The proclamation of such principles would no doubt be useful, but the credibility of such a proclamation
would quickly be lessened if advantage were not taken of the Summit in order to secure a
number of specific commitments from all the participants regarding the application of those principles in certain areas, such as trade, financial-crisis management, the surveillance of international transactions involving financial and stock-exchange capital, food crises, migrant flows, and so on. Gover
...[+++]nance is certainly not equivalent to some or other form of world government, although the agreements, initiatives and operations of any kind in areas considered ripe for policy globalisation should be devised as though they were part of a conscious global policy.