Friday, 27 March 2009

London echoes of 1933 in G20 summit

Link to the article: Reuters Video

(01:43) Report

Mar 27 - London played host to an international conference on the global economy in 1933 that failed to achieve a united action plan.

As London prepares to play host to the G20 summit aimed at finding a global solution to the economic crisis, many are reflecting on the last time a similar summit was held in London.

The 1933 London Economic Conference brought together representatives from 66 countries, aiming to tackle economic problems, revive international trade, and restoring the gold standard amid the Great Depression after the end of World War One.

It was widely seen as a failure.

Matt Cowan reports.