Social Watch news

Social investment is the key to a just and effective solution to the current economic crisis, says citizens' alternative report

PITTSBURGH, USA (September 23): Robust social investment programs should be enacted in order to effectively stimulate the global economy and mitigate the impacts of the financial crisis on workers, women and the poor, concludes the international civil society network Social Watch in its 2009 Report.  This will not only satisfy criteria of social justice but also is sound economic policy, states the Report, titled People First. The report will be launched today, September 23 at 12 noon at the Pittsburgh Renaissance Hotel (107 6th Street) in the run-up to the G-20 summit.  People First includes dozens of in-depth reports from grassroots civil society organizations, which prove that the poorest countries played no part in causing the crisis, yet they are experiencing its worst effects.  The exclusion of these countries from forums such as the G-20 creates a further obstacle to implementing socially just policies. 

As a representative of civil society, Roberto Bissio, coordinator of Social Watch, spoke at the Official Round Table at the UN Conference on the World Financial and Economic Crisis and its Impact on Development that took place June 24-26, 2009 in New York.

At the closing of the UN Conference on the Financial and Economic Crisis and its Impact on Development, governments adopted an outcome document reflecting months of negotiations. The following analysis looks at 7 key issues that civil society deemed crucial for the success of the conference.

Author: 
Jana Silverman

NEW YORK - June 24, 2009 - Today, in an open dialogue with representatives of civil society, Prof. Joseph Stiglitz, Chair of the Commission of Experts of the President of the UN General Assembly on Reform of the International Monetary and Financial System, detailed many of the recommendations proposed by that Commission and in particular called for a “new intellectual framework” which can lay the basis for a new global financial architecture.

Learning from Successful Experiences – Summary of the Analysis of Four Case Studies from the Social Watch National Coalitions, a qualitative study of successful factors and best practices of four different Social Watch coalitions, is now available on the Social Watch website.  This publication was developed as part of the European-Union funded project “Promoting Social Development – Building Capacities of Social Watch Coalitions”, and aims to facilitate the sharing of experiences, know-how transfer and capacity-building of national groups within the global Social Watch network.

June 24- Voicing the interests of civil society a day before the United Nations begins a three-day summit on the world financial crisis, the Global Social Economy Group called today for sweeping reform of international financial and economic institutions and practices that had contributed to the current global economic turmoil.

The event to take place on 20 June in New York will bring together people from the South and the North, from the US and abroad, women and men, workers and unemployed on the eve of the UN Summit Conference on the Economic and Financial Crisis.

The 10 Days of Action: Countdown to Commitments is a mobilization tool to help raise awareness, build momentum and deliver key civil society messaging around the UN Conference on the Financial and Economic Crisis and its Impact on Development, scheduled for 24 – 26 June, 2009, at the UN Headquarters in New York City. The 10 Days of Action would be launched as a virtual action on Tuesday, 16 June, the Global Day of the African Child, which would serve as a bookend to the ten days, and culminate on the closing day of the UN Conference, 26 June. A daily notice would be disseminated widely through the main information listservs.

A statement calling upon governments not to take procedural arguments as an excuse to further delaying the substantive negotiations on the urgently needed global policy responses to the current crisis is being circulated to negotiators at the UN.

The following position paper was endorsed by Euro step, Social Watch, the Arab NGO Network for Development, Asociación Latinoamericana de Organizaciones de Promoción (ALOP), South Asia Alliance for Poverty Erradication (SAAPE) and Least Developed Countries (LDC) Watch.

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