The United States and the Bretton Woods institutions, the International Monetary Fund (IMF) and the World Bank, had failed to adequately address the international financial crisis. The only realistic way out of the global crisis was to proceed democratically, in an inclusive manner, and there was no better place to do that than in the framework of the United Nations. A panel held at the UN headquarters in New York on 30 October 2008 concluded that quick-fixes and half-measures behind closed doors were not enough. A WDEV summary of the event with Joseph Stiglitz and others
The panel has been convened by Miguel d’Escoto Brockman, President of the General Assembly who told a press conference that the current financial crisis presented opportunities for change. In particular, he spoke about the plans to form a high-level task force to review the global financial system. The composition of that body would be made public in the near future, and work was under way to formulate the terms of reference for that body ... ... this article comes up in Issue 6/Nov-Dec 2008 and is for subscribers only. For direct log in >>> click here.If you have no subscription >>> pick your option or >>>
Weakening of workers' rights in most regions is being aggravated by severe crackdowns on freedom of speech and assembly, according to the 2016 Global Rights Index. Restrictions on freedom of speech and assembly, including severe crackdowns in some countries, increased by 22%, with 50 out of 141 countries surveyed recording restrictions.
The year 2015 was marked on the one hand by the inability of the European Union (EU) to emerge from the crisis, and on the other by a dramatic rise in the number of people taking flight from their homes and from their homelands, because of wars and terrorist attacks, in many cases caused by the destructive policies of the EU and of its member states.
The world economy stumbled in 2015 and only a modest improvement is projected for 2016/17 as a number of cyclical and structural headwinds persist, says the United Nations World Economic Situation and Prospects (WESP) 2016 report. Global growth is estimated at a mere 2.4% in 2015.
Within a few weeks leftwing governments in Latin America have experienced a breath-taking decline. The Latin American (centre-) left forces suffered several strategic defeats. They occurred in the biggest Latin American economies. First in Argentina, than in Venezuela, and also in Brazil the days of an uncontested majority of left forces are definitely over now.
14 years after their previous strategy on gender mainstreaming, the WBG has decided to develop a new Gender Equality (GE) Strategy. This briefing document presents WIDE+ critical reflections and key recommendations to enhance the new World Bank Group's (WBG) strategy on Gender Equality.