UN General Assembly
2011

looming and renewed threat of the global financial and economic crisis. In the face of that challenge, we must take bold measures. The reform of international financial and economic governance must be expedited. Enhanced coordination of national economic policies is essential. We must learn to step out of our comfort zone and address those critical needs in concert. As emerging economies are now an important engine of global economic growth, they must have a greater opportunity to contribute to promoting solutions. The challenges confronting us are persistent and formidable, but we have the opportunity and the capacity to address them and, most of all, to turn challenges into opportunities. For a start, since those challenges defy national solutions, they can at the same time motivate countries to strike partnerships and build cooperation. In that regard, allow me to highlight two basic points. First, we need to strengthen multilateralism in order to address global challenges. That means the central role of the United Nations. To be able to address new and emerging challenges, and, not least, to