Brown calls for "New Global Economic Order"

LONDON — British Prime Minister Gordon Brown said leaders of 20 rich and developing countries must start to sketch out the outlines of a new global economic order when they meet in Pittsburgh later this week, as well as making sure that the fledgling recovery sustains itself.

In a briefing Monday ahead of Thursday’s Group of 20 meeting, Brown said it was important that longer-term issues, such as preventing huge financial imbalances in trade, savings and consumption, are tackled as the global economy recovers from its worst recession since World War II. Countries running surpluses, such as Germany, have suffered as badly as those with deficits during the recession as demand for their exports collapsed.

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