Minister Stephen Harper urged nations to practice “enlightened sovereignty” in his keynote speech to the 2010 Wold Economic Forum in Davos, Switzerland.
Notions rooted in a narrow view of sovereignty and national self interest must be reconsidered. We cannot do business as though for one to have more, another must have less. That is not true, it is not just, and it cannot be the path we take.
Our ambition … must be a shared belief that the rising tide of recovery must lift all boats, not just some. This is the exercise of soverignty at its most enlightened.
- Stephen Harper
Related links:
- Stephen Harpers article in the Toronto Star: G8 agenda: Focus on human welfare
- Full video: Stephen Harper’s keynote address at the 2010 World Economic Forum
The G20 saved the global economy: Harper
Stephen Harper says cooperation among the G20 economies was instrumental in averting an economic disaster as the worst of the global financial crisis seems to have passed.
If these measures are enacted and we continue to move forward with the G20 process, we will have the kind of global governance that is necessary to ensure the stability and transparency of markets, in a way that gives us the benefits of a globalized market economy without the enormous risks that we have experienced the last few years.
- Stephen Harper


