finance

Alternatives to Debt and Austerity in Latin America

Alternativas frente a la Deuda y Austeridad en América Latina | Alternatives to Debt & Austerity in Latin America

Panel:

  • Oscar Ugarteche, Coordinator of the Economic Observatory of Latin America (OBELA) from the Economic Research Institute (UNAM).
  • Isabel Ortiz, Director of Global Social Justice

Comments:

  • How do austerity policies affect workers? Jocelio Drummond, Regional Secretary of the Public Services International (PSI) for the Americas
  • How do austerity policies affect women’s rights? Verónica Serafini, Latindadd
  • How was the IMF´s return to Latin America? Mario Valencia, Latindadd

Moderator: Patricia Miranda, Latindadd

Register here: https://zoom.us/webinar/register/5516215289568/WN_lCE-A_smQ_GEr946KztoZQ

Background:
Latin America is going through one of the worst social and economic crises, which drags structural failures of the economic model deepened during the pandemic.

In the face of confinement decisions, developed countries have responded with fiscal stimuli and monetary emissions, and some poor countries have managed to access temporary debt service suspensions. However, middle-income countries -that is to say, almost all countries in Latin America- face difficulties in accessing the neccesary financing to address health and economic emergencies.

Concerns in the region grow around the need to alleviate the situation of millions of people living below the poverty line, closing the deepening gender gaps, applying urgent measures in the face of job losses, preventing lack of education from becoming a structurally lagging factor and also, preventing countries from continuing to depend on the extractive economy as the only form of economic growth, among others.

The financing needs to face the crisis have led countries to borrow, increasing their external and internal debt in the midst of a critical fiscal situation, as well as to implement austerity measures. The IMF has returned to the region and there are no signs of a sustainable recovery in this new lost decade for Latin America. In this seminar we seek to address responses and solutions to the situation in Latin America, in the midst of a multiple crisis. Additionally, we seek to address alternatives leading to the recovery of the region.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Human Rights, please email the co-chairs at bknotts@uua.org or bobbinassar@gmail.com. 

Alternatives to Debt and Austerity in Latin America

Alternativas frente a la Deuda y Austeridad en América Latina | Alternatives to Debt & Austerity in Latin America

Panel:

  • Oscar Ugarteche, Coordinator of the Economic Observatory of Latin America (OBELA) from the Economic Research Institute (UNAM).
  • Isabel Ortiz, Director of Global Social Justice

Comments:

  • How do austerity policies affect workers? Jocelio Drummond, Regional Secretary of the Public Services International (PSI) for the Americas
  • How do austerity policies affect women’s rights? Verónica Serafini, Latindadd
  • How was the IMF´s return to Latin America? Mario Valencia, Latindadd

Moderator: Patricia Miranda, Latindadd

Register here: https://zoom.us/webinar/register/5516215289568/WN_lCE-A_smQ_GEr946KztoZQ

Background:
Latin America is going through one of the worst social and economic crises, which drags structural failures of the economic model deepened during the pandemic.

In the face of confinement decisions, developed countries have responded with fiscal stimuli and monetary emissions, and some poor countries have managed to access temporary debt service suspensions. However, middle-income countries -that is to say, almost all countries in Latin America- face difficulties in accessing the neccesary financing to address health and economic emergencies.

Concerns in the region grow around the need to alleviate the situation of millions of people living below the poverty line, closing the deepening gender gaps, applying urgent measures in the face of job losses, preventing lack of education from becoming a structurally lagging factor and also, preventing countries from continuing to depend on the extractive economy as the only form of economic growth, among others.

The financing needs to face the crisis have led countries to borrow, increasing their external and internal debt in the midst of a critical fiscal situation, as well as to implement austerity measures. The IMF has returned to the region and there are no signs of a sustainable recovery in this new lost decade for Latin America. In this seminar we seek to address responses and solutions to the situation in Latin America, in the midst of a multiple crisis. Additionally, we seek to address alternatives leading to the recovery of the region.

______________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Human Rights, please email the co-chairs at bknotts@uua.org or bobbinassar@gmail.com. 

UN Office at Geneva and World Academy of Art and Science lead e-Conference on Global Leadership in the 21st Century; partners include CoNGO

UPDATE: See UNOG news release.

14 December 2020, New York City (CoNGO InfoNews) – An e-conference on Global Leadership in the 21st Century will be held on 15 and 16 December, under the joint leadership of the  United Nations Office at Geneva and the World Academy of Art and Science (WAAS). The Conference of Non-Governmental Organizations in Consultative Relationship with the United Nations (CoNGO) is one among 24 partner organizations from the UN System, academia, civil society, foundations and the private sector.

In an advance message, CoNGO President Liberato C. Bautista said: “Global leadership today must have a focus and a locus at once local and global. It will require transborder and transnational organizing, and mobilizing for glocal consciousness and action.”

At this two-day conference, the results of a year-long project to develop catalytic strategies to address the challenges of global leadership facing the world will be presented.  Online events will include sessions on peace and human security, economy and employment, health and food security, environment, finance, education, civil society, the media, youth networks, social movements, and integration of research and implementation.

Speakers include UN Office at Geneva Director General Tatiana Valovaya, Columbia University Center for Sustainable Development Director Jeffrey Sachs, actress and activist Jane Fonda, WAAS President and CEO Garry Jacobs, and numerous political, civil society and thought leaders from around the world.

The President of CoNGO, Liberato C. Bautista, will address the conference at 11:00AM (Geneva) | 05:00AM (New York) at the panel on “Mobilizing Civil Society: Building Global Social Consciousness”.

For further information and registration, please see http://bit.ly/3oGUtOO, the agenda and schedule at https://bit.ly/3gNcuYF and speaker bios here. Videos will be available online after the event, at the World Academy of Art and Science.