SINGAPORE, November 14 (RIA Novosti) - Nations should coordinate their macroeconomic policies, Russian President Dmitry Medvedev told the APEC business forum on Saturday.
The current global financial crisis had demonstrated interdependence of national economies, the Russian president said.
"The coordination of national macroeconomic policies, namely controlling and monitoring financial systems of states and the global economy on the whole, becomes particularly important in this respect," Medvedev said.
Any state has the right to receive additional information and to assess not only its actions, but also those of its partners, the Russian leader said.
"Our own actions could often be neutralized by mistakes and economic policies of other countries," Medvedev said.
He added that APEC countries should coordinate actions "not only in coordinating financial policies, but also while solving the issues of social guarantees, accessibility and quality of education, [and] the mobility of workforce."
According to the Russian president, restoring international trade was vital to recover from the crisis.
