NEWS
Selected news
Equity is the Gateway to Environment Ambition: South Centre statement in UNFCCC
Tue Jul 24 2012 - Source: South Centre
Below is the statement by Martin Khor, Executive Director of the South Centre, which was presented at the UN Framework Convention on Climate Change (UNFCCC) Ad-hoc Working Group on Long-term Cooperative Action (AWG-LCA) Workshop on Equity in Bonn on 16 May 2012.
Developing countries very vulnerable to global economic crisis, UN role is vital: South Centre speech at UN
Mon Jul 23 2012 - Source: Third World Network
The world economy is as fragile today as in 2009. Developing countries are very vulnerable to a slowdown caused by the Eurozone crisis. There has been no global reforms and the G20 is ineffective. Thus the role of the UN on global economic issues is vital. These are highlights of the speech by the South Centre’s Chief Economist at the UN General Assembly High Level Thematic Debate on the State of the Global Economy in New York on 18 May.
World economy in vicious cycle hindering transition, warns BIS
Thu Jul 12 2012 - Source: Third World Network
Five years after the outbreak of the financial crisis, the global economy is caught in a vicious cycle in which adjustment efforts of governments, households, business and financial sectors are worsening prospects for each other, and the path for balanced self-sustaining growth remains a difficult, and unfinished task, warns the Bank for International Settlements (BIS) in its annual report, released Sunday.
What now for European monetary union?
Thu Jul 12 2012 - Source: Third World Network
The Basel-based Bank for International Settlements (BIS) has joined a growing chorus of global institutions and leaders calling on the eurozone countries to quickly act to bring about more financial and fiscal integration, and strengthen the institutional foundations of the currency union itself.
Society, economic policies and future of finance sector
Thu Jul 12 2012 - Source: Third World Network
The future of finance, and in particular, saving it from a popular backlash against the global financial crisis and related crisis-management policies, has rightly become a matter of great concern. There is broad agreement that finance, as in the past, has the potential to do good, which should be harnessed by all. However, it is essential to minimise its potential to do harm.
  • The G20 and the 2030 Agenda: Contradictions and conflicts at the Hamburg Summit
    Thu, 21 Sep 2017 14:38:51 +0000

    On 7 and 8 July 2017, the summit meeting of the G20, the group of 19 major economies and the European Union, was held in Hamburg, Germany. Media perception of the event was marked by the US President?s appearance and the conflicts in climate and trade policies. In contrast, other topics, including the G20 activities regarding the implementation of the 2030 Agenda, took a backseat. Hardly any attention was given to the Hamburg Update of the G20 Action Plan on the 2030 Agenda.

    Many observers representing academia and civil society viewed the Summit resolutions as insufficient or even counterproductive. Above all, they criticized the blind faith in economic growth reflected by the Summit documents and the one-sided focus on private investments to finance development.

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  • Kenya: Future debt disaster
    Fri, 15 Sep 2017 17:45:23 +0000

    The Kenya Social Watch report registers ?heavy and unprecedented investment in mega-infrastructure projects.? Instead of spurring equitable economic growth these initiatives are placing on the national economy an unbearable debt burden of some US$ 50 billion.

    The report states that ?the growth-leading sectors have not only been broadly based but also have performed poorly, particularly in respect to poverty-reduction and equity-inducing policy dispensations and accompanying strategic instruments. Decreased activity in the agricultural and manufacturing sectors have induced a jobless growth that has had the effect of a flood in the wake of which not all the boats could be lifted. Instead it has rendered Kenya one of the most unequal societies in the world.?

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  • Czech Republic is back in the Second World
    Fri, 15 Sep 2017 17:42:13 +0000

    When the democratization process started, quarter of a century ago, the Czech Republic hoped to raise its social, environmental, economic and legal realities to ?First World? standards. The Czech Social Watch coalition concluded in its alternative report to the United Nations that ?we are back in the Second World?. The chapters on People, Planet, Prosperity, Peace and Justice and Partnerships provide evidence of an increasing gap between East and West in Europe.

    ?Apart from indisputable internal responsibility, international cooperation has been lacking and it is not surprising that trust in the EU is decreasing in new member states?. The report complains about underrepresentation of Eastern Europe internationally and sees ?ethnically motivated murders of Czech and Polish workers in Great Britain by neo-Nazis in connection with Brexit? as ?only the tip of the iceberg?.

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  • Income, wage gaps, and poverty in Canada
    Thu, 14 Sep 2017 14:54:40 +0000

    New Census numbers released this week show that overall incomes have risen in the past ten years in Canada. This is excellent news. Economic growth driven by rising wages is growth we can feel, growth that translates into a better life.

    However, not all Canadians are having the same experience. When you look at different parts of Canada, and different Canadians, you see some important differences. This Census release doesn?t include the differences in income and poverty experienced by racialized, indigenous, and immigrant groups. For that information, we have to wait another month. However, you can already see differences in the wages of men and women and very different levels of poverty depending on which city you live in (or if you live in a city at all).

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  • Brazil: Utopia or dystopia’
    Mon, 11 Sep 2017 12:25:38 +0000

    It will not be possible to implement the Sustainable Development Goals (SDGs) in Brazil. This sad prospect is a consequence of the lack of the necessary budgetary allocations, resulting from the current austerity policies of the Temer administration. Such policies establish a cap for social expenses and promote budgetary cuts of over 50 percent in many governmental bodies, along with other reforms that lead to social exclusion, increase inequalities and relinquish the national wealth via privatization processes.

    The current government of Brazil lacks legitimacy to promote actions and thus it uses the SDG discourse to justify its policies while at the same time rendering these same SDGs unattainable as a result of its political and economic decisions.

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  • Sustainability under construction: The 2030 Agenda implementation IN and BY Germany
    Mon, 11 Sep 2017 12:23:34 +0000

    In its civil society shadow report a wide coalition of civil society organizations from Germany formulates analyses, criticism and recommendations for action in 17 areas, from poverty in old age to German foreign policy. The report opens with cross-sectoral analyses on areas that cannot be sufficiently located within the logic of the 17 SDGs, as for example, on the subject area ?populism? or the issue of international tax cooperation. The report also addresses the policies of the German government, whatever political configuration may come out after the federal election in September of 2017. The report concludes that "relying on a change in awareness of consumers and producers alone will not bring us closer to the goal of sustainability fast enough."

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  • Iraqi women’s determination to play a real role in the process of political reform
    Thu, 07 Sep 2017 23:27:50 +0000

    The Iraqi Women Network held a national conference in Mosul after the city was recovered by the government, with the participation of women from various cities in Iraq, civil society activists and women who have resisted the culture of violence, exclusion and terrorism during the rule of ISIS.

    The conference declaration stresses Iraqi women?s determination to play a real role in the process of political reform "to eliminate the abhorrent sectarian system and combat against corruption, and insuring accountability and no impunity for the criminals or anyone involved in corruption, and building a state of institutions based on respect for human rights and the principles of citizenship and integrity."

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  • PPPs are incompatible with good public services in Nepal
    Mon, 04 Sep 2017 10:52:27 +0000

    Nepal has faced one socioeconomic shock after another in a relatively short period of time, be it the ten- year civil war or the devastating earthquake or the unstable government, which has changed 25 times since the restoration of democracy in 1990.

    At the end of 2015, the government introduced the Public Private Partnership (PPP) policy followed by trainings and programmes emphasizing the need for private investment to finance public services, especially for the SDGs. The ultimate need of private entities to maximize profits in order to stay in business is fundamentally incompatible with protecting the environment and ensuring universal access to quality public services. This is evident in the failure of Kathmandu Upatyaka Khanepani Ltd. (KUKL), the first PPP scheme in 2008, to deliver its promise to improve the water delivery efficiency around Kathmandu Valley. High water tariffs, undersupply of water and high deficits also shows the inefficiency of the board, chaired by the representative from a private sector, along with KUKL.

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