Sovereign debt restructurings, as can be seen from examples like Greece and Argentina, are difficult, often traumatic experiences for the sovereign debtor and its citizens. It is invariably the case that in a sovereign debt restructuring (SODR), the sovereign, because it either has lost access to financing or can only obtain it on more expensive terms, will be forced to reduce its expenditures in order to try and meet its renegotiated debt payments.

On March 9, the OECD's  Development Assistance Committee will decide on how to include what are known as ‘private sector instruments’ (PSI), in aid. This could mean a dramatic increase in the use of aid to invest in or give loans to private companies, or to agree to bail out failed private sector projects, through guarantees. However, without strong safeguards and transparency standards there is a real risk that aid could be used as a backdoor subsidy for corporations with powerful lobbies in donor countries. 

TUDCN has undertaken three national case studies in Ghana, Indonesia and Uruguay to analyse social dialogue within the countries in its various forms, with particular focus on the formalisation of these dialogues at different administrative levels and its contribution to development. The studies are authored by national trade union specialists and include examples of good practice as well as of limitations of the different contexts.

Thirty civil society organisations (CSOs) from across the world working on global health issues have made a strong call for the deferment of a decision on the Bill and Melinda Gates Foundation's application for official relations with the World Health Organization (WHO).

The CSO demand for deferment is based on the conflict of interest emerging from Gates Foundation's official relations with the WHO.

The open-ended working group (OEIGW) on transnational corporations (TNCs) and other business enterprises with respect to human rights successfully held its second meeting in October 2016, in Geneva. The OEIGW was established by a Human Rights Council resolution adopted in July 2014. According to this resolution, the next meeting of the OEIGW, expected in October 2017, will see the Chairperson rapporteur “prepare elements for the draft legally binding instrument [on TNCs and other business enterprises with respect to human rights] for substantive negotiations” (hereinafter referred to as “the Instrument” or “binding Instrument”).

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