development – Global Social Justice

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FfD4 2025: a beacon of hope?

Today we live in a world that is facing a precarious future, torn apart by inequality, conflicts and a deep ecological crisis. The changes in governments in 2024 – the biggest election year in history – gave little hope for the action needed to address these existential issues. The pendulum seems set to continue its swing to the right in 2025. Everybody is holding their breath when it comes to the foreign policy of the new US administration and how this will impact global affairs, as geopolitical divisions are likely to be accentuated. The global climate and economic justice agenda also stands to be affected by this.

FfD4: A beacon of hope for international financial architecture reform in 2025 – Eurodad

For a new International Financial Architecture

19 November 2024 / Francine / 0 Comments

The international financial architecture is in urgent need of reform. In the words of UN Secretary-General António Guterres, it is “outdated, dysfunctional and unjust”. The main institutions were created 80 years ago in a transatlantic agreement, at a time when many of the world’s nation-states of today were still colonies. Moreover, the institutions have failed in their mission to prevent and mitigate crises and to mobilize sufficient financing for internationally agreed development goals.

Reimagining the International Financial Architecture | Global Policy Forum

UNCTAD at 60!

2 August 2024 / Francine / 0 Comments

The United Nations Trade and Development (UNCTAD) celebrated its 60th anniversary in June 2024 in Geneva, holding a high-level Global Leaders Forum that brought together ministers, officials and experts to discuss the multidimensional challenges facing countries, and strategies for advancing the UN 2030 Agenda for Sustainable Development. It highlighted the need for innovative solutions to address current global crises that can promote resilience, economic growth and sustainable development.

The South Centre | SouthViews No. 271, 31 July 2024

South Suffering due to policies of powerful nations

31 May 2024 / Francine / 0 Comments

The World Bank expects the international economic slowdown to be at its worst in over four decades in 2024. This is mainly due to powerful Western nations’ contractionary macroeconomic and geopolitical policies.

South Suffering Due to Powerful Nations’ Policies | Inter Press Service (ipsnews.net)

Trade liberalisation kicked away the development ladder in Africa

8 May 2024 / Francine / 0 Comments

Africans have long been promised trade liberalisation would accelerate growth and structural transformation. Instead, it has cut its modest production capacities, industry and food security.

Trade Liberalisation Kicked Away African Development Ladder | Inter Press Service (ipsnews.net)

ITUC asks for systemic shift

3 May 2024 / Francine / 0 Comments

The ITUC demands substantial changes in global financial strategies to better meet the Sustainable Development Goals (SDGs), after the conclusion of the United Nations’ Financing for Development Forum (FfD Forum).

ITUC calls for “systemic shift” at UN Financing for Development Forum – International Trade Union Confederation (ituc-csi.org)

Industrial policies? Of course!

21 March 2024 / Francine / 0 Comments

Developing countries wanting to pursue industrial policy were severely reprimanded by advocates of the ‘neoliberal’ Washington Consensus. Now, it is being deployed as a weapon in the new Cold War.

Industrial Policy, East or West, for Development or War? | Inter Press Service (ipsnews.net)

More Poverty, more Inequality…

8 January 2024 / Francine / 0 Comments

Look at the charts of the World Bank: 2023 was noty positive at all. More poverty, more inequality, ‘development work more complicated’…

2023 in Nine Charts: A Growing Inequality (worldbank.org)

Middle Income Country Trap?

22 November 2023 / Francine / 0 Comments

In recent decades, failure to sustain economic progress has been blamed on a supposed middle-income country (MIC) trap. Such blaming obscures as much as it supposedly explains.

Article by Jomo Kwame Sundaram:

Tag: development (page 1 of 2)

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