via CommonDreams:
Published on Tuesday, October 7, 2008 by
Inter Press Service
Environment: Twisted As Unnaturally as the Banksby Julio Godoy
BARCELONA - The financial meltdown in most of the industrialised world presents an opportunity for a new economic model that would end short-sighted search for high returns, according to leading economists attending the IUCN World Conservation Congress here.
"Right now, the most conservative leaders in the industrialised world, such as George W. Bush of the U.S. and Angela Merkel of Germany are allocating public money to save the banks from bankruptcy," Alejandro Nadal, a Mexican economist attending the congress told IPS.
"This rediscovery of the role of the state as a major actor in economic affairs, and the perspective of a new regulation of international financial transactions opens a window of opportunity to rethink neoliberalism in the developing world," Nadal said.
"This is not only an academic question, it is an extreme political matter," he said. And it can have an environmental dimension, he said. Nadal urged the IUCN to coordinate a global effort among civil society organisations to rethink the role of the state in linking macro-economic and environmental policies.
The IUCN (International Union for Conservation of Nature), organiser of the Barcelona congress that continues until Oct. 15, is the oldest and largest global environmental network, with a membership of more than 1,000 governments and NGOs, and almost 11,000 volunteer scientists in more than 160 countries. .......(more)
The complete piece is at:
http://www.commondreams.org/headline/2008/10/07-2