UN General Assembly
2009

Doha Round, the unfolding crisis of the planet itself, unresolved questions of nuclear weapons 20 years after the end of the cold war, and the future of global governance itself. Just on a year ago, just down the road from here, a destructive chain of events triggered the worst global financial crisis in three quarters of a century. It was just on a year ago that I addressed the Assembly for the first time, 10 days after the collapse of Lehman 45 09-52228 Brothers, to reflect on the challenges which lay ahead for the proper regulation of global financial markets. That reform programme is now under way, through the Group of 20 (G-20), the Financial Stability Board and the International Monetary Fund (IMF). But there remains much work to be done to prevent the unrestrained greed of unregulated financial markets that has wrought such economic carnage across the world in the past 12 months from sowing the seeds of future financial crises. The global financial crisis has been a wake-up call to the international community to reform the