Gordon Brown: 'It is time for the world to face the crisis as one'
World leaders must have the "confidence to act" to tackle the global recession, Gordon Brown has said.
Speaking at the World Economic Forum in Davos, the prime minister said 2009 had to be the year when the world "came together" to tackle the economic slump.
He called for "clear reforms" of the financial system to be agreed at the G20 meeting of leading economies in April to rebuild trust in banks.
Mr Brown also warned of the dangers of creeping protectionism.
There was a real risk that if banks restricted lending to domestic customers only this would harm global trade and exacerbate the economic downturn.
"The thing we know about protectionism is that it protects nobody and least of all the poor," he said.
Mr Brown said political and business leaders had an "urgent responsibility" to rise to the economic challenges facing the world and that their "first priority" must be helping people worried about losing their jobs and livelihoods.
It is time for action and it is a time for having the confidence to act
This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.