G192: The South Speaks Out / IPS Inter Press Service

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Sunday, March 21, 2010 12:59 GMT

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AFRICA: "Grasp the Benefits of Trade with BRIC Emerging Markets"
By Jedi Ramalapa
JOHANNESBURG - While economists at a prominent South African bank are excited about burgeoning investment by Brazil, Russia, India and China (BRIC) in Africa, they are vague on the question of the extent to which it will benefit the majority of Africans. Ensuring this, they believe, is the responsibility of African states themselves.
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ECONOMY: "Put Africa on the G20 Agenda in Pittsburgh"
By Stephanie Nieuwoudt
CAPE TOWN - With South Africa being the only African country with a seat on the Group of 20 (G20), while serving as co-chair of the working group on reforming the International Monetary Fund, it has "a moral obligation towards the continent to call for more responsible management of the global financial system".
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WORLD: "Mini-Ministerial Meeting Should Change WTO Tack on Food"
By Isolda Agazzi
GENEVA - A group of 125 non-governmental organisations from 50 countries is calling on the governments participating in the mini-ministerial trade talks in India over the next two days to reject the further liberalisation of food and rather promote policies that will achieve food security and rural development and safeguard farmers’ livelihoods.
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CLIMATE CHANGE: G8 Declares a Lack of Promise
Analysis by Sanjay Suri
L'AQUILA, Italy - The G8 summit is no climate change meeting, and not formally associated in any sense with the series of negotiating meetings leading up to the climate change conference in Copenhagen in December. But the outcome of a G8 sponsored forum on climate change should get environmentalists worried about any outcome in Copenhagen.
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G8: Doha Deal Begins to Look Nearer
By Sanjay Suri
L'AQUILA, Italy - Clear signs are emerging at the G8 summit here of progress towards concluding new terms for international trade.
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G8: The Five Throw a Challenge
By Sanjay Suri
L'AQUILA, Italy - "The world needs a new global governance," the G5 declared Wednesday, "the construction of which must be based on inclusive multilateralism." As rhetoric goes, this might sound like more of the same. But the time and place of that declaration gave the words a new significance.
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G8: Politely, a Revolution Under Way
Analysis by Sanjay Suri
L'AQUILA, Italy - It is with too much ease that we all sometimes use the word 'revolution'. Because all too often the change being championed is one that too many others simply do not notice. But that isn't the case here: the change pushed for at the G8 summit in Italy, and at other such forums, is no less than revolutionary, and can only be seen as historic.
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POLITICS: U.N. Plan for Financial Crisis Derided as Weak
By Thalif Deen
UNITED NATIONS - When the General Assembly adopted a proposed plan of action aimed at overcoming the global financial crisis, one of the political surprises was that all 192 member states gave their blessings to the wide range of proposals spelled out in an "outcome document".
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DEVELOPMENT: Not Another Missed Opportunity, Civil Society Urges
By Ayesha Gooneratne
UNITED NATIONS - A coalition of civil society organisations called the Global Social Economy Group (GSEG) is pressing for the immediate and long-term financing needs of developing countries to take centre-stage at the U.N. Conference on the World Financial and Economic Crisis.
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ECONOMY: "Patching Up Bretton Woods Makes No Sense"
By Haider Rizvi
UNITED NATIONS - The world community must take immediate action to overhaul the current global financial system – that's what a vast majority of political leaders and policymakers from the developing world who are attending a three-day U.N. conference on the global economic crisis are saying.
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DEVELOPMENT: Western Aid Declines, Financial Bailouts Mount
By Thalif Deen
UNITED NATIONS - As the world's poorer nations warn about the gravity of the global financial crisis on their fragile economies, the United Nations has exposed the hypocrisy of Western donors who cry poverty even while they raise trillions of dollars to rescue their beleaguered financial institutions.
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ECONOMY: More Democracy the Cure for Broken System, U.N. Says
By Henry Parr
UNITED NATIONS - The United Nations General Assembly kicked off a three-day conference on the world financial crisis Wednesday with calls for a substantial overhaul of the decades-long model under which the world's richest countries set the terms of global fiscal and trade policy.
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ECONOMY-AFRICA: Deny Neoliberal Consensus
Christi van der Westhuizen interviews PATRICK BOND, professor and activist
CAPE TOWN - Africa should ‘‘deny consensus’’ at multilateral level to ensure that the region’s interests are taken seriously, says Professor Patrick Bond speaking on how Africa should approach this week’s high-level United Nations’ meeting on the global economic crisis.
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The world is suffering a severe downturn. A lot is at stake for the so-called South - especially for the Least Developed Countries (LDCs). Gains made toward achieving the UN Millennium Development Goals (MDGs) are in danger of being reversed. IPS is following the progress of proposals to minimise impacts of the world financial and economic crisis on the most vulnerable.