Action Aid issued a press release this morning pre the weekend's G20 meeting. They concluded (no web link, sorry):

While world leaders discuss how to get the world's economy back on the road, the damage done to the innocent bystanders to the crash must not be forgotten. There is a real risk that the financial crisis will precipitate a serious social and economic crisis in poor countries, as their already precarious economies are forced into slower growth or even recession. Action Aid is proposing a 'development package' which will shore up the finances of developing countries and allow them to ride out the coming storm.

- Honour existing aid commitments

- Provide additional financing to support countries suffering the effects of the crisis and recession. Thanks to the lost growth, developing countries will need several billion dollars more than was predicted just to stand still over the next three years. Through a combination of debt cancellation, gold sales and refinancing, developed countries and the international finance institutions must find the resources to support affected countries.

- Stop the outflows from developing countries. As growth slows, trade revenues fall, and aid commitments become more precarious, it will be all the more important for developing countries to generate their own resources for development through taxation. This can be facilitated by lifting the veil of secrecy that allows companies to avoid tax. Companies should have to report profits, losses and taxes paid in every country where they operate, and the tax havens that allow companies to hide their profits should be reformed.