On 25-27 March a three-day interactive dialogue on the World Financial and Economic Crisis and Its Impact on Development took place in New York. This dialogue was conceived as a “curtain-raiser” event for the high-level United Nations conference on the economic crisis, which has been scheduled for the first week of June.

The dialogue included interactive panel presentations that gave a comprehensive review of the origin and scope of the crisis, its possible effects on people and the real economy, and the nature and adequacy of global policy responses to date.

At the dialogue Nobel Laureate Joseph Stiglitz also revealed the principal draft recommendations of the Stiglitz Commission, as the Commission of Experts of the President of the United Nations General Assembly on Reforms of the International Monetary and Financial System has come to be known