There is no recognition in the White Paper of the continuing and worsening Global Economic Crisis.

Therefore, the Caribbean is in the same position as Latin America -the development banks are being forced to provide "Band-aid" in the short-term against the haemorrhage of debt in a Global Economic Crisis with the most severe regional implications.

They say that it is all the fault of a Global Economic Crisis and nothing to do with the British Government.

Dr. Tonge: To ask the Secretary of State for International Development what steps her Department is taking to monitor the impact of the Global Economic Crisis on people living in poverty in developing countries.

Clare Short: My Department is extremely concerned about the impact of the Global Economic Crisis on poverty which is already severe in many countries, notably Indonesia.

That is very worrying as we know that the Global Economic Crisis emanating from south Asia has disproportionate consequences for my constituents and many others who work in central London in financial and banking institutions, in insurance and in the information technology industry, which is so important to this city and to the country's economy.

Last year at this time, during a similar debate on the Queen's Speech, some of us spoke against the backdrop of the Global Economic Crisis.

The phrase "In your dreams" springs to mind, especially in the light of the developing Global Economic Crisis.

I am sure that everyone would wish to see a successful policy implemented that will steer us through the Current Global Economic Crisis.

We are facing a Global Economic Crisis, which could have calamitous effects on all the people we seek to serve.

It is a courageous man who will speculate how China is affected by the Current Global Economic Crisis, and on present form it is not clear.

Some may ask why local government is important when the eyes of the country are on national Government and international governance during This Global Economic Crisis.

The effects of the Global Economic Crisis have filtered down from major financial institutions to families across the country and to the country's 4.

In addition to the work that the Government are doing domestically to restore faith in the banking system, there must be a global response to what is a Global Economic Crisis.

Of course, that was before the Global Economic Crisis, and we will all have to reassess that trajectory.

Let me start by saying that the Government share the concerns of the whole House about the effects of the Global Economic Crisis on British families and business.

We have just heard from my noble friend about the measures that have already been taken, given the Global Economic Crisis that we face in this country and around the world, to capitalise the banks and to enhance liquidity in the banking system.

A debate of this kind would be incomplete were we not to take on board the impact of the Global Economic Crisis on the poorest countries in the world today.

The business of Government is to ensure that we act and do everything that we can against a background of a Global Economic Crisis.

We are told on a daily basis that the country faces a Global Economic Crisis and that every part of the world is suffering because of what began in the USA.

The constitutional reform agenda is not a side issue or just a distraction from the Global Economic Crisis; the very inability of our political system to react and respond to public concern threatens our economic and environmental fate as well as our democratic future.

The agenda for this year's December European Council reflects the preoccupations of Europe's citizens: the Global Economic Crisis and the European Union's role in addressing it; the challenge of climate change and the need for European leadership in promoting the twin goals of lower carbon emissions and increased energy security; and the modern threats to security and the role of the European Union in addressing the root causes of conflict and its symptoms.

The dangers are a Global Economic Crisis, an unremitting terrorist threat, a closing window of opportunity to bring a two-state solution to the middle east, the threat of a nuclear-armed Iran and, in Africa, crises in Somalia, Sudan, Congo and Zimbabwe.

The World Bank has estimated that in the course of the last year 100 million more people have been pushed into poverty by the Global Economic Crisis.

The hon. Gentleman mentioned the question of accountability to the House for the work of the Government in tackling the Global Economic Crisis.

I want to set out these new measures in the context of the strategy we have put in place to steer the country though the Worst Global Economic Crisis for generations.

I want to set out the new measures in the context of the strategy we have put in place to steer the country though the Worst Global Economic Crisis for generations.

Our task in This Global Economic Crisis is to navigate a path to get Britain through in the best possible shape and in a way that is fair to everybody.

This target will be much harder to achieve given the Global Economic Crisis.

I do not believe that this Bill provides a solution to the Global Economic Crisis, nor do I believe that it will create the extra millions of jobs that are needed pretty quickly in this country.

We have laid out a clear fiscal plan to move back to a cyclically adjusted balance once we are past This Global Economic Crisis and eventually to return to the course which we were previously on of reducing debt as a percentage of GDP.

The Secretary of State is arguing that there is a unique partnership at work between central Government and the Welsh Assembly Government to protect Wales as best we can from the Global Economic Crisis.

As previous speakers have said, our debate today takes place against the backdrop of a Serious Global Economic Crisis - possibly the worst international financial crisis in the past 100 years.

My right honourable friend the Prime Minister has invited the current chair of NePAD, Prime Minister Meles Zenawi, to come to the G20, accompanied by Jean Ping of the African Union precisely to ensure that, at that G20 meeting, the views of Africa and the poorer parts of Africa are fully reflected and we use the G20 as a vehicle to ensure that an action plan for Africa at this time of Global Economic Crisis is a part of the conclusions of the London summit.

Both men and women are worried about the effect on our economy of the Global Economic Crisis.

However, we face a Global Economic Crisis that neither this nor any other Government predicted.

The discussions that took place there on the effects of the Global Economic Crisis for developing countries focused on the serious gender-specific consequences for women in poor countries: on girls becoming more vulnerable because they have been taken out of school as households cope with declining household income; on the effects on women's health; and on the almost inevitable increase in infant mortality.

Like my noble friend Lady Hogg, I was somewhat confused by the wording of the Motion, "to call attention to the role of women in the Global Economic Crisis", as it seems to imply that women might be partly responsible for it.

In conclusion, the role of women in the Global Economic Crisis will be the same as it is in every global crisis; in the words of a favourite country and western song, it will be to "Stand by your man".

The Global Economic Crisis has captured the eyes and ears of the world, and during these troubling times, it is important that we pay attention to the group that many reports indicate will be one of the worst affected: women.

Some may think that this confirms the view that men are wholly responsible for the Global Economic Crisis.

Like others, I was a bit bemused by the title of this debate, which I was tempted to turn on its head and call attention to the role of men in the Global Economic Crisis.

Can the Lord President update the House on the progress of this help given the Current Global Economic Crisis?

The issue of today's debate - the role of women in the Current Global Economic Crisis - is therefore the right one.

We must all welcome the Prime Minister's positive programme of action to tackle the Global Economic Crisis, but will he do more to reduce the subsidy that Britain gives other EU countries through the net cost of our EU membership and the £40 billion trade deficit between this country and other EU countries, which costs this country many jobs?

I can also tell him emphatically that of course we are not cutting spending in Scotland and Wales at the very time when public spending is more important, as the country faces This Global Economic Crisis - it is absolutely not the case that we are cutting spending now, in a recession.

It provides an essential basis for meeting many of today's most pressing challenges, from the Global Economic Crisis and climate change to foreign policy priorities, including Afghanistan, Pakistan, the middle east and Iran.

That country faces the immense challenges of chronic poverty and conflict, and now, as he rightly said, the Global Economic Crisis.

Businesses and industries from the region are competing in global markets, but they do so against the backdrop of a Global Economic Crisis.

Of course, the Global Economic Crisis will have an impact on the trade balance.

There is no doubt that this year's Budget has proved to be the most difficult Budget for this Government since we came to power, primarily because of the Global Economic Crisis that this country finds itself in, along with a lot of other westernised developed countries.

There is no doubt that this year's Budget has proved to be the most difficult Budget for this Government since we came to power, primarily because of the Global Economic Crisis that this country finds itself in, along with a lot of the other westernised developed countries.

Obviously, we have been trying to ensure that the IMF financing of countries caught up in the Global Economic Crisis is done in as urgent and felicitous a way as possible, but we cannot look at this in isolation from the broader conflict currently underway in the country.

Before addressing that issue, I want to talk about the key objectives of our energy policy, which are: first, to tackle climate change; secondly, to provide energy security; and, thirdly, to tackle the issue of affordability, including fuel poverty - and we want to do all three of those things in the face of the Global Economic Crisis, the credit crunch.

The household incomes of many have fallen due to the Global Economic Crisis, increased unemployment and lower remittances and tourist receipts.

But global freedoms and connections clearly create vulnerabilities - take, for example, the Global Economic Crisis, the shared problems of insurgency, terrorism, violent extremism and the drug trade in Afghanistan and Pakistan, and the emerging threats of piracy and cyber attack.

Then, within a year, we can have an election to decide who should take the country forward - not how we should reform parliamentary expenses, because that will have been done, but who should take us forward to meet the big challenges of the Global Economic Crisis, of climate change and all the other issues before us.

There will be a debate on European affairs on Tuesday, which is bound to have the economy as a central issue because the Global Economic Crisis obviously has to be tackled at the European and international level, as well as the national level.

Instead, we will provide real help for people in tough times and make sure that we take every action that we can to tackle the problems of the Global Economic Crisis.

Although it is claimed that this is to help Sri Lanka through the Global Economic Crisis, it is hard to escape the conclusion that this money is actually to bankroll a massive military campaign against the country's own people.

We can all well understand, against the background of a Global Economic Crisis, the anxiety that people feel about their jobs.

In the face of a Global Economic Crisis affecting every region, the work of Regional Select Committees is even more important so that we can ensure that public policy to take action to protect businesses and jobs is effective, and so that we can be sure that taxpayers' money is being used in the most effective way.

We are in the middle of a Global Economic Crisis.

I think that no Labour Government have faced the Global Economic Crisis from which this Government are ensuring that the country will emerge, and I think that no Labour Government have done more to protect people from unemployment.

I will not touch on the Global Economic Crisis, because my hon. Friend the Member for Cities of London and Westminster made some good points about it.

On the sale of the student loan book,the hon. Member for South Holland and The Deepings (Mr. Hayes) supported that measure in this House back in 2007, before the Global Economic Crisis made raising money from assets a necessity, as it is now.

Clearly, credit unions have not been immune from the Global Economic Crisis.

Of course I do not blame the Opposition for the Global Economic Crisis or the failure of the banks-it would be wrong to do so-and I am not saying that everything went wrong as a result of the suggestion of light-touch regulation.

4 billion people still live below the poverty line, with up to 90 million more pushed back into poverty by the Global Economic Crisis.

The global economy cannot recover or be rebuilt if half the world is left behind, or if half the world remains at risk of falling even further behind as a result of the Global Economic Crisis.

Alongside the task of conducting international dialogue about, and acting co-operatively on, development issues, three major challenges preoccupy Commonwealth Governments and other Governments: first, the Current Global Economic Crisis, involving the persistence and growth of inequality and devastating, deep-rooted poverty; secondly, dealing with climate change and its consequences and the need to create a model of sustainable development that is holistic and culturally aware; and, thirdly, the negative impact of globalisation on cultural diversity, cultural identities and social cohesion, including the loss of traditions, histories and the move towards cultural homogeneity, which is driven by the cultural production of rich and powerful countries and the encouragement of unsustainable consumerism.

NOMS, like other public sector bodies, will be required to make savings over the coming years, reflecting the reality of the circumstances in which we have all operated since the Global Economic Crisis, as the hon. Gentleman mentioned.

I know that the Current Global Economic Crisis will have had an effect on the benchmarks that were set 10 years ago, because the crisis was not envisaged, but I still think it important for British Ministers to hold themselves, the Government and colleagues to account as to whether those benchmarks have been met.

Maybe the hon. Gentleman missed it, but there has been a Global Economic Crisis since then.

The Government's whole economic strategy, since the Global Economic Crisis started in autumn 2008, has been to be on the side of the people.

We have always agreed that all countries should work together-whether in the G20 or the European Union-to tackle the Global Economic Crisis.

Like the UK, our major economic competitors are suffering the effects of the Global Economic Crisis; so what is their response?

All that stands in stark contrast to the wise decisions that were taken by a Labour Government in the depths of an unprecedented Global Economic Crisis to embrace industrial activism.

There has been substantial progress across the board in the early years but the Global Economic Crisis imperils many of the objectives in the period that we have now entered.

In the face of a Global Economic Crisis, this has been a difficult time for businesses and families, not just here but around the world.

We did act before the election, and made tough decisions to attempt to shore up the economy to make sure that there was not a more profound recession or, indeed, a depression as a result of the Global Economic Crisis.

But today, many of the region's governments have navigated steadily and responsibly through the Global Economic Crisis and are on their way to recovery".

It was only the Global Economic Crisis that threw the economy off course under a Labour Government.

What he did not foresee was that we would be hit by the Biggest Global Economic Crisis for more than 80 years.

My hon. Friends have pointed out that under the former Prime Minister the Labour Government led the rest of the world to the solution when the Global Economic Crisis was at its worst.

The hon. Gentleman will be aware that those rules were changed only in the face of huge, Global Economic Crisis.

On the economy, I am proud that we took decisive action when the Global Economic Crisis hit.

The G20 declaration rightly identifies the G20's "achievements in addressing the Global Economic Crisis", saying that the G20's "efforts to date have borne good results.

Yes, there has been a Global Economic Crisis, but the sheer scale of the budget deficit has clearly been exacerbated by the policies of the previous Government, and it is time that Labour Members had the honesty to acknowledge that.

Although we rightly focus on tackling the Global Economic Crisis, we must also take the longer view.

The most important of those challenges is economic development, an issue that has been brought further to the fore by the Global Economic Crisis.

As we have heard, huge numbers of people on the planet struggle in abject poverty, and I would like to focus particularly on the impact on those people of the Global Economic Crisis that we have gone through and are still going through.

Yes, we all agree that there must be cuts in order to reduce the deficit-a deficit that arose because of the Global Economic Crisis-but we do not agree that the cuts should be imposed so early and so savagely.

The Minister ignores the fact that we had a Major Global Economic Crisis and the Government had to bail out the banks after the irresponsible behaviour of generations of financiers.

It would seem that children and families are to pay the price of the Global Economic Crisis caused by the failure of financial businesses and markets around the world.

The most incredible myth of all is that the Biggest Global Economic Crisis since the great depression is the fault of the previous Government- [ Interruption.

Abolishing child trust funds will lead to the next generation paying for the mistakes of the City bankers and financiers who caused the Global Economic Crisis.

Let us hear no more nonsense about the deficit being the result of the decision of one party or the fault of spending on our public services, rather than the inevitable result of a Global Economic Crisis and the greed and recklessness of the banks.

Today we debate what kind of future Britain can look forward to following the Global Economic Crisis.

It was the Global Economic Crisis of 2008 and the resultant need to bail out the banks that caused the deficit that we have today.

It is those principles that frame our response to the documents and our response to the Global Economic Crisis.

Turkey suffered greatly from the Global Economic Crisis.

We managed the Global Economic Crisis with great skill, to the extent that the increase in unemployment, which was widely anticipated before the crisis hit, did not happen.

Ordinary working people did not create the Global Economic Crisis; it began in the financial sector.

The managing director of the IMF, Dominique Strauss-Kahn, noted in a speech at the Brookings Institution on13 April that the Global Economic Crisis had cast 30 million people into unemployment, and that over 200 million people across the world are currently seeking work.

The effects of the Global Economic Crisis that is wreaking havoc on this country are also devastating Ireland.

It is not a myth believed in by the International Monetary Fund, the OECD or the CBI, nor is it a view shared by Tony Blair or the former Chancellor of the Exchequer,the right hon. Member for Edinburgh South West (Mr Darling), both of whom have identified - since the general election, of course - the fact that Labour was running into spending problems in 2007 and that the structural deficit was starting to build before the Global Economic Crisis that the hon. Lady mentioned.

It is not a myth believed in by the International Monetary Fund, the OECD or the CBI, nor is it a view shared by Tony Blair or the former Chancellor of the Exchequer,the right hon. Member for Edinburgh South West (Mr Darling), both of whom have identified - since the general election, of course - the fact that Labour was running into spending problems in 2007 and that the structural deficit was starting to build before the Global Economic Crisis that the hon. Lady mentioned took place.

It said strongly that this country, under the Labour Government, showed leadership when the rest of the world did not know what to do in the face of a Terrible Global Economic Crisis.

Right now the Opposition blame our current economic difficulties on the Global Economic Crisis which started with the subprime crisis five years ago, and the current Government blame the previous Government's mismanagement of the economy, resulting in the huge deficit and the high levels of borrowing which have, in turn, led the Government to embark on a programme of cuts across the board, and a tax policy to try and address the deficit as well.

The shadow Chancellor says that there is a Global Economic Crisis.

At a time of Global Economic Crisis, we need those middle and lower-income countries to be growing their economies, not for them to be ravaged by the effects of the diseases that make many of their citizens unable to contribute economically.

I promise you, Mr Deputy Speaker, that Britain will not recover from the Global Economic Crisis without a strong manufacturing base.

People in Telford are experiencing a significant squeeze on their living standards as a result of the Global Economic Crisis and the deficit reduction strategy being pursued by the coalition Government.

Rather than following that path, however, the Commission has meekly bowed to pressure from the European Parliament to increase the budget, thereby returning to the extravagance and irresponsible spending that sowed the seeds of the Current Global Economic Crisis.

If one is to take leadership changes at the IMF or World Bank, it is not an edifying spectacle in a Global Economic Crisis to see a jockeying for position for the top job, not on the basis of merit but on the basis of whose turn it is.

The committee that it calls for is intended to merely state the economic facts so presumably, and despite the lessons of the last few years in terms of the Global Economic Crisis, we are still to have a blind faith in economists and economic theory as the basis for decisions which will have the most significant impact on our country's welfare for both our and future generations.

She is talking as though the issue is brand new, but the reality is that a Global Economic Crisis caused the scale of the deficit, and she must take that into account.

India is one of the fastest growing economies in the world, even at a time of Global Economic Crisis.

After Iraq and Afghanistan, and in the midst of the Global Economic Crisis, there is no appetite in the Us for war.

A real danger in the run-up to Rio is that ambitions will be diminished by the Global Economic Crisis, that we will return to the old, sterile, economy versus environment agenda, and that in practice Governments will choose to define a green economy as “full steam ahead but with a bit of environmental window dressing”.

Those 7 billion people are affected by the Global Economic Crisis, in many cases very much so, but also by the environmental crisis facing this generation and future generations.

We benefit from membership of the G8, where a Scottish leader, as Prime Minister of the UK, tackled the Global Economic Crisis to stop a recession becoming a depression.

This was also true of the dissolution of the Soviet Union, of the rise of the internet and of the Current Global Economic Crisis.

One third of disabled people in the UK were found to be living in poverty before the Global Economic Crisis.

A third of disabled people in the UK were found to be living in poverty before the Global Economic Crisis.

Yes, there have been external causes, the Global Economic Crisis, the eurozone crisis and the uncertainty of the world in which we live, which would have been challenging for any Chancellor.

Today the potential for This Global Economic Crisis can be seen in Europe with the rise of neo-Nazi groups in countries such as Hungary and Greece in the EU, and potentially in some other countries.

In the 1930s, at the time of a Similar Global Economic Crisis, bold measures were eventually taken by some countries in an attempt to solve the problems.

We are almost back to 2008 levels, having suffered a Global Economic Crisis, and we have overtaken Germany to become the US's fifth largest trading partner.

The Dutch air passenger duty proved controversial from the outset and decreasing passenger numbers, combined with the Global Economic Crisis, led the Dutch Government to subsequently abolish it on1 January 2010.

The number of low-paid people in London has increased from a total of 420,000 just before the Global Economic Crisis.

That is no surprise: we have experienced the worst ever Global Economic Crisis.

I thought the chapter in this report on economic governance was particularly interesting and difficult because the contradictions of where we have got to with international markets come in because you need some power to decide as soon as you have an integrated single market, let alone a common currency, and when you face a Global Economic Crisis, the legitimacy to decide above the level of the nation state is not there.

The matter is now back on the political agenda after the Global Economic Crisis slightly knocked it off course, with many countries being forced to make defence cuts.

The fact is that over recent years, since the Global Economic Crisis, programmes have been shortened or cut by other EU countries.

He has blamed the biggest peacetime budget deficit, which we inherited from the previous Government, on the Global Economic Crisis.

I am sure he will acknowledge that there was a Global Economic Crisis in 2007-08 and that we reduced the deficit from 47% to 37% of GDP.

Particularly at the time of the bank-induced Global Economic Crisis, the previous Labour Government took significant steps to ensure the public sector paid on time and this is putting that on to a more permanent footing, which is a positive step.

It was a Global Economic Crisis and it was caused by banks, with British banks well to the fore.

I welcome the hon. Lady to her new role, but gently remind her that the current debt to GDP ratio is 80%, which is 20% higher than it was after a Global Economic Crisis and our recapitalisation of the banks.