The Financial Crisis and the Global South: Impact and Prospects
The world economy has not still recovered from the effects of the financial crisis that began almost a decade ago first in the US and then in Europe. Policy response to the crisis, the combination of fiscal restraint and ultra-easy monetary policy, has not only failed to bring about a robust recovery but has also aggravated systemic problems in the global economy, notably inequality and chronic demand gap, on the one hand, and financial fragility, on the other. (more…)
South Centre Statement to the Ministerial Meeting of the Group of 24
Below is the Statement by the South Centre’s Executive Director Mr. Martin Khor which was distributed during the Ministerial Meeting of the Group of Twenty-four held in Washington DC on 20 April 2017.
South Centre Statement in the NAM Forum on the 62nd Anniversary of the Principles of Bandung
In a world of so many crises affecting the developing countries, the Non Aligned Movement (NAM) and the Bandung Principles that led to the NAM’s formation are as relevant as ever. This was stated by the South Centre at a forum held by the NAM to commemorate the adoption of the Bandung Principles in Bandung by leaders of the newly independent countries 62 years ago.
Highlights of COP 22 in Marrakech 2016, including interpreting the Paris Agreement
A year after the historic Paris Agreement was adopted, the UN Climate Change Convention held its 22nd Conference of Parties in Marrakech in November 2016. The Paris Agreement has come into force, in record time, but as the COP22 showed, there are big differences on what Parties understand the Agreement to mean. (more…)
The G77 Extraordinary Summit of heads of states and governments of the G77 and China countries was held in Santa Cruz, Brazil, on 14-15 June 2014, to commemorate the 50th anniversary of the founding of the Group of 77 in 1964. One of the main outcomes of the Summit was a Declaration which was adopted by the Summit at its plenary session on 14 June. (more…)
Press Release: Silencing the message or the messenger …. or both?.
On 11 April 2012, two former senior UNCTAD officers held a press conference at the Club Suisse de la Presse, Geneva, Switzerland. They presented a statement signed by almost 50 former senior UNCTAD officers and staff that expressed deep concern and alarm regarding the pressure placed on UNCTAD and the Group of 77 by major developed countries in the preparations for UNCTAD XIII. (more…)
Statement at UN High Level Conference on South-South Cooperation, Nairobi, Kenya
On behalf of the Chairman of the Board of the South Centre, H.E. former resident Benjamin W. Mkapa of the United Republic of Tanzania, and the Executive Director of the South Centre, the South Centre is pleased to articipate in this Conference, and congratulates you on the successful negotiation of the outcome document. (more…)
A development-oriented approach in making ¨Measurable, Reportable and Verifiable¨operational.
This Analytical Note looks at how MRV metrics and modalities in relation to paragraphs 1(b)(i) and (ii) of the UNFCCC Bali Action Plan (BAP) can be made operational in ways that reflect the primary sustainable development concerns and perspectives of developing country Parties to the UNFCCC. (more…)
Unity in Diversity: Governance Adaptation in Multilateral Trade Institutions Through South-South Coalition-Building.
The experience of developing countries, individually and collectively, during the more recent period of globalization has only confirmed that developing countries need to be consistent and united in promoting their views and interests, and that to succeed it is also essential for them to join forces and pursue group action in most domains on the development agenda. (more…)
The UNCTAD XI: Comments on the 13 May 2004 Draft Negotiated Text.
This paper is intended as a follow-up to the South Centre’s informal paper entitled “The UNCTAD XI: Defining UNCTAD’s Future Mandate” in which readers were provided with a brief overview of the current state of play (as of late March 2004) of the pre-conference negotiations, and then a paragraph by paragraph description of the differences in negotiating positions among various countries. (more…)