There is a need for global coordination, executives acknowledge, but they say the Defense Department is going about it the wrong way.
The gathering responded to the need for greater global coordination among the main economic centers.
They speak in terms of information flow and the global coordination of market strategies.
The organization's activities include academic conferences, publications, the global coordination of student organizations, seminars, providing free legal aid.
Investors now have to reconsider what is meant by global coordination - which are likely to be buzzwords for some time.
These included trade tensions and protectionism, consumer spending, housing prices, a clampdown on lending practices and how to achieve global coordination.
Now there is also the effort towards global coordination of these policies.
The fight against drug smuggling, trafficking in people and subsidy fraud requires both European and global coordination.
Therefore, global coordination of macroprudential policies is considered as necessary to foster their effectiveness.
A significant economic downturn in the United States could have global repercussions, requiring global coordination to manage and ameliorate.