— The South Centre Blog

manuel_montes-tnIn discussions at the UN about achieving Agenda 2030, it has become de rigueur to highlight the role of the private sector.  It is often introduced as the discovery of the idea that private sector investment and financing is indispensable to achieving Agenda 2030. For developed country diplomats and their associated experts this new celebrity treatment appears to be an article of faith, at least during negotiations on economic matters in the UN. They are foisting a misleading Trumpian exaggeration that is technically harmful to development policymaking and to Agenda 2030.

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Human_RightsBetwKinda pic 2010een the 24th and 28th of October 2016, in Geneva, the open-ended working group (OEIGW) on transnational corporations (TNCs) and other business enterprises with respect to human rights successfully held its second meeting.

 

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manuel_montes-tnSystemic issues are issues that arise from the built-in features of the global system and the impact of the interaction of its parts; as implied in the chapter title in the Monterrey Consensus, it pertains to the coherence and consistency of the monetary, finance and trade systems.  Systemic issues point at the weak points in the whole global financial “architecture,” the international structures and mechanisms that are beyond the control of individual countries.  Systemic issues are a particular concern to developing countries, which have experienced their greatest development reversals during international payments crises.

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manuel_montes-tnDebt_Sustainability

On 10 September 2015, at its Sixty-Ninth Session, the UN General Assembly in plenary session adopted the resolution on “Basic Principles on Sovereign Debt Restructuring Processes” (A/RES/69/319) in New York, with 135 member States voting for, six against and 42 abstentions.  On the grounds that it would create uncertainty and reduce external financing for developing countries, the United States, supported by developed country allies – European Union countries, Japan, Australia and New Zealand – voted against the proposed General Assembly effort to start work toward a multilateral legal framework in the UN.

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manuel_montes-tnInvestment_2Cet article étudie la question du <<non-droit>> dans le système économique international, en s’intéressant au cas particulier des traités bilatéraux d’investissement.

 

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manuel_montes-tnAkha Coffee WorkerThirty years ago, the United Nations adopted the Declaration on the Right to Development (“the Declaration”).   Is this anniversary worth celebrating?  Has this declaration outlived its usefulness and its anniversary best forgotten?   My answer is NO.

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Khor 1Clean_EnergyMuch is expected of the important Paris climate conference, but so many huge differences remain among the countries and time is running out.

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Khor 1Marinate_TradeAlthough the TPPA negotiations have concluded, the text is not yet made public, and the debate on its effects and implications will go on.

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Khor 1PollutionThe “haze” may continue till November, and vulnerable groups are frustrated that their health is being compromised, thus top political priority should now be given to stopping this annual crisis.

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