Activities of Enrique GUERRERO SALOM related to 2009/2150(INI)
Plenary speeches (2)
The effects of the global financial and economic crisis on developing countries and on development cooperation (A7-0034/2010, Enrique Guerrero Salom)
The effects of the global financial and economic crisis on developing countries and on development cooperation (short presentation)
Reports (1)
REPORT on the effects of the global financial and economic crisis on developing countries and on development cooperation PDF (261 KB) DOC (163 KB)
Amendments (13)
Amendment 1 #
Motion for a resolution
Citation 4
Citation 4
- having regard to the European Consensus on Development1 and the EU Code of Conduct on Complementarity and Division of Labour in Development Policies2,
Amendment 2 #
Motion for a resolution
Citation 8 a (new)
Citation 8 a (new)
- having regard to the report of the IMF entitled ‘World Economic Outlook Update’ published in January 2010,
Amendment 3 #
Motion for a resolution
Citation 10 a (new)
Citation 10 a (new)
Amendment 4 #
Motion for a resolution
Citation 13 a (new)
Citation 13 a (new)
- having regard to the report by UNCTAD entitled ‘Trade and Development Report, 2009’ published in September 2009,
Amendment 8 #
Motion for a resolution
Citation 24
Citation 24
- having regard to the Commission Communication of 15 September entitled ‘Policy Coherence for Development – Establishing the policy framework for a whole-of-the-Union approach’ (COM (2009)458), to the General Affairs and External Relations Council conclusions of 17 November 2009 on Policy Coherence for Development and the Operational Framework of Aid Effectiveness,
Amendment 9 #
Motion for a resolution
Recital A
Recital A
A. whereas emerging and developing economies are expected to expanded by only by 1.72.1 % in 2009 compared to a 6.1 % growth rate in 2008,
Amendment 10 #
Motion for a resolution
Recital B
Recital B
B. whereas the worldglobal trade ofin goods is expected to drop by 137 % in 2009, while investment in trade and infrastructure is faltering as a consequence of the credit crunch, and whereas the least developed countries have been especially hard hit by the crisis,
Amendment 11 #
Motion for a resolution
Recital B a (new)
Recital B a (new)
Ba. whereas the international financial institutions are stretching to meet the needs of developing countries and will face serious lending constraints unless more capital is raised,
Amendment 16 #
Motion for a resolution
Recital E a (new)
Recital E a (new)
Ea. whereas the decline in output of advanced economies brought about by the global crisis will inevitably lead to a drop in the volume of ODA at a time when external aid is paramount to developing countries,
Amendment 20 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Calls for the reinforcement of the commitments to achieving the MDGs by 2015 and asks for greater coordinated action in view of the 2010 MDG review; calls on all Member States to show the maximum support for, and to agree on a common position towards, the 2010 United Nations MDG Summit;
Amendment 46 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Notes with great concern that developing countries are expected to face a financial gap of between USD 350 billion and USD 63USD 315 billion in 20109 and that mounting fiscal distress in the most vulnerable countries is imperilling USD 11,.6 billion of core spending in education, health, infrastructure and social protection; advocates therefore a three-year moratorium on debt repayments, including capital and interest, to enable developing countries to implement countercyclical fiscal policies to mitigate the severe effects of the crisis; proposes the establishment at international level of an independent and transparent body for debt arbitration; proposes the establishment at international level of an independent and transparent body for debt arbitration;
Amendment 55 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Supports the creation of joint public- private initiatives for development, based on a public lead with private donors'’ support and in line with partner countries'’ priorities, as a means to increase responsible and sustainable direct investment in developing countries and facilitate technology transfer;
Amendment 75 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Welcomes the European Investment Bank’s (EIB) enforcement of its existing policy towards Offshore Financial Centres; requests the EU, the Member States and the EIB to take up a vanguard role and make investment through tax havens less attractive by adopting rules of public procurement and disbursement of public funds which prohibit any company, bank or other institution registered in a tax haven from benefiting from public funds; calls on the EIB to consider, as part of its enhanced guidelines, the need for companies and financial intermediaries to report on their activities on a country-by- country basis;