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Economic Situation

Volume 493: debated on Tuesday 2 June 2009

To ask the Secretary of State for Foreign and Commonwealth Affairs what (a) operating arrangements and (b) objectives have been established for the early warning system his Department has initiated to monitor economies at risk of suffering political and social unrest; and which countries are under observation. (275326)

Ongoing assessment of political, social and economic conditions in countries around the world is central to the Foreign and Commonwealth Office’s (FCO) pursuit of its departmental strategic objectives. The diplomatic reporting from the FCO’s global network is a key part of this assessment. In response to the global economic crisis, the FCO has enhanced its reporting and analysis of the impact of economic turbulence upon worldwide political and social conditions, and on emerging risks. The FCO looks at all countries as part of this process.