Published on Thu, 2017-02-09 16:59
The Trade and Development Board of UNCTAD on Monday held a discussion on the Least Developed Countries Report 2016 which amongst others had argued that graduation of the Least Developed Countries (LDCs) is "not the winning post of a race to cease being an LDC, but rather the first milestone in the marathon of development." The number of new countries becoming LDCs, the near doubling of the size of the group in the last 45 years in part reflects the small number of countries graduating out of the category - just four in the 25 years since the principle of graduation was established (Botswana in 1994, Cabo Verde in 2007, Maldives in 2011 and Samoa in 2014). |
Published on Thu, 2017-02-09 16:25
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. |
Published on Thu, 2017-02-09 16:21
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. |
Published on Fri, 2017-02-03 09:20
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. |
Published on Fri, 2017-02-03 08:49
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. |
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