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As British Prime Minister Gordon Brown notes in this section, we are witnessing the birth pangs of a new global order in this deepest financial and economic crash since the Great Depression. There will be plenty of pain all around for a while. And when the quarter‐century leveraged‐debt bubble of the United States—the explosion of which detonated the crash—is finally unwound, the new global balance will favor an Asia flush with cash. The G‐20 will replace the G‐7 as the executive committee of globalization. And, if wise leadership stays the course, there will be a "green lining" to the recovery as the fiscal stimulus is imbued with an environmental sensibility.

Early years -- Growing up -- Stepping up -- Harvard -- Going on the record in Australia -- London and the eurodollar revolution -- New York: 1970-1973 -- The outsider -- Salomon Brothers and a New York based career -- On my own -- The road to the World Bank -- Three taboos -- A fresh look at development -- Title TK -- Mission unaccomplished

This article argues that the events of 11 September 2001, and their aftermath, have heightened the need both to confront terrorism directly, increase global security and enhance the structures of global governance. The article concentrates on measures to enhance global security and governance. In particular, measures must be taken to address some of the root causes of terrorism: those of economic exclusion, poverty and under-development. The article argues that the World Bank, along with other international financial institutions and the UN system, have a central role to play. The article concludes by identifying four priority areas for international action.

This article argues that the events of 11 Sept 2001, & their aftermath, have heightened the need to confront terrorism directly, increase global security, & enhance the structures of global governance. The article concentrates on measures to enhance global security & governance. In particular, measures must be taken to address some of the root causes of terrorism: those of economic exclusion, poverty, & underdevelopment. The article argues that the World Bank, along with other international financial institutions & the UN system, have a central role to play. The article concludes by identifying four priority areas for international action. Adapted from the source document.