debt

South-South Sharing of Experiences in Macro-Financial Policies for Structural Transformation

UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT

Meeting the 2030 Agenda and the Sustainable Development Goals (SDGs) is inextricably linked with the process of structural transformation. Macroeconomic and financial policies are a key area in which many developing countries face limitations in their capacity to effectively design, manage, coordinate, implement, and evaluate the policy levers of structural transformation. South-South sharing of experiences, including by drawing lessons from success stories such as China’s development strategy, can help to address this shortcoming and assist national capacity-building.

China’s successful development experience over the past 40 years has been based on a pragmatic, gradual and experimental approach to development. Many other developing countries adopted policy strategies that emphasize reducing state influence over key macroeconomic policy levers such as exchange rates and interest rates, combined with broad-based liberalization and privatization at the sectoral level. This latter approach did not result in structural transformation. As such, China’s experience may act as a reference point from which other developing countries can assess alternative economic policy options that are consistent with their own objectives for structural transformation and adapted to their own specific circumstances.

This webinar looks at macroeconomic and financial policies from a comparative cross-country perspective. It aims at fostering a better understanding of the key macroeconomic and financial policy challenges that developing countries face and the extent to which China’s development strategy, trajectory and dynamics can inform other countries’ macroeconomic and financial policy strategies.

Register here: us02web.zoom.us/webinar/register/WN_ryV6dH_4SsKEuaGb7o44tw

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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 Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org.

Financing a sustainable recovery: the role of debt-relief instruments

Dear Colleagues,

Please join us for an HLPF Side Event on “Financing a sustainable recovery: The role of debt-relief instruments.”

This virtual side event, which is part of the Financing for Development in the Era of COVID-19 and Beyond Initiative, is jointly organized by UN DESA and UN Economic and Social Commission for Western Asia (UN ESCWA), with participation of UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and UN Economic and Social Commission for Asia and the Pacific (UN ESCAP) and the IMF.

The event brings together UN and other international experts to present and explore efforts to develop instruments for debt relief and restore fiscal space, for countries’ COVID response, climate action and the SDGs. The session aims to strengthen international and regional discourse on debt relief, especially in relation to climate change and the upcoming COP26.

The side event will take place on Thursday, 15 July 2021 (7:30 am – 9:00 am, New York/EDT) on WebEx.

Click here to register for the event and for more information, including the full concept note.

We welcome the participation of all stakeholders. You are most welcome to share this invitation with your networks.

Kind regards,

Navid Hanif

Director, Financing for Sustainable Development Office
Department of Economic and Social Affairs, United Nations

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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 Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org

Financing Global Climate Action and Promoting Digital Solutions

Financing Global Climate Action and Promoting Digital Solutions

Session 4 of the UN DESA Global Policy Dialogues for Climate Action

  • How has the COVID-19 crisis put climate finance at risk? 
  • What are examples of good projects that are leading the path to jumpstart more investment in climate mitigation and adaptation efforts?
  • What are some of the innovative applications of digital technology for mitigating the climate crisis?

Join UN DESA, finance experts, policymakers, and climate and sustainable development practitioners for a discussion of the best approaches for ensuring that climate financing measures are included in rebuilding efforts related to the COVID-19 pandemic, and that such efforts are inclusive and help the most vulnerable. Additionally, experts will discuss emerging digital solutions to the climate crisis, including ideas related to the Internet of Things, for climate adaptation and mitigation and ways to scale them up.

Register here by 29 June 2021: bit.ly/climate30june

More information: bit.ly/DESAdialogues

The event is free and open to all, and will be streamed live on UN DESA’s Facebook page. It will be held in English with captions available in Arabic, Chinese, English, French, Russian and Spanish. The event is made possible by the United Nations Peace and Development Trust Fund. All are welcome!

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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 Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org.

Build Your House on Your Own Pillars: Key Issues for Developing Countries at the OECD Inclusive Framework Negotiations on the Taxation of the Digital Economy

Key Issues for Developing Countries at the OECD Inclusive Framework Negotiations on the Taxation of the Digital Economy

15 June 2021, 13:00 – 15:00 (CET)

The South Centre and the Global Alliance for Tax Justice invite you to a webinar titled Build Your House on Your Own Pillars: Key Issues for Developing Countries at the OECD Inclusive Framework Negotiations on the Taxation of the Digital EconomyThe webinar will feature prominent voices of the Global South, including negotiators in the Inclusive Framework, who will share their views on the key issues for developing countries in the “Two Pillar Approach” on taxing the digitalized economy. It seeks to introduce a new taxing right in Pillar One focused on reforms to existing nexus and profit allocation rules, while Pillar Two is focused on a global minimum tax. The Two Pillar approach aims to introduce new elements into international taxation, such as limited formulary apportionment, multilateral dispute resolution and the allocation of taxing rights through a multilateral agreement. There are several pending issues which need resolution and are of importance to developing countries.

The webinar will be a panel discussion followed up with a Question-and-Answer session.

Registration: https://zoom.us/meeting/register/tJAlcuGrrDwoE9YjHBEhFvPPgTRl17BO-HtF

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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 Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org.

109th Session of the International Labour Conference

109th Session of the International Labour Conference

In the context of the COVID-19 pandemic, the International Labour Office has organized extensive tripartite consultations with a view to enabling the Governing Body to finalize, at its 341st Session (15-27 March 2021), the exact format, dates, agenda, programme and participation modalities for the 109th Session of the International Labour Conference in 2021. The Office will inform in due course member States and invited observers of the decisions made in this regard by the Governing Body.

To stay apprised on information about participation, to view pertinent reports, and to view past International Labour Conferences, check ilo.org/ilc/ILCSessions/109/lang–en/index.htm.

Agenda – Standing items

I.  Reports of the Chairperson of the Governing Body and of the Director-General

A. ILO programme implementation 2018–19

B. Report of the Director-General

Appendix: The situation of workers of the occupied Arab territories 2020  and 2021

C. Reports of the Chairpersons of the Governing Body for the periods 2019–20 and 2020–21

II. Programme and Budget and other questions

III. Information and reports on the application of Conventions and Recommendations

A. Application of International Labour Standards 2020. Report of the Committee of Experts on the Application of Conventions and Recommendations 

B. Promoting employment and decent work in a changing landscape – 2020 General Survey published by the Committee of Experts on the Application of Conventions and Recommendations (CEACR) 

Items placed on the agenda by the Conference or the Governing Body

IV. Inequalities and the world of work (general discussion)

V. A recurrent discussion on the strategic objective of social protection (social security), under the follow-up to the ILO Declaration on social Justice for a Fair Globalization

VI. Skills and lifelong learning (general discussion)

VII. Abrogation and withdrawal of international labour Conventions and Recommendations *

A. Abrogation of eight international labour Conventions and withdrawal of nine international labour Conventions and 11 international labour Recommendations

B. Withdrawal of one international labour Convention

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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 Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org

[UNCTAD15 civil society discussion] Frontier technologies, the digital economy and development

#UNCTAD15 Civil Society Discussion Series

This event is part of a series of online discussions with civil society held in preparation for the UNCTAD15 ministerial conference that will take place in the week of 3 October 2021.

Senior officials from UNCTAD and civil society leaders will discuss issues related to frontier technologies, the digital economy and development. The key issues identified will be reported to member states as part of the intergovernmental preparatory process for UNCTAD15.

The event, which will be opened by Shamika Sirimanne, director of UNCTAD’s division on technology and logistics, is open to the public.

Registration is mandatory: unctad.us17.list-manage.com/subscribe?u=69d5b141e8ba277f176908a58&id=856c168864

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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 Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Education, Learning, and Literacy, please visit facebook.com/NGOCELLatUN.

UNCTAD15 civil society discussion on frontier technologies, the digital economy and development

Join us for a pre-event on the road to UNCTAD15. This discussion is the second part of a series of online discussions with civil society held in preparation for the UNCTAD15 ministerial conference.

The dialogue aims to raise awareness of civil society representatives on the issues of technology transfer, e-commerce and the digital economy. The outcome of the session will be presented to member states as part of the intergovernmental preparatory process for UNCTAD15. Find out more here.

The event is open to the public, but registration is mandatory. Register here!

Questions for discussion

Technology transfer

  • What would be the elements of an agenda for technology transfer that include civil society’s concerns and aspirations?
  • What are the challenges and opportunities that frontier technologies can bring?
  • What are the mechanisms to accelerate technology transfer and ensure that it benefits the most disadvantaged communities?

E-commerce and digital economy

  • What would be the elements of an agenda for the deployment of e-commerce and digital economy in developing countries that include civil society’s concerns and aspirations?
  • What are the challenges and opportunities that frontier technologies can bring?
  • What are the mechanisms to accelerate the adoption of e-.commerce and digital economy, ensuring that they benefit the most disadvantaged communities?

Programme

Opening remarks:

  • Ms. Shamika Sirimanne, Director, Division on Technology and Logistics, UNCTAD

Keynote address on the agenda for technology transfer that includes civil society’s concerns and aspirations:

  • Ms. Neth Daño, Coordinator and Asia Director ETC Group, the Philippines

Keynote address on mechanisms to accelerate the adoption of e-commerce and the digital economy leaning no one behind:

  • Mr. Parminder Jeet Singh, Executive Director, IT for Change

Followed by an Interactive dialogue with civil society representatives:

  • Moderated by Ms. Chee Yoke Ling, Third World Network

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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 Education, Learning, and Literacy, please visit facebook.com/NGOCELLatUN. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org

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. 

World Day for Cultural Diversity for Dialogue and Development

Cultural events cancelled, cultural institutions closed, community cultural practices suspended, empty UNESCO World Heritage sites, heightened risk of looting of cultural sites and poaching at natural sites, artists unable to make ends meet and the cultural tourism sector greatly affected… The impact of COVID-19 on the cultural sector is being felt around the world. This impact is social, economic and political – it affects the fundamental right of access to culture, the social rights of artists and creative professionals, and the protection of a diversity of cultural expressions.

The unfolding crisis risks deepening inequalities and rendering communities vulnerable. In addition, the creative and cultural industries (CCI) contribute US$2,250bn to the global economy (3% of GDP) and account for 29.5 million jobs worldwide. The economic fall-out of not addressing the cultural sector – and all auxiliary services, particularly in the tourism sector – could also be disastrous. (source “Culture & COVID-19: Impact and Response Tracker – Issue 2

Why does cultural diversity matter?

Three-quarters of the world’s major conflicts have a cultural dimension. Bridging the gap between cultures is urgent and necessary for peace, stability and development.

Cultural diversity is a driving force of development, not only with respect to economic growth, but also as a means of leading a more fulfilling intellectual, emotional, moral and spiritual life. This is captured in the culture conventions, which provide a solid basis for the promotion of cultural diversity. Cultural diversity is thus an asset that is indispensable for poverty reduction and the achievement of sustainable development.

At the same time, acceptance and recognition of cultural diversity – in particular through innovative use of media and Information and Communications Technologies (ICTs) – are conducive to dialogue among civilizations and cultures, respect and mutual understanding.

To read more about the origin of this observance and peruse relevant materials, visit un.org/en/observances/cultural-diversity-day.

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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 Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org

 

Accelerating Digital Transformation of Government Services

World Summit on the Information Society Forum 2021

This session will provide a platform for high-level dialogue between the representatives of international and regional organizations, government, civil society, and private sector, on the challenges and possible solutions, including the offering of GovStack initiative, that aims at accelerating digitalization of the governmental services across the world.

Register here: itu.zoom.us/webinar/register/WN_4waiI4cJTRCpn5f8M6jdWg

Digital government services are vital for developing a digital economy that benefits all citizens by expanding access to critical services such as health, education, and social protection. Countries seeking to achieve the Sustainable Development Goals (SDGs) in the next ten years are increasingly looking to national digital strategies and agendas to transform the way they do business and improve the lives of their citizens. Current challenges to digital government include lack of coordination, the habit of working in siloes, funding constraints, and the absence of scalable solutions, all posing significant constraints to digital transformation in government. Amid the increasing pressure to act, countries do not have the time nor the luxury to reinvent the wheel or review fragmented and duplicated investments. This further increases costs and inefficiencies.

A “Whole-of-Government” platform approach to developing government services through the reuse and minimal customization of quick and easy to adopt building blocks is at the heart of the success of digital government services projects. Open-source models for a government platform that is built from modular and reusable components, leveraging a secure and standards-based approach, are an optimal solution to solving these issues in a cost-efficient and scalable manner.

This session will provide a platform for high-level dialogue between the representatives of international and regional organizations, government, civil society, and private sector, on the challenges and possible solutions, including the offering of GovStack initiative, that aims at accelerating digitalization of the governmental services across the world.

For more information, full agenda, and the list of panelists: itu.int/net4/wsis/forum/2021/Agenda/Session/416

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CoNGO Notes: CoNGO is a civil society focal point with the WSIS Forum. See former CoNGO President, Cyril Ritchie, in this interview with ITU: youtube,com/watch?v=cYA8UauD28UFor more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Education, Learning, and Literacy, please visit facebook.com/NGOCELLatUN.

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