COC

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Can There be a Civilized Solution for Debtor Countries? (2002)

Rethinking Bretton Woods | Mon, Jun 24, 2002

Can There be a Civilized Solution for Debtor Countries? (2002)

In most countries, when a company goes insolvent it can file for bankruptcy before an independent judicial body. Thereby it can compel the collectivity of debtors to restructure its debt and continue to grow. However, there is as yet no independent body where debtor countries that face insolvency could initiate a timely process for an orderly debt restructuring.

COC Reactions to the Spring World Bank-IMF Meetings (Spring 2002)

Rethinking Bretton Woods | Thu, Apr 25, 2002

COC Reactions to the Spring World Bank-IMF Meetings (Spring 2002)

The recent spring meetings of the World Bank and IMF drew large crowds of demonstrators. Many Center staff joined in the large Mobilization marches of the weekend. Having reviewed the communiques of the World Bank/IMF meetings, we offer both compliments and serious comments. We welcome comments regarding the Millennium Development Goals and the recognition that education is critical to the reduction of poverty. We question what is meant by sound policies and good governance. We ask that any debt analysis include the impact of debt relief on the Development Goals. But most importantly, we are very concerned that the Fund totally neglected its responsibility in the Argentinian crisis. Where is the soul searching?
Towards Improved Global Governance: Building on the Monterrey Consensus (2002)

Rethinking Bretton Woods | Fri, Apr 5, 2002

Towards Improved Global Governance: Building on the Monterrey Consensus (2002)

The global institutional architecture created in 1945 and enshrined in the UN Charter described a model for the design of international development policy that relied on the two basic principles of coordination and specialization.

Dramatic changes that have taken place since 1945 and meant a departure from the application of these principles, but those principles still make sense for the UN system. Building on the Monterrey Consensus, this presentation, delivered at a side-event attended by high level officials and civil society delegates in the occasion of the International Conference on Financing for Development, makes the case for building on the Monterrey Consensus to fully ensure such principles lead to enhanced global governance structures.

Bush's Millennium Challenge Account a Down Payment for Development say US -based NGOs (2002)

Rethinking Bretton Woods | Tue, Mar 19, 2002

Bush's Millennium Challenge Account a Down Payment for Development say US -based NGOs (2002)

"Representatives from some 20 US-based NGOs participating in the Foro Global of civil society in Monterrey from March 14 to March 16 and the official FfD Conference starting today in Monterrey have released a statement welcoming, but challenging President George W. Bush's announcement of a $5 billion increase in U.S. foreign aid over a 3-year poeriod beginning in 2004 for ""good performing countries.""

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