Past Event – “Financing for Development Civil Society Forum”

UNHQ, Conference Room C
3:00pm-6:00pm, December 6, 2011

Left to Right: Shari Spiegel (UN-DESA), John Langmore (ACUNS), Amb. Chowdhury (PGA Office), Amin Husain (OWS Social Movement)

On December 7-8 the UN General Assembly has held its 5th High-level Dialogue on Financing for Development (FfD) at UNHQ in New York.  The vision of FfD endorsed in the Monterrey Consensus 10 years ago is a long way from becoming reality.  And recent events—from the global financial crisis of 2008-9 to the ongoing democratic uprisings in the Arab World, anti-austerity demonstrations in Europe and Israel, and the Occupy movement’s protests against rising inequality—show that the current international economic system does not support equitable development and sustainable growth.

The Friedrich-Ebert-Stiftung, UBUNTU (World Forum of Civil Society Networks) and the NGO Committee on FfD, organized a Civil Society Forum on December 6th to prepare for the High-level Dialogue and to discuss both the role that rising global inequality is having on development as well as how to more effectively link the global and local agendas related to domestic resource mobilization.


Background documents:
“Thanks to Nurses Union and Occupy Wall Street, Pressure for Wall Street Speculation Tax Grows”
, Sarah Jaffe, AlterNet, November 30
“Innovative mechanisms of financing for development”, Report of the Secretary General “Nurses Call the Question on Obama and Global Financial Transaction Tax — Which Side Are You On?”, Rose Ann DeMoro, Huffington Post, October 28
“The Politics of Inclusion in the Monterrey Process”
, DESA Working Paper No. 23
“Pay Back Time”
, Report from the May 12 Coalition
“Human Need – Not Corporate Greed!”
, NGO Committee on Financing for Development “How to reduce the global financial and economic uncertainties?”, NGO Committee on Financing for Development:
“It’s time to implement an international currency transaction tax!!”
, Statement of the Ubuntu Forum
“Globalizing Solidarity: The Case for Financial Levies”
, Report of the Committee of Experts to the Taskforce on International Financial Transactions and Development “Grow Together or Pull Further Apart? Income Concentration Trends in New York”, Fiscal Policy Institute Report

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