Activities of Gunnar HÖKMARK related to 2011/2011(INI)
Plenary speeches (1)
Global economic governance (short presentation)
Reports (1)
REPORT on Global Economic Governance PDF (184 KB) DOC (116 KB)
Amendments (6)
Amendment 56 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses the importance of responsible monetary policies; urges central banks of major economies to consider potential negative externalities, such as asset bubbles and financial destabilization in other countries, when implementing non- conventional measures;
Amendment 62 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Is aware that, ultimately, confidence in the strength of the underlying economy and the depth and sophistication of its financial markets are the main determinants for which currencies are kept as reserves by central banks; stresses in regard to this that any currency that seeks to become a part of the IMF's Special Drawing Rights basket must be fully convertible;
Amendment 88 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Takes the view that the commitments given in the G20 need to be more concrete and that progress needs to be monitored by an independent bodyand more formal body with statutes and a secretariat, such as the IMF;
Amendment 121 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Recommends a strong and independent IMF with sufficient tools and resources enabling it to increase its attention to cross- country linkages by not only strengthening multilateral surveillance but also focussing on economies of systemic importance and developing indicators to assess durable large imbalances; calls for the extension of the IMF's intervention mandate to be extended also to risks arising from capital accounts;
Amendment 127 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Considers the G20 to be a key forum for global coopernsultation, but also underlines aits lack of representativeness and universality; stresses that actions for global institutional coordination should be carried out through the IMF;
Amendment 138 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Stresses that the lack of cooperation among financial supervisors facilitatedRecommends that the IMF is strengthened politically with annual summits of the leaders of the countries represented in the Executive Board of the IMF; against this background, also encourages the Member States of the IMF to appoint persons from the most senior ranks of government to the Executive Board; thereby taking the sprlead ofas the financial crisis and worsened its effectsorum for discussions and decisions regarding global economic governance;