Social Watch news

The increased influence of corporations over the UN development agenda was highlighted by several civil society organizations last April 8 in New York. During a side-event at the Church Center, (see the video here) different worrying trends were highlighted: the redefinition of ODA that will put more public funds in the hands of corporations, the lack of accountability of the different associations between corporations and UN agencies and the privileged access that big corporate players may be getting over international norm-setting. At the General Assembly hearing on partnerships, Roberto Bissio denounced how information access is being made more restrictive under corporate pressure. Brazilian Ambassador Guilherme Patriota condemned the "outsourcing of development responsibilities" and announced his country opposition to the UN Partnership Facility proposed by Secretary General Ban Ki-moon. (see the video here).

“Partnerships” for sustainable development are increasingly being promoted as a major, if not the primary, enabler for the implementation of the successor international sustainable development goals to replace the Millennium Development Goals (MDGs) by 2015. However, a growing number of civil society groups warn against a partnerships approach that places primary emphasis on enticing private sector participation and investments as this risks reinforcing the corporate capture of the post-2015 agenda.

This one-and-a-half hour Public Forum seeks to provide critical perspectives on the major issues and challenges associated with partnerships with the “private sector” for sustainable development.

Photo: equitybd.

In a panel discussion held in Dhaka Reporters’ Unity Mr. Roberto Bissio, the Coordinator of Social Watch, a global civil society alliance working in more than hundred countries, said that the enforcement for human rights and addressing inequalities should be the main concern in setting post 2015 development agenda.

The panel discussion titled “Post 2015 Development Agenda: Future Global Development Partnership” organized by EquityBD, Social Watch Bangladesh and Unnayan Samunnay. The panel discussion is moderated by Rezaul Karim Chowdhury of EquityBD and other speakers of the session are Ahmed Swapan of VOICE, Aminur Rasul of Unnayan Dhara Trust, Prodip K Roy of Online Knowledge Society, Dr Sohel Iqbal, Badrul Alam of Bangladesh Krishok Federation (BKF) and Barkat Ullah Maruf of EquityBD.

For the last quarter of the twentieth century, Latin America suffered from low growth, rising inequality, and frequent financial crises, i.e. currency, sovereign debt and banking crises. For instance, between the early 1980s and 2002 there were at least 26 major banking crises involving 15 countries. Sovereign debt defaults and currency crises were frequent, as were ‘double’ or ‘triple’ financial crises (as in the case of the Tequila crisis of 1994, Ecuadorian crisis of 1999, and Argentinean default of 2001-2). The cost of such crises was massive, as during the three years subsequent to their outbreak the cumulative output losses reached up to 98 per cent of GDP. During this period, the high income inequality that afflicted Latin America for centuries rose further – from a Gini of 48.9 in early 1980s to 54.1 in 2002 (See Figure 1) – including because of the impact of devastating financial crises on growth, employment, relative prices and public subsidies.