New model needed for dynamic growth: Ban

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Ban Ki-moon (top left); Nassir Abdulaziz Al-Nasser (top right); Joseph Stiglitz (bottom left); José Manuel Barroso (bottom right)

The global economy is at a critical juncture according to UN Secretary-General Ban Ki-moon who says the old model is broken and a new one for dynamic growth needs to be created.

He made the remarks at the opening of a UN General Assembly thematic debate on the "State of the World Economy and Finance in 2012".

The high-level conference was organized to explore ways to improve the global economic and financial situation with a particular focus on the needs of the poor.

The event brought together several world leaders and economic experts.

Julie Walker reports.

Duration: 3’08″

Filed under Today's Features.
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