Rethinking Bretton Woods | Wed, Oct 1, 2014

Can the poor benefit from infrastructure and investment ? Upcoming RBW events


Check out the events at which Rethinking Bretton Woods Project of the Center of Concern will be involved in the occasion of the upcoming Annual General Meetings of the World Bank/ IMF taking place the weekend of October 11-12.




Click here for full information.

Education for Justice | Tue, Sep 23, 2014

St. Francis and His Relevance for Today

Creative Voice, Fr. Joseph Nangle, O.F.M., encourages us to reflect on a pro-active Francis concerned with real issues of peace and justice. Francis, who went to the Middle East during the Fifth Crusade, actively engaged the Sultan who he refused to categorize and see simply as an "enemy." In our polarized age, Francis serves as a model of active peacemaking and of patient and respectful encounter with the "other."

The reflection is available through the Center's Education for Justice Project subscription, which provides access to this resource and many social justice interactive tools, prayers, and images.

World Bank fails to heed reform calls on business regulation report

Rethinking Bretton Woods | Sun, Sep 14, 2014

World Bank fails to heed reform calls on business regulation report


RBW Project Director Aldo Caliari was recently featured in a media article assessing the new release of the World Bank Doing Business Report.

The article, “World Bank Urged to Rethink Reforms to Business-Friendliness Report,” comments on the calls for reform and the limited response the World Bank has given to them.

“It looks like the flaws found by the Independent Panel chaired by Trevor Manuel will be ignored and its recommendations are nowhere close to being implemented,” Caliari said. “This is in spite of a wide chorus of civil society organisations and shareholders that supported them.” (Read full article)

Center of Concern | Sat, Sep 13, 2014

Center of Concern salutes historic agreement to decisively address sovereign debt crises


On September 9, 2014, in a historic vote, the General Assembly adopted a resolution that sets up a time-bound process to negotiate and adopt a multilateral legal framework for sovereign debt restructuring.

Center of Concern has consistently advocated the need to adopt such framework as a crucial reform to address a gap in the international financial system that imposes unnecessary costs on the poorest people living in countries undergoing debt crises.

After the vote, Center of Concern team member Aldo Caliari welcomed the newly adopted resolution. “All countries promised to take this step in 2002 at the International Conference on Financing for Development, and here we are, 12 years later, just beginning the process,” he said. “The fact that after all this time we heard today some countries justify their negative vote by saying that the initiative was ‘rushed’ saddens us and reflects the sorry state of international solidarity. But the important thing is that the UN, as a whole, in spite of some members, worked and claimed this important mandate to take leadership and action where nobody else is doing so.” (Read an article reporting on this development)

Financing the post-2015 development goals: The role of the Bretton Woods Institutions

Rethinking Bretton Woods | Sat, Sep 6, 2014

Financing the post-2015 development goals: The role of the Bretton Woods Institutions


On September 8, 2014,at the World Bank Headquarters in Washington DC, Center of Concern and Friedrich Ebert Stiftung -New York hold a half-day seminar “The Sustainable Development Agenda and Financing of Global Public Goods.” The seminar is the second one in a series of private seminars for Executive Directors of the International Monetary Fund and World Bank on key issues in financing a new generation of development goals that Center of Concern and FES have been hosting since April of this year. It continues Center of Concern’s tradition of providing venues for lead policy-makers to receive inputs and informally brainstorm about the most current issues on the financing for development agenda.

Sustainable financing for African infrastructure: How to do it?

Rethinking Bretton Woods | Sat, Aug 23, 2014

Sustainable financing for African infrastructure: How to do it?


On August 25 and 26, 2014, CoC team member Aldo Caliari attends the workshop “Program for Infrastructure Development in Africa: High Ambition, High Risk.” The workshop, held in Johannesburg, South Africa, is convened by the Heinrich Boell Foundation –South Africa office, the Center for the Study of Governance Innovation and the South African Institute of International Affairs will convene government officials from the Africa region, civil society and private sector representatives. Mr Caliari's presentation will address emerging issues in the financing of infrastructure.