“No Country, No Matter How Powerful…Can Control the Forces of Globalization on Its Own”

Economic crisis will leave no part of the globe untouched, yet it also offers widespread opportunity for citizens to assess priorities. Former UN Secretary-General Kofi Annan urges nations to select priorities that reshape and improve the world for the common good: "For the roots of this crisis go beyond an abject failure of financial governance and neglect of warnings of the risks being run," Annan writes for the Times in London. "Connections between economies have been revealed which were clearly not fully understood, let alone regulated." No country can control or avoid the powerful forces of globalization, and Annan urges full cooperation from all countries, a multilateral approach. "The only lasting and effective solutions to the challenges we face will be those which have the security, opportunity and welfare of all at their heart," Annan notes. "Fairness and equity can no longer be an afterthought. No one's stability, security and prosperity can be guaranteed unless we strive to tackle the gross inequality of wealth, opportunity and influence in our world." Current political structures have failed to address today' challenges, let alone tomorrow's, and immediate acceptance of a new paradigm, as well as global cooperation, is the only way to leave a better world for future generations. – YaleGlobal

"No Country, No Matter How Powerful…Can Control the Forces of Globalization on Its Own"

Kofi A. Annan
Tuesday, January 27, 2009

Click here for the article on The Times.

Kofi Annan was the seventh secretary-general of the United Nations, from 1997 to 2006, and is now chairman of the Kofi Annan Foundation. He is co-chair of the World Economic Forum’s 2009 annual meeting. He is also chairman of the Africa Progress Panel, and the Alliance for a Green Revolution in Africa, and president of the Global Humanitarian Forum.

Copyright 2009 Times Newspapers Ltd.