Bangladesh Chief Adviser Professor Muhammad Yunus at the World Economic Forum. Credit: Press information Department, Bangladesh

By Rafiqul Islam
DAVOS, Switzerland, Jan 28 2025 (IPS)

As Bangladesh Chief Adviser Professor Muhammad Yunus emerged from a meeting during the World Economic Forum (WEF), Timor-Leste President Jose Ramos-Horta came forward to greet him, a demonstration of how warmly the global leaders and dignitaries received the person tasked with leading the interim government.

During his four-day tour, Yunus participated in at least 47 formal events at the WEF, including with four heads of government or state, four minister-level dignitaries, ten heads or top executives of UN or similar organisations, 10 CEOs/high-level business persons, nine WEF-organized programmes, eight media engagements and two other events.

During the meetings, the Bangladesh interim government chief discussed a range of issues: the Bangladesh economy, the recovery of stolen money, Bangladesh reform agendas, the Rohingya crisis, social business and investment.

During a discussion with Klaus Schwab, executive chairman of the World Economic Forum, he described the process of rebuilding the country, including restoring law and order and the economy and this involved understanding where the ousted Prime Minister Sheikh Hasina had left the country.

“After so many killings, the law and order situation became very critical …The next thing you do is build up the economy again; let the economic machine run … Immediately after that, I tried to appoint a committee to prepare a white paper so they were stocktaking… to understand what we inherited from the previous government.”

Yunus said he was shocked by the amount of money laundered from the country. “The estimated calculation was about USD 17 billion from the banking system that just loaned that away.”

In addition, over- and under-invoicing and other legal channels resulted in USD 16 billion per year being shifted away—it was as if a tornado had hit the economy.

Bangladesh Chief Adviser Professor Muhammad Yunus with World Economic Forum Founder and Chair Klaus Schwab. Credit: Press InformationDepartment, Bangladesh

Yunus said they needed to secure the garment industry.

It was also necessary to restore trust in the judicial system where people had disappeared and many, especially the political opposition, were charged with unspecified charges during the 16 years of rule. Even Yunus himself was to be arrested, he told Schwab.

Despite the issues, he was optimistic that the young people were the solution; however, the changes needed were qualitative.

The young generation in Bangladesh was creating their own world through entrepreneurship and technology and should be consulted in their future—even allowed to vote at 16 rather than the traditional 18 years of age.

“They’re smarter than any other generation because of the technology they have. They (already) know what we’ll be teaching them today. There’s nothing surprising for them.”

Resolve Rohingya Crisis

Included among world leaders Yunus met was German Chancellor Olaf Scholz, who had expressed eagerness to meet the 2006 Nobel Peace Laureate.

During the meeting, the two leaders discussed the circumstances that led to the July uprising in Bangladesh, Bangladesh’s relationship with its neighbours, the Rohingya crisis, and the security situation in Myanmar.

Yunus sought Scholz’s cooperation in creating a safe zone for Rohingyas in Myanmar’s Rakhine State under the supervision of the United Nations (UN).

Scholz agreed, saying, “You can be assured that we will support you.”

In August 2017, the Myanmar army started an armed breakdown on Rohingya Muslim minorities in Rakhine State and forced them to flee their homes and take shelter in Bangladesh. Bangladesh hosts over one million Rohingya refugees as of June 2024, according to the UNHCR. The majority of the forcibly displaced Rohingyas live in refugee camps in Cox’s Bazar.

During his visit to the WEF, Yunus also urged other global leaders to take immediate actions to resolve the long-pending Rohingya crisis and create a conducive and safe environment in Myanmar so that the displaced people could return to their home of origin with dignity.

Calling for putting the global focus back on the Rohingya crisis, he said the new influx of about 100,000 more refugees has added further burden on Bangladesh.

“The situation is getting complicated. They are pushing more Rohingyas to Bangladesh,” the chief adviser said during a meeting with UN High Commissioner for Refugees Filippo Grandi on January 21.

Assuring that his agency would support Bangladesh to find a durable solution to the Rohingya crisis, Grandi said, “We stand ready to cooperate with you.”

Yunus also broached Grandi about hosting a major global conference on the Rohingya later this year, saying, “Your voice will be more critical.”

Help Dhaka Bring Stolen Money Back

Yunus also asked foreign friends to return hundreds of billions of stolen dollars when he met global leaders in Davos, especially the USD 16 billion that was laundered abroad each year from Bangladesh during Hasina’s 15-year “corrupt regime,” leaving the country in a state of plunder and the economy in a shambles.

While holding meetings with them, the Bangladesh chief adviser called upon the global leaders to send top experts, think tanks, journalists, and international agencies to Bangladesh to dig into how a daylight robbery was committed during Hasina’s regime.

Bangladesh informed the global leaders of its efforts in recovering the laundered money, mentioning that the interim government had formed an Asset Recovery Committee and a task force to recover stolen assets. Meanwhile, the Bangladesh government has targeted the top 20 money launderers initially to recover the stolen assets.

At a meeting with European Central Bank president Christine Lagarde, Yunus asked for help in recovering billions of dollars stolen from Bangladesh during the previous regime.

“Some USD 17 billion alone were taken out from the country’s banking system by oligarchs close to the dictatorship, and USD 16 billion were siphoned off annually during the 15 years of Hasina rule,” the chief adviser told Lagarde. “It was a massive highway robbery.”

Assuring that she would support the Bangladesh government’s move to recover the stolen money, Lagarde recommended that Bangladesh should also seek help from the IMF to recover and bring the money back home.

World Leaders Support Reform Agendas

After the fall of Hasina’s regime, the Yunus-led interim government has taken major state reform initiatives to bring back democracy and to hold free and fair elections in Bangladesh.

Many leaders, including Finnish President Alexander Stubb, World Bank Managing Director Anna Bjerde and former American Vice President Al Gore, vowed to support Bangladesh’s reform programmes.

Gore expressed his support for the country’s reform initiatives and fixing Bangladesh’s institutions and its democratic transition through a free and fair election.

During WEF, Yunus held bilateral meetings with Germany’s Federal Minister for Special Affairs Wolfgang Schmidt; King Philippe of Belgium; Thailand Prime Minister Paetongtarn Shinawatra; member of the Swiss Federal Council Ignazio Cassis; UN Secretary General António Guterres; DRC President Felix Tshisekedi; former United States special presidential envoy for climate John Kerry; and former British Prime Minister Tony Blair.

On the sidelines, Yunus held meetings with Malaysian Prime Minister Anwar Ibrahim, UN High Commissioner for Human Rights Volker Turk and Munich Security Conference Chairman Ambassador Christoph Heusgen, among others.

“Chief Adviser Prof. Yunus’s tour to Davos was very important. I would say it was a tour of historical achievement for Bangladesh,” the Chief Adviser’s Press Secretary Shafiqul Alam said.

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Gender inclusion remains an important non-technological innovative measure enhancing export performance. Women in developing countries such as Pakistan, India, Bangladesh, and Sri Lanka have long been involved in the agriculture and textile sector. Credit: Obaidul Arif/IPS

By Quratulain Fatima
ISLAMABAD, Jan 15 2024 (IPS)

The World Economic Forum is hosting world leaders in Davos from January 15-19 2024. One of the key themes for the forum this year is “Creating Growth and Jobs for a New Era” with a focus on creating economic gender parity.

The World Economic Forum states that “The potential gains from closing economic gender gaps could unlock a “gender dividend” of $172 trillion for the global economy while closing the gender investment gap could add $3 trillion to assets under management in the US alone.”  World Trade Organization (WTO) estimates that eliminating gender discrimination would lead to a 40% increase in productivity.

The potential gains from closing economic gender gaps could unlock a “gender dividend” of $172 trillion for the global economy while closing the gender investment gap could add $3 trillion to assets under management in the US alone.”  The World Trade Organization estimates that eliminating gender discrimination would lead to a 40% increase in productivity

Trade has remained a significant contributor towards increasing the economic stature of countries. Historically the trade has been observed through the gender neutral lens by practitioners and researchers.

However, in recent times, trade and gender links have been explored and efforts have been made to strengthen by international organizations including the World Economic Forum, United Nations Conference on Trade and Development,  International Labor Organization (ILO), International Finance Corporation, and World Bank among others.

Trade openness has been shown to have a positive impact on employment, wages, and very importantly the overall export performance of the country. Several studies have shown that both technological and non-technological innovations improve a country’s export performance. Gender inclusion remains an important non-technological innovative measure enhancing export performance.

Women in developing countries such as Pakistan, India, Bangladesh, and Sri Lanka have long been involved in the agriculture and textile sector.

Recently women’s participation in the ICT and service industry has also gained momentum in developing countries. It is, however, important to note that South Asia remains second lowest at 63.4% out of eight regions at the gender parity index 2023. Although its position improved by 1.1 percent from the year 2022 attributed to rising scores in countries like Pakistan, India, and Bangladesh; there is much to be done.

Women entrepreneurs are a very small portion of the export profile for developing countries. In a country like the United States that remains Pakistan’s biggest trade partner in textiles and related goods share of women exporters from Pakistan is minimal.

Trade development authority in Pakistan and Trade promotion bodies in developing countries have focused on improving women entrepreneurs’ participation in international trade through training and resources.

However, women’s participation in the trade shows even in the traditionally established Textile and Apparel sector that provide major access to industry buyers in the USA remains negligible for countries like Pakistan, India, and Bangladesh; all of which are very well established and reputed in the USA market hence lowered entry barriers for women.

Less visibility of women entrepreneurs in the export sectors especially for developing countries tied to the fact that women and men have unequal access to education, productive resources, transport, networks, and other resources that impact economic activity.

This in turn affects women’s ability to capture trade-related opportunities. General trade barriers such as deficient infrastructure and tiresome regulatory and documentation requirements also impact women more than men.

Evidence also suggests that women entrepreneurs are concentrated in relatively less profitable sectors and even in profitable sectors they lag behind men-owned businesses.

Women-led businesses also lack resources to expand into international markets and when they do they have relatively smaller trade volumes and higher trade costs making businesses less able to sustain losses in the short term. This chain translates into limited mobility to trade and has been one of the reasons that woman-led businesses got impacted worse during post COVID-19 crisis.

Several steps can be taken at the domestic and international markets to help women entrepreneurs reach their maximum potential in exportable sectors in trade.

Gender provisions in the trade policy and trade agreements are one of the most important steps. The WTO Declaration on Trade and Women’s Economic 2017 endorsed by 127 countries is seen as important towards women’s economic participation in the economies and international trade.

Some regional and bilateral trade agreements like the African Continental Free Trade Area (AfCFTA), and USMCA (United States–Mexico–Canada Agreement) are now actively adding gender language and provisions. Canada has been a pioneer in including gender chapters in its trade agreements, such as the one with the European Union (CETA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

These chapters typically address topics like equal access to economic opportunities, fair treatment in the workplace, and support for women entrepreneurs. These examples can be emulated widely in bilateral and multilateral trade agreements further translating into gender provisions in the trade policy at the local level.

Enhancing the role of women in export sectors where women’s presence is already established can be very helpful. In the case of Pakistan, Bangladesh, and India, women are involved in farming and livestock management.

Facilitations for easy access to training, credit, and improved participation opportunities in agricultural extension services can encourage women’s participation in international trade. Both financial institutions and the private sector should be engaged in this agenda. Private –Public partnerships to ensure investment in export-oriented sectors to strengthen women-led small and medium-sized businesses need prioritization.

Women who have access to technology are more likely to participate in international trade. Access to technology gives women the opportunity to sidestep issues of restriction of mobility and overcome cultural barriers while providing equal opportunities to connect with consumers and buyers of their businesses. Studies have shown that access to phones and the Internet has improved incomes and economic opportunities for women in Pakistan, India, Bolivia, Egypt, and Kenya among others.

Country trade missions at embassies and consulates abroad must ensure that women are included in awareness webinars/ seminars conducted by trade offices of their countries abroad. These trade offices are also central facilitation centers for connecting exporters with buyers and managing Trade show participation. Increasing participation in trade shows, trade delegations and awareness of the importing country regulations/requirements will enhance women exporters’ opportunities to find business abroad.

The world needs to pay more attention to women’s inclusion in trade. Trade has been shown not only to reduce the economy but also the gender gap. The world needs equitable and inclusive prosperity through gender-inclusive steps on the economic and social front alike.

Flight Lieutenant Quratulain Fatima is a policy practitioner currently working as a Trade Diplomat for Pakistan on the West Coast USA. She has extensively worked in rural and conflict-ridden areas of Pakistan with a focus on gender-inclusive development and conflict prevention. She is a 2018 Aspen New Voices Fellow. Follow her on Twitter, @moodee_q.

By Roberto Savio
ROME, Jan 27 2016 (IPS)

The rich and the powerful, who meet every year at the World Economic Forum (WEF), were in a gloomy mood this time. Not only because the day they met close to eight trillion dollars has been wiped off global equity markets by a “correction”. But because no leader could be in a buoyant mood.

Roberto Savio

German Chancellor Angela Merkel is losing ground because of the way she handled the refugee crisis. French President Francois Hollande is facing decline in the polls that are favoring Marine Le Pen. Spanish president Mariano Rajoy practically lost the elections. Italian President Matteo Renzi is facing a very serious crisis in the Italian banking system, which could shatter the third economy of Europe. And the leaders from China, Brazil, India, Nigeria and other economies from the emerging countries (as they are called in economic jargon), are all going through a serious economic slowdown, which is affecting also the economies of the North. The absence of the presidents of Brazil and China was a telling sign.

However the last Davos (20-23 January) will remain in the history of the WEF, as the best example of the growing disconnection between the elites and the citizens. The theme of the Forum was “how to master the fourth revolution,” a thesis that Klaus Schwab the founder and CEO of Davos exposed in a book published few weeks before. The theory is that we are now facing a fusion of all technologies, that will completely change the system of production and work.

The First Industrial Revolution was to replace, at beginning of the 19th century, human power with machines. Then at the end of that century came the Second Industrial Revolution, which was to combine science with industry, with a total change of the system of production. Then came the era of computers, at the middle of last century, making the Third Industrial Revolution, the digital one. And now, according Schwab, we are entering the fourth revolution, where workers will be substituted by robots and mechanization.

The Swiss Bank UBS released in the conference a study in which it reports that the Fourth Revolution will “benefit those holding more.” In other words, the rich will become richer…it is important for the uninitiated to know that the money that goes to the superrich, is not printed for them. In other words, it is money that is sucked from the pockets of people.

Davos created two notable reactions: the first came with the creation of the World Social Forum (WSF), in 1991, where 40,000 social activists convened to denounce as illegitimate the gathering of the rich and powerful in Davos. They said it gave the elite a platform for decision making, without anything being mandated by citizens, and directed mainly to interests of the rich.

The WSF declared that “another world is possible,” in opposition to the Washington Consensus, formulated by the International Monetary Fund (IMF), the World Bank, and the Treasury of the United States. The consensus declared that since capitalism triumphed over Communism, the path to follow was to dismantle the state as much as possible, privatize, slash social costs which are by definition unproductive, and eliminate any barrier to the free markets. The problem was that, to avoid political contagion, the WSF established rules which reduced the Forums to internal debating and sharing among the participants, without the ability to act on the political institutions. In 2001, Davos did consider Porto Alegre a dangerous alternative; soon it went out of its radar.

At the last Davos, the WSF was not any point of reference. But it was the other actor, the international aid organization Oxfam, which has been presenting at every WEF a report on Global Wealth.

Those reports have been documenting how fast the concentration of wealth at an obscene level is creating a world of inequality not known since the First Industrial Revolution. In 2010, 388 individuals owned the same wealth as 3.6 billion people, half of humankind. In 2014, just 80 people owned as much as 3.8 billion people. And in 2015, the number came down to 62 individuals. And the concentration of wealth is accelerating. In its report of 2015, Oxfam predicted that the wealth of the top 1 per cent would overtake the rest of the population by 2016: in fact, that was reached within ten months. Twenty years ago, the superrich 1 per cent had the equivalent of 62 per cent of the world population.

It would have been logical to expect that those who run the world, looking at the unprecedented phenomena of a fast growing inequality, would have connected Oxfam report with that of UBS, and consider the new and immense challenge that the present economic and political system is facing. Also because the Fourth Revolution foresees the phasing out of workers from whatever function can be taken by machines. According to Schwab, the use of robots in production will go from the present 12 per cent to 55 per cent in 2050. This will cause obviously a dramatic unemployment, in a society where the social safety net is already in a steep decline.

Instead, the WEF largely ignored the issue of inequality, echoing the present level of lack of interest in the political institutions. We are well ahead in the American presidential campaign, and if it were not for one candidate, Bernie Sanders, the issue would have been ignored or sidestepped by the other 14 candidates. There is no reference to inequality in the European political debate either, apart from ritual declarations: refugees are now a much more pressing issue. It is a sign of the times that the financial institutions, like IMF and the World Bank, are way ahead of political institutions, releasing a number of studies on how inequality is a drag on economic development, and how its social impact has a very negative impact on the central issue of democracy and participation. The United Nations has done of inequality a central issue. Alicia Barcena, the Executive secretary of CEPAL, the Regional Center for Latin America, has also published in time for Davos a very worrying report on the stagnation in which the region is entering, and indicating the issue of inequality as an urgent problem.

But beside inequality, also the very central issue of climate change was largely ignored. All this despite the participants in the Paris Conference on Climate, recognized that the engagements taken by all countries will bring down the temperature of no more than 3.7 degrees, when a safe target would be 1.5 degrees. In spite of this very dangerous failure, the leaders in Paris gave lot of hopeful declarations, stating that the solution will come from the technological development, driven by the markets. It would have been logical to think, that in a large gathering of technological titans, with political leaders, the issue of climate change would have been a clear priority.

So, let us agree on the lesson from Davos. The rich and powerful had all the necessary data for focusing on existential issues for the planet and its inhabitants. Yet they failed to do so. This is a powerful example of the disconnection between the concern of citizens and their elite. The political and financial system is more and more self reverent: but is also fast losing legitimacy in the eyes of many people. Alternative candidates like Donald Trump or Matteo Salvini in Italy, or governments like those of Hungary and Poland, would have never been possible without a massive discontent. What is increasingly at stage is democracy itself? Are we entering in a Weimar stage of the world?

(End)

Excerpt:

Indonesian Vice President Jusuf Kalla and UNFPA Executive Director Dr. Babatunde Osotimehin discussed how Indonesia could harness its demographic dividend on the sidelines of the World Economic Forum on East Asia in Jakarta on Apr. 20. Credit: Courtesy of UNFPA Indonesia.

By Sandra Siagian
JAKARATA, May 2 2015 (IPS)

In a populous archipelago nation like Indonesia, where 250 million live spread across some 17,500 islands, speaking over 300 languages, the question of development is a tricky one.

A lower-middle-income country with a poverty rate of 11.4 percent – with a further 65 million people living just below the poverty line – the government is forced to make tough choices between where to invest limited funds: education or health, job creation or infrastructure development?

A demographic dividend arises when a high ratio of working people relative to population size frees up resources for private and public investment in human and physical capital.
These issues are further complicated by the fact that over 62 percent of the population – about 153 million people – lives in rural areas, largely cut off from easy access to hospitals, schools and job markets outside of the agricultural sector. About 27 percent of this population, roughly 66.1 million people, are women of reproductive age.

In addition, Indonesia currently has the highest rate of working-age people that it has ever had, both in absolute numbers – with 157 million potential workers – and as a proportion of the total population – accounting for 66 percent of all Indonesians.

While this puts a huge strain on the government to provide jobs, it also offers the country a chance to reap the benefits of its demographic dividend, defined by the International Labour Organisation (ILO) as a period in which the rising number of working people relative to population size frees up resources for private and public investment in human and physical capital.

This, in turn, allows the country to achieve far higher rates of income per capita, thus boosting the national economy.

At the recently concluded World Economic Forum on East Asia, which ran from Apr. 19-21 in Indonesia’s capital, Jakarta, experts from around the world urged the country to capitalise on its demographic dividend by investing heavily in its own people.

Among the nearly 700 participants in the conference was the executive director of the United Nations Population Fund (UNFPA), former Nigerian Health Minister Dr. Babatunde Osotimehin, who stressed throughout his three-day visit that “people need to be at the centre of development.”

While this may seem a simple recipe, it bears repeating in Indonesia, where half of the population falls into the ‘youth’ category (15-24 years), a demographic that also has one of the highest unemployment rates in the country.

With Indonesia’s population set to increase by 19 percent, to about 293 million people by 2030, according to the UNFPA, the country would be well advised to heed the words of population experts.

In the midst of his whirlwind visit to Jakarta, Osotimehin sat down with IPS to discuss how Indonesia can harness the potential of its people, and to share some strategies on how the young democracy can optimise on changing population dynamics.

Excerpts from the interview follow.

Q: Where is Indonesia in terms of its demographic dividend?

A: Indonesia needs to take advantage of its demographic window of opportunity, which is expected to peak between 2020 and 2030. I think that there is the consciousness in Indonesia that this [demographic dividend] is an important national planning process, which they must invest in.

I believe that Indonesia has both the analytics and the political commitment, but I believe that going forward, we will have to encourage Indonesia to investment [strategically] for the demographic dividend to succeed.

Q: What kinds of investments need to be made?

A: Investments in health, youth education and employment need to be scaled up considerably. I think that social systems need strengthening – we need to address the issue of early marriage and make sure that girls are allowed to go to school, stay in school and reach maturity. We want to make sure that girls and women can make choices for themselves going forward, that is a key point.

Every young person must be taught about themselves and their bodies, and every woman needs to have access to voluntary family planning and sexual reproductive health services so that they are empowered to make choices. Having comprehensive sexuality education would ensure that we could reduce things like HIV infections, sexually transmitted infections and teenage pregnancies.

I think that within the educational framework we also want a situation where the curriculum is diversified so that we can encourage vocational training and entrepreneurship training. We need to be able to inspire small and medium-sized enterprises, which usually form the basis of a thriving economy.

Q: Why is it particularly important for Indonesia to focus on young people?

A: It’s important for Indonesia to invest in young people for many reasons. It gives a sense of belonging [for] a young person and it ensures that they can participate in national development. Young people will be part of the demographic transition and fertility reduction needs to include them. So really, they have to be part of the process.

Once you realise the potential of young people and they enter employment they are then able to save and earn, which in turn will help the economy grow.

Q: Is Indonesia moving in the right direction?

I think Indonesia has always had some of the necessary policies in place; they just need to be revitalised. New investments and political leadership have to come into it.

In the past, Indonesia was the leader in family planning after they implemented a national family planning programme in the 1970s. But it fell off the radar after Indonesia’s democratic transition in the 2000s, when family planning services were decentralised.

I think this new government is committed to bringing it back and I hear from discussions with various government leaders that this is something that they are paying close attention to.

Indonesia should also consider working with the private sector to help create decent jobs. Making sure that everybody, from the youth to the elderly, has social protection that provides basic [services] will be most important.

Edited by Kanya D’Almeida

Excerpt:

A man lives in the makeshift house behind him in the Slovak Republic, a member of the EU. Photo: Mano Strauch © The World Bank

By Thalif Deen
UNITED NATIONS, Mar 23 2015 (IPS)

When the World Economic Forum (WEF) met last January in Switzerland, attended mostly by the rich and the super-rich, the London-based charity Oxfam unveiled a report with an alarming statistic: if current trends continue, the world’s richest one percent would own more than 50 percent of the world’s wealth by 2016.

And just 80 of the world’s richest will control as much wealth as 3.5 billion people: half the world’s population.The post-2015 development agenda will only succeed if the SDGs include meaningful and time-bound targets and commitments for the rich that trigger the necessary regulatory and fiscal policy changes.

So, when the World Social Forum (WSF), created in response to WEF, holds its annual meeting in Tunis later this week, the primary focus will be on the growing inequalities in present day society.

The Civil Society Reflection Group (CSRG) on Global Development Perspectives will be releasing a new study which calls for both goals and commitments – this time particularly by the rich – if the U.N.’s 17 proposed new Sustainable Development Goals (SDGs) in the post-2015 development agenda are to succeed.

Asked if the eight Millennium Development Goals (MDGs), which will reach their targeted deadlines in December, had spelled out goals for the rich, Jens Martens, director of the Global Policy Forum in Bonn, told IPS MDG 8 on global partnership for development was indeed a goal for the rich.

“But this goal remained vague and did not include any binding commitments for rich countries,” he pointed out.

This is the reason why the proposed SDG 17 aims to strengthen the means of implementation and revitalise the global partnership for sustainable development, he added.

In addition, Martens said, governments agreed to include targets on the means of implementation under each of the remaining 16 SDGs. However, many of these targets, again, are not “smart”, i.e. neither specific nor measurable, achievable, realistic, and time-bound.

“What we need are ‘smart’ targets to hold rich countries accountable,” he added.

Martens said goals without the means to achieve them are meaningless. And the post-2015 development agenda will only succeed if the SDGs include meaningful and time-bound targets and commitments for the rich that trigger the necessary regulatory and fiscal policy changes, he added.

Goals for the rich are indispensable for the post-2015 agenda, stressed Barbara Adams, senior policy advisor for Global Policy Forum and a member of the coordinating committee of Social Watch.

The eight MDGs, which will be replaced by the proposed new 17 SDGs, to be finalised before world leaders meet at a summit in September, were largely for developing nations with specific targets, including the reduction of extreme poverty and hunger, improving maternal health, combating HIV/AIDS, reducing infant mortality and fighting environmental degradation.

Beginning Monday, a new round of inter-governmental negotiations will continue through Mar. 23 to finalise the SDGs.

The 17 new goals, as crafted by an open-ended working group (OWG), include proposals to end poverty, eliminate hunger, attain healthy lives, provide quality education, attain gender equality and reduce inequalities, perhaps by 2030.

The list also includes the sustainable use of water and sanitation, energy for all, productive employment, industrialisation, protection of terrestrial ecosystems and strengthening the global partnership for sustainable development.

Roberto Bissio, coordinator for Social Watch, said three specific “goals for the rich” are particularly important for sustainable development worldwide:

The goal to reduce inequality within and among countries; the goal to ensure sustainable consumption and production patterns; and the goal to strengthen the means of implementation and revitalise the global partnership for development

He said the principle of “common but differentiated responsibilities” (CBDR) must be applied rigorously.

Coupled with the human rights principle of equal rights for all and the need to respect the planetary boundaries, this must necessarily translate into different obligations for different categories of countries, Bissio added.

Henning Melber, director emeritus of the Dag Hammarskjöld Foundation, said for Dag Hammarskjöld, the former U.N. Secretary-General, the United Nations was an organisation guided by solidarity. If solidarity is with the poor, the rich have to realise that less is more in terms of stability, sustainability, equality and the future of humanity, he said.

In its new study, the Civil Society Reflection Group said all of the 17 goals proposed by the Open Working Group are relevant for rich, poor and emerging economies, in North and South alike.

All governments that subscribe to the post-2015 agenda must deliver on all goals.

On the face of it, for rich countries, many of the goals and targets seem to be quite easy to fulfill or have already been achieved, especially those related to social accomplishments (e.g. targets related to absolute poverty, primary education or primary health care), the Group noted.

“Unfortunately, social achievements in reality are often fragile particularly for the socially excluded and can easily be rolled back as a result of conflict (as in the case of Ukraine), of capitalism in crisis (in many countries after 2008) or as a result of wrong-headed, economically foolish and socially destructive policies, as in the case of austerity policies in many regions, from Latin America to Asia to Southern Europe. “

In the name of debt reduction and improved competitiveness, these policies brought about large-scale unemployment and widespread impoverishment, often coupled with the loss of basic income support or access to basic primary health care. More often than not, this perversely increased sovereign debt instead of decreasing it (“Paradox of thrift”), the study said.

But also under ‘normal’ circumstances some of the “MDG-plus” targets relating to poverty eradication and other social development issues may prove to be a real challenge in many parts of the rich world, where poverty has been rising.

In the United States, the study said, poverty increased steadily in the last two decades and currently affects some 50 million people, measured by the official threshold of 23,850 dollars a year for a family of four.

In Germany, 20.3 percent of the population – a total of 16.2 million people – were affected by poverty or social exclusion in 2013.

In the European Union as a whole, the proportion of poor or socially excluded people was 24.5 percent, the Group said.

To address this and similar situations, target 1.2 in the Open Working Group’s proposal requests countries to “by 2030, reduce at least by half the proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitions”.

How one looks at ‘goals for the rich’ depends on whether one takes a narrow national or inward-looking view, or whether one takes into account the international responsibilities and extraterritorial obligations of countries for past, present and future actions and omissions affecting others beyond a country’s borders; whether one accepts and honors the CBDR principle for the future of humankind and planet earth, the study said.

In addition, this depends on whether one accepts home country responsibilities for actions and omissions of non-state actors, such as transnational corporations and their international supply chains. Contemporary international soft law (e.g. UN Guiding Principles on Business and Human Rights) is based on this assumption, as are other accords such as the OECD (Organisation for Economic Cooperation and Development) Guidelines for Multinational Enterprises.

Last, but not least, rich countries tend to be more powerful in terms of their influence on international and global policymaking and standard setting, the study declared.

Edited by Kitty Stapp

The writer can be contacted at thalifdeen@aol.com

Millions of Indian women are confined to their homes performing domestic duties for which they receive no compensation. Credit: Malini Shankar/IPS

By Neeta Lal
NEW DELHI, Jul 17 2014 (IPS)

According to census data released this month, a whopping 160 million women in India, 88 percent of who are of working age (15 to 59 years), are confined to their homes performing ‘household duties’ rather than gainfully employed in the formal job sector.

Dubbed India’s ‘great invisible workforce’, this demographic is primarily involved in rearing families within the four walls of their homes.

This asymmetry in the workforce, experts say, reflects illiberal economic policies as well as complex social dynamics, which scupper the chances of women in the world’s so-called ‘largest democracy’ to realise their full income-generating potential.

The odds are heavily stacked against women in this vast country of 1.2 billion. Though more women are going out to work, India primarily remains a nation of stay-at-home wives who play a pivotal role in keeping families together in a country with virtually no government-aided social security.

Small wonder, then, that India ranks an abysmal 101^st in a 136-nation survey titled ‘The Global Gender Gap Report’, released by the World Economic Forum in 2013, which tracks international progress in bridging the gender gap worldwide.

“Policy makers should encourage women’s participation in powering the growth of Asia’s third largest economy, which can have a multiplier effect in eradicating poverty and illiteracy.” -- Aditi Parikh, a Mumbai-based demographer and sociologist
The index measures the “relative gaps between women and men” across countries in four key areas – health, education, economics and politics. With so many million women out of the workforce, India’s overall ranking reflects lopsided government policies that are failing to harness the full potential of a key demographic.

“The stay-at-home woman syndrome is a shocking loss to the country as well as to the women themselves,” says Aditi Parikh, a Mumbai-based demographer and sociologist.

“Policy makers should encourage women’s participation in powering the growth of Asia’s third largest economy, which can have a multiplier effect in eradicating poverty and illiteracy.”

Even though women achievers have earned admiration and respect in Indian society, gender-stereotyping results in most women facing a clash between work and family life, especially when they have to prioritise one over the other.

Despite a boom in the education sector, Indian women also remain less educated than men even though they make up nearly half the population.

The literacy rate for Indian women hovers at around 65 percent as per the 2011 census, compared to over 82 percent literacy among men.

This is an overwhelming reason for Indian women’s unemployment, say analysts.

Most Indian women comprise part of the country’s sprawling ‘informal’ sector‘, defined by the absence of decent working conditions as specified by the International Labour Organisation (ILO), lax labour laws and insufficient or insecure wages.

According to a 2011 ILO report, 83.8 percent of South Asian women are engaged in so-called ‘vulnerable employment’ that can in most cases be defined as casual labour or sporadic employment such as the manufacturing of garments and other handmade items produced within the worker’s own home.

Indian women workers represent a considerable share of this segment, which has expanded substantially over the last 20 years, researchers say.

While the percentage of women employed in the informal economy remains high, the number of Indian women engaged in formal, secure and recognised labour is still minimal. Only 14-15 percent of workers in the formal sector are women, a number that has remained stagnant for several years.

India also lags far behind the world’s average when it comes to female representation in management, with women occupying a miserable two to three percent of administrative and managerial positions nationwide.

According to Dr. Manasi Mishra, head of research at the Centre for Social Research (CSR), a New Delhi-based think tank, “Indian women usually tend to drop out at mid-career-level positions as they prioritise personal commitments and find it difficult to balance organisational demands, career aspirations and family commitments.”

Also, despite valiant efforts to build gender diversity in the workplace, corporate India still has less than five percent of women at top management and board levels. Only 50 percent of the women who graduate from business schools enter the workforce, says a CSR survey entitled ‘Women Managers In India – Challenges & Opportunities’.

The persistence of an invisible glass ceiling in the workplace and the prevalence of stereotyped gender roles also contribute to lower representation of women in higher-level positions, Mishra says.

“Society and organisations should work in synergy to prevent [women from dropping out] on the journey from education to employment,” she stressed.

Unfortunately, the problem is not specific to India. According to Ernst & Young’s 2013 Worldwide Index of Women as Public Sector Leaders, women make up about 48 percent of the overall public sector workforce, but represent less than 20 percent of public sector leadership across the G20 countries the consulting firm studied.

Diversity, according to the index, is crucial to delivering more effective governance and increased economic competitiveness.

Ernst & Young also found that the ratios of women in leadership roles vary widely. Over half of Germany’s public sector workforce is female (52 percent), but only 15 percent of women have leadership positions.

In Japan, the world’s third-largest economy, women make up 42 percent of the public sector workforce, but only three percent are leaders.

Russia, with the highest number of women represented across the public sector (71 percent), has just 13 percent female representation in leadership roles.

Here too, India languishes at the bottom of the pyramid with only 7.7 percent of its public sector leaders being female.

Experts say there is an urgent need for gender-sensitisation.

“The precondition for any effective social security policy aimed at women,” explains Amitabh Kumar, head of the media and communications division at CSR, “is the provision of economic security through ownership rights, and the securing of women’s right to resources such as land, housing, energy and technology.

“As long as the State takes no effective measures to ensure these very basic rights for women, we can’t expect even those social security policies aimed at women to have any effect.”

For the time being, it appears that India’s great invisible workforce will remain in the shadows until the government makes a determined effort to bring these women into the light.

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