Many of the major initiatives the international community had been taking, occured in reaction to financial crises in the 1990s. Based on this, policy-makers have been trying to become more forwardlooking to avoid potential difficulties. In particular, three areas of concern have emerged: First, many of the international fora are issuing internationally applicable “Core Principles” or “Standards of Best Practice”.
Supporting social cohesion and tackling poverty  Sustainable growth hinges upon social cohesion, under threat at present from rising poverty, income inequality and social exclusion.