Stockholm Seminar – A Global New Deal
If someone has an answer to these challenges it is us - the progressive, democratic, social democratic, socialist and labour movement.
Globalization and mobile capital flows indeed offer an opportunity for increased growth which creates capacity to increase prosperity for all. However, a continuing challenge ahead is how to improve the functioning of capital markets. Without proper regulation, and without clear political will, the result of increased trade might still be growth, however not automatically equitable distribution and not as economically effective and sustainable as possible.