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Roberto Bissio, coordinator of Social Watch, at the U.N. Conference on the world financial crisis

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. (more..)

Civil society scorecard - governments fail the test

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. (more..)

Stiglitz calls for a reshaping of the global financial system in dialogue with international civil society

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. (more..)

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Global tax evasion
Much of the failure to finance development spending – particularly the failure of wealthy donor countries to provide promised increases in aid budgets – is a failure of political will. But states in the Majority World are unable to sustain their own spending on health, education and infrastructure substantially because they cannot raise adequate revenues for social spending themselves. This article argues that this fiscal crisis is fueled by a global financial architecture of tax evasion and capital flight largely sustained by the Minority World. And it presents evidence that combating the causes of this fiscal crisis could not only help bridge the current deficit in global development financing, but correct features of the international financial system which contribute massively to poverty and global inequality. ( more..)

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INDEX 2008


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Social Watch is an international watchdog citizens' network on poverty eradication and gender equality

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