Central banks and other national regulatory bodies should be strengthened to assure that they are not subordinate to national and international banking oligopolies. Central banks and monetary authorities should be free from the short-term electoral interests of parties or groups. Therefore, they must have a certain autonomy from the executive branch of government. However, in no way should these financial institutions be completely autonomous bodies free from social control through democratically elected legislatures. Central banks and national monetary authorities must take concerted international action to lower interest rates, stimulate demand for goods and services, and channel investment into production instead of speculation.
International cooperation is also necessary to combat money laundering.
No international agreement should diminish the capacity of states to establish monetary and financial policies for the development and well-being of their peoples.