Pedro Paez on the New Regional Financial Architecture (ENGLISH SUBTITLES) - Part 3 embedded

This is the third part of speech given by economist Pedro Páez to the Ecuadorean National Constituent Assembly´s ¨Committee on Development Planning¨ on February 29, 2008, in which he discusses in detail the Correa Administration´s proposals for a ¨new regional financial architecture¨. --------------------------------------------------------------------------------- --------------------------------------------------------------------------------- At the time of this speech, Mr Páez was the Minister of Economic Policy Coordination of the Republic of Ecuador in the administration of President Rafael Correa. In December 2008, Páez was named chairman of the newly formed Ecuadorean Commission for the Bank of the South and the New Regional Financial Architecture (BDS-NAFR), a position which he currently still holds. Páez is also a member of the United Nation´s ¨Commission of Experts of the President of the UN General Assembly on Reforms of the International Monetary and Financial System,¨ better known as the ¨Stiglitz Commission¨ after its chair, the Nobel Prize-winning American economist Joseph Stiglitz. --------------------------------------------------------------------------------- --------------------------------------------------------------------------------- ENGLISH TRANSLATION AND SUBTITLES by Christopher Reid. --------------------------------------------------------------------------------- ORIGINAL VIDEO IN SPANISH was uploaded to youtube by Jubileo2000Ecuador on ...