While the G20 efforts to manage global aggregate demand, exchange rate management and stronger regulation of the international financial sector have not worked out quite as planned, in Cannes the Group was further solidifying its role in directing the system of multilateral institutions. The G20 has assigned itself the job of determining international development cooperation policy. It is not the proper group to undertake such a job and it is not doing it well. A comment by Barry Herman
“International development cooperation” is understood here to mean the coherent and consistent application of the full panoply of policy measures that aim to boost economically, socially and environmentally sustainable and sustained development. By global agreement, it includes everything in the Monterrey Consensus, adopted in 2002 at the International Conference on Financing for Development, as well as the mandates and actions for sustainability that can be traced back to the “Earth Summit” of 1992 in Rio de Janeiro ...
The EU purports to be part of the solution in Ukraine. Particularly, the EU continues to claim that the proposed Association Agreement will contribute to solving the economic problems of the country. EU Commissioner for Enlargement, tefan Füle, even raised the possibility of eventually offering an EU membership to Ukraine. There are, however, strong indications that the EU approach creates more problems than it solves.
The UN project of the Millennium Development Goals (MDGs) adopted at the UN Summit in 2000 is to expire in 2015. Discussions on a new international post-2015 development approach have started and are pursued in New York, Geneva, and Brussels, and in many capitals all over the world by international organizations, governments and civil society. A personal contribution to the debate.
Plans for a Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States have sparked considerable debate. Among the main issues contested are the lowering of food-safty standards (hormone-treated beef, chlorine-washed chicken), the democratic deficit of the negotiation process, as well as the granting of far-reaching rights and legal privileges to international investors, undermining national law. However, Rainer Falk and Barbara Unmüßig consider a topic thus far left out of critical debate: TTIP's implications for the "rest of the world," particularly for developing and emerging economies.
Three months after elections, a new cabinet was sworn in end of February in Kathmandu. The two largest parties have formed a coalition, with the new Prime Minister from the Congress Party, and 18 ministers from the Congress and UML parties. The mainstream Maoists voted in support but did not join an initially foreseen unity government. Where does the country stand at this moment?
The negotiations between EU and US on a Transatlantic Trade and Investment Partnership (TTIP) are in full swing. The project is not only intended to reduce tariffs between the world economy's two biggest trading blocs; its primary aim is to dismantle and/or harmonise a wide spectrum of regulations. Investment liberalisation and protection also will be central issues.