In the Roundtable Discussion “Systemic Issues, including Global Economic Governance and External Debt” that took place in the framework of the UN General Assembly Hearings with Civil Society in preparation for the Third International Conference on Financing for Development Marina Durano, member of Development Alternatives with Women for a New Era, said that we need to respond to volatile flows of finance that become external sources of instability for open economies. Colleagues have already spoken about unpredictable aid flows. We need to take a critical look at investment capital that search for gains from interest rate or currency arbitrage brought on by very loose monetary policies of developed countries. These flows affect the value of developing country currencies as well as prices in their assets markets.
At the opening of the United Nations hearings with business and civil society, Social Watch coordinator Roberto Bissio defends Sustainable Development Goals as expression of a new paradigm. For the SDGs to bare fruit, the power of the biggest 200 corporations, with combined sales that are bigger than the total economies of 180 countries, needs to be harnessed. The UN should not tarnish its image associating its programs with big tax evaders or endorsing private-public partnerships that are exclusive, untransparent and too frequently associated with corruption. A binding legal instrument for business and human rights, while disliked by business leaders, might introduce a predictable framework that ultimately benefits the small and medium entrepreneurs that create most of the jobs in times of crisis.
By Thalif Deen, IPS
The Civil Society Reflection Group (CSRG) on Global Development Perspectives will be releasing a new study which calls for both goals and commitments – this time particularly by the rich – if the U.N.’s 17 proposed new Sustainable Development Goals (SDGs) in the post-2015 development agenda are to succeed.
By Sabá Loftus
The 23-27 March session of the Post-2015 intergovernmental negotiations will focus on the Sustainable Development Goals and Targets. In this context on the 18th March, at the special request by the Co-facilitators, the Bureau of the UN Statistical Commission (UNSC) provided a “Technical report on the process of the development of an indicator framework for the goals and targets of the post-2015 development agenda”. This has re-sparked ongoing discussion over whether the indicators should be technical or politically negotiated.
By Marina Ponti, Social Watch
On Monday, the 23rd of March 2015, government representatives will meet at UN Headquarters for five days of negotiations on the SDG’s goals, targets and indicators.
Governments should resist the temptation –particularly when looking at targets and indicators- to be restricted by existing quantitative monitoring systems and the current (and limited) availability of data.
By Sabá Loftus, Social Watch
On the 18th March, the Public Services International Research Unit (PSIRU) hosted a side event in New York to promote the report “Why Public-Private-Partnerships don’t work”. The report assessed the impact of Public-Private Partnerships (PPPs) actually undertaken in rich and poor countries. These global case studies show that there is no evidence that PPPs are cheaper or more convenient for governments in the long-term.
By Marina Ponti, Social Watch
An interesting report named “Illicit financial flows, human rights and the post-2015 development agenda” has been submitted to the Human Rights Council on 9 March 2015 under the agenda item “Promotion and protection of all human rights, civil, in political, economic, social and cultural rights, including the right to development”.
By Roberto Bissio, Social Watch
The UN Statistical Commission concluded its meeting in New York last March 6 without agreeing on a list of indicators to measure the achievement of the Sustainable Development Goals (SDGs). The body is composed of 24 governments and it oversees the work of the UN statistical Division, the most important global agency on world indicators, in charge, among other things of defining how GDP is conceptualized and counted.
By Sabá Loftus
The UN Statistical Commission discussed the challenges of the Post-2015 Development Agenda. This included implementation, measuring or monitoring progress as well as accountability. This includes a pragmatic look at the available data and implications for the Sustainable Development Goal indicators. Linkages between different agendas being negotiated in parallel such as Financing for Development, Post-2015 and Climate were starkly noticeable.
By Ranja Sengupta and Mirza Alas.
As the discussion on the Declaration of the Post-2015 Development Agenda gets underway, differences between developing and developed countries that are likely to loom over the rest of the Post-2015 negotiations became clearer.