Activities of Michèle STRIFFLER related to 2009/2150(INI)
Shadow 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 (5)
Amendment 14 #
Motion for a resolution
Recital C
Recital C
C. whereas the degaps in regulation of financial market, supervision and control of the financial sector and the deficiencies in the existing surveillance and early warning systems hasve caused a systemic crisis of global dimensions, which requires international compensation and burden sharingrecasting of the existing paradigms,
Amendment 28 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Recognises that the degaps in regulation of financial and labour markets, together with the privatisation of public services and social programmes, due to, supervision and control of the financial sector and the unjustified conditionalities imposed on developing countries by the International Fby the financial Iinstitutions (IFIs), proved ineffective inmade it impossible to preventing the crisis, amplifying instead its negative effects; underlines that, contrary to what happened in developed countries, such imposconditions have sharply reduced the capacity of developing countries to react to the economic slowdown through the adoption of fiscal stimulus measures;
Amendment 30 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Welcomes on the one hand the improved borrowing facilities for low-income countries provided by the IFIs with a higher level of pro-poor spending and emphasis on poverty reduction and pro- growth spending in developing countries; expresses, however, major concern about the unleashing of a new debt crisis, underlining the paradox that developing countries will be obliged to indebt themselves to tackle a crisis caused by the countries and institutions they will be indebted to, which demonstrates once more the need for urgent governmand calls for urgent reforms of the IFIs;
Amendment 66 #
Motion for a resolution
Paragraph 22
Paragraph 22
22. Believes that protectionism is no sound response to the crisis and reinforces its call upon the EU to do its part by reducing trade barriers and trade-distorting subsidies that have caused so much harm to developing countries;
Amendment 74 #
Motion for a resolution
Paragraph 27
Paragraph 27