Information in Support of the Electronic Consultation

Total Page:16

File Type:pdf, Size:1020Kb

Information in Support of the Electronic Consultation Information in support of the electronic consultation Action Plan & consultation process Draft 0 was prepared by 11 pairs of African and European experts who have drafted the different chapters. The chapters are currently under discussion and therefore they do not reflect a formal position of the AU and of the EU. The current version of the Action Plan, Draft 0 has been completed in 8 months of work and after 4 rounds of revision. It is an baseline version of the Action Plan. The consultation process should contribute to substantially improve it before its submission to the Heads of State Summit expected to take place at the end of 2010. For the purpose of the consultation process, each chapter of Draft 0 must be read as an individual chapter. This crucial aspect must be taken into due consideration while reading and commenting the present Draft 0. The consistency among different chapters and harmonization into one consolidated document will be addressed during and following the consultation process. For instance, each chapter includes a section suggesting an organizational scheme to optimize coordination, networking and management of EO information at different levels, continental, regional, national local, to be considered as first reflections. It is worth noting that the pairs of African and European experts were asked to draft also two specific sections on “Cost estimation” and “Timetable” for the implementation of the recommendations according to the priorities identified. However, it has been decided by the African-European joint Coordination Team not to address those issues prior to the actual consultation, as needs deriving from the consultation itself would need to be ascertained and prioritized before any assessment of costs or implementation strategies is made. Those will be dully addressed by the Coordination team in a subsequent stage. Also, important aspects of the current version of the Action Plan (Draft 0) have not yet been discussed in the appropriate fora and will be addressed in the validation phase, both via the electronic consultation and via the regional consultation processes that are scheduled to take place in the following months. In particular, some crucial aspects for the operationalization of GMES&Africa need further reflection, such as: − definition and prioritization of actions under GMES&Africa, − African relevant policies, including access to and utilization of data, − interface with GMES Europe, − governance, coordination and financing aspects, − definition of services (including the generation of tailored information for specific user communities and decision makers). Draft 0 is a baseline document to feed those discussions. The African-European joint Coordination Team of GMES&Africa has now launched the consultation process as we are short before the Africa-EU Heads of State Summit end of 2010 and there is a strong need to further engage discussions both in Africa and in Europe for a consensual plan. AFRICAN EUROPEAN UNION UNION GMES&AFRICA Action Plan Draft 0 Reference document for the consultation process ***** Section I – General considerations 1. Introduction to Draft 0 Section II – Cross-cutting issues 2. Policy and Institutional framework 3. Infrastructure framework 4. Capacity Building framework Section III – Thematic issues 5. Long-term management of natural resources 6. Marine and coastal areas 7. Water resources management 8. Impacts of climate variability and change 9. Natural disasters 10. Food security and rural development 11. Infrastructures and territorial development 12. Conflicts and political crises Towards a GMES&Africa Action Plan Section I 1. Introduction to Draft 0 1. Context Space applications are an important challenge and a great opportunity for Africa in addressing sustainable development and poverty alleviation. In this regard, the 8th Partnership on “Science, Information Society and Space” of the “2008-2010 Action Plan for the implementation of the Africa-EU Joint Strategy” underlines the relevance of space-based technologies for development policies. Following the Maputo declaration on GMES and Africa (April 2006), the EU Portuguese Presidency together with other European and African governmental bodies and organisations1, confirmed their commitment to work on the Lisbon Process for "GMES and Africa" (Lisbon declaration, December 2007)), and called upon the EU to plan an extension of its GMES European initiative to Africa, in order to make available to African decision makers all the data and tools needed for an operational implementation of policies targeting the sustainable management of the African environment. The Lisbon Process, which evolves in the wider context of the Africa-EU Action Plan 2008 – 2010, focuses on the elaboration of a “GMES&Africa Action Plan” to set up a medium/long term strategy for Africa, aiming at making full use of the potential of space systems for sustainable development, locally, regionally and continent wide and to reinforce Africa’s capacity and ownership in using remote sensing techniology, especially by implementing operational services in support to sustainable development . The Action Plan also initiates a long-term structured dialogue between Africa and Europe on Earth Observation related applications. 2 The “GMES&Africa Action Plan” The “GMES&Africa Action Plan” has been identified as one of the two “Early deliverables” of the “2008-2010 Africa-EU Action Plan” for the Space component of the “Africa-EU Partnership n° 8 on Science, Information Society and Space”. 1 The Participating Organisations and Governmental bodies to the Lisbon Decelaration are the Portuguese Presidency of the Council of the European Union , the European Commission services, the Commission of the African Union, the Secretariat of the African, Caribbean and Pacific Group of States, the European Space Agency, the European Organisation for the Exploitation of Meteorological Satellites (EUMETSAT), Economic Commission of the West Africa States (ECOWAS), the Intergovernmental Authority on Development of East Africa (IGAD), the Monetary and Economic Community of Central Africa (CEMAC), the Southern African Development Community (SADC), the Indian Ocean Commission (IOC). 2.1 Objectives of the “GMES&Africa Action Plan” GMES&Africa focuses on Earth Observation applications. The objectives of the “GMES&Africa Action Plan” are as follows: 1) to help decision makers in understanding the importance of Earth Observation for sustainable development and poverty alleviation (increased understanding of situations, trends and dynamics, improved environment and natural resources monitoring capacity and improved design of policies and programs); 2) to identify thematic priorities and priorities to enhance the use of EO in Africa; 3) to outline operational modalities reach GMES&Africa objectives, i.e. allowing África to make full use of the potential of space systems for sustainable development and reinforcing Africa’s capacity and ownership in using and contributing to remote sensing science. 4) to define modalities to establish African-European operational collaboration to make best use in Africa of GMES Europe services As indicated in the “Lisbon process”, the “GMES&Africa Action Plan” shall address: - the identification of European and African users communities and stakeholders to be engaged in ”GMES and Africa”; - a mapping exercise aiming at the identification of relevant past and current activities, infrastructure, capacities and programmes on which “GMES and Africa” can build on (including the work done by the GEO capacity building committee and other international experiences); - an efficient approach for a long-term dialogue among the European and the African stakeholders for the integration of African requirements and needs in the provision of GMES services to Africa. This long-term dialogue should structure the cooperation among the African and the European GMES stakeholders and user communities; - the identification of the necessary elements to provide GMES services to Africa and to develop the complementary regional capabilities, and of a strategy to implement them. Data infrastructure initiatives in Africa, training programmes and capacity building on Earth Observation (e.g., in the context of GEO, AMESD, TIGER or regional initiatives) shall be fully identified and exploited; - prioritization of requirements and actions based on the consultation with, and federation of, the African user communities and on the available portfolio and identified assets resulting from relevant projects, programmes, infrastructures and others; - identification of gaps where action is needed; - identification of suitable programmes and funding instruments and schemes for the “GMES and Africa” partnership (e.g., in the context of GMES, EC research and development programmes, GEOSS, AMESD, ESA and EUMETSAT programmes, EDF, regional initiatives, bilateral cooperation, etc.), when local African capacities and infrastructures are not sufficient and having in view the harmonisation of all assets for the long term sustainable development of services and the regional capabilities. Exploration of the typical communitarian instruments used for the general development of GMES, as well as the typical mechanisms in line with the EU external relation and cooperation policies, shall be pursued; - an approach to the governance and data access policy issues; - the setting of a timetable for long term future actions in the development of “GMES and Africa” partnership. 2.2 “GMES&Africa Action
Recommended publications
  • E-Development: from Excitement to Effectiveness
    34147 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized E-Development: From Excitement to Effectiveness Edited by Robert Schware Prepared for the World Summit on the Information Society Tunis, November 2005 Global Information and Communication Technologies Department THE WORLD BANK GROUP Washington, D.C. i E-Development: From Excitement to Efficiency ©2005 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org E-mail: [email protected] All rights reserved This volume is a product of the staff of the International Bank for Reconstruction and Development / The World Bank. The findings, interpretations, and conclusions expressed in this paper do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgement on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development / The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone: 978-750-8400; fax: 978-750-4470; Internet: www.copyright.com.
    [Show full text]
  • Ko Voskuilen
    Orchestration in International Governance: the case of the India, Brazil and South Africa Dialogue Forum. Ko Voskuilen Leiden University Faculty of Humanities International Studies This thesis is submitted for the degree: Master of arts in International Relations. Ko Voskuilen July 2017 July 2017 S1215221 First reader: Dr. S.S, Regilme. Second reader: Dr. K. Smith. Wordcount: 14973. 2 Orchestration in International Governance: the case of the India, Brazil and South Africa Dialogue Forum. Contents. List of abbreviations. ............................................................................................................................... 4 Abstract. .................................................................................................................................................. 5 Introduction. ........................................................................................................................................... 5 Chapter 1 - Literature Review. ................................................................................................................ 8 Chapter 2 - Theory and methodology. .................................................................................................. 14 Chapter 3 - Putting IBSA in perspective. ............................................................................................... 22 South-South cooperation. ............................................................................................................. 22 IBSA ..............................................................................................................................................
    [Show full text]
  • Fast Policy Facts
    Fast Policy Facts By Paul Dufour In collaboration with Rebecca Melville - - - As they appeared in Innovation This Week Published by RE$EARCH MONEY www.researchmoneyinc.com from January 2017 - January 2018 Table of Contents #1: January 11, 2017 The History of S&T Strategy in Canada ........................................................................................................................... 4 #2: January 18, 2017 Female Science Ministers .................................................................................................................................................... 5 #3: February 1, 2017 AG Science Reports ................................................................................................................................................................ 6 #4: February 8, 2017 The deadline approaches… ................................................................................................................................................. 7 #5: February 15, 2017 How about a couple of key moments in the history of Business-Education relations in Canada? .............. 8 #6: February 22, 2017 Our True North ........................................................................................................................................................................ 9 #7: March 8, 2017 Women in Science - The Long Road .............................................................................................................................. 11 #8: March 15, 2017 Reflecting on basic
    [Show full text]
  • World Water Forum Bulletin
    World Water Forum Bulletin A Summary Report of the 5th World Water Forum Published by the International Institute for Sustainable Development in collaboration with the 5th World Water Forum Secretariat ONLINE AT HTTP://WWW.IISD.CA/YMB/WATER/WORLDWATER5/ FINAL ISSUE, VOLUME 82, NUMBER 23, THURSDAY, 26 MARCH 2009 SUMMARY OF THE 5TH WORLD WATER FORUM: 16-22 MARCH 2009 The 5th World Water Forum convened in Istanbul, Turkey, from Monday, 16 March to Sunday, 22 March 2009. The Forum is the largest international event on freshwater, and seeks to enable multi-stakeholder participation and dialogue to influence water policy-making at a global level, in pursuit of sustainable development. The 5th Forum’s main theme, “bridging divides for water,” was addressed through six framework themes: global change and risk management; advancing human development and the Millennium Development Goals; managing and protecting water A view of Istanbul from the venue resources; governance and management; finance; and education, multi-stakeholder process that aims to: raise the importance knowledge and capacity development. of water on the political agenda; support deeper discussions The Forum theme was explored through more than 100 to help solve the international water issues of the 21st thematic sessions, seven regional sessions, and a series of century; formulate concrete proposals; and generate political political processes involving local authorities, parliamentarians, commitment. The World Water Forum takes place in the context ministers and heads of State. A Water Expo, Water Fair, of other international, regional and national water dialogues. Children’s Forum, Youth Forum and meetings of various 1ST WORLD WATER FORUM: The 1st World Water stakeholder groups, including women, were also held.
    [Show full text]
  • A Primer to the North American Leaders' Summit
    A Primer to the North American Leaders’ Summit by Colin Robertson June, 2016 A POLICY PAPER POLICY UPDATE A Primer to the North American Leaders’ Summit (NALS) by Colin Robertson CGAI Vice-President and Fellow June, 2016 Prepared for the Canadian Global Affairs Institute 1600, 530 – 8th Avenue S.W., Calgary, AB T2P 3S8 www.cgai.ca ©2016 Canadian Global Affairs Institute ISBN: 978-1-927573-82-2 Contents Foreward The Program The NALS Agenda The Problems Likely NALS Outcomes Does NALS Matter? USA and Canada Mexico and Canada North American Idea Previous NALS Canada and the Trans-Pacific Partnership Canada and the Americas Further Reading A Primer to the North American Leaders’ Summit FOREWARD n Wednesday, June 29th, Canadian Prime Minister Justin Trudeau will host US President Barack Obama and Mexican President Enrique Peña Nieto for the tenth North American Leaders’ Summit (NALS). O All three leaders want this meeting to succeed. For President Obama, it will advance his climate agenda continentally and help to cement his legacy in managing good neighbourhood relations. Climate also rates high in President Peña Nieto’s agenda, along with improving access for Mexican goods and mobility for Mexicans within North America. In terms of Canada-Mexico relations, President Peña Nieto expects Prime Minister Trudeau to announce the lifting of the obnoxious Canadian visa requirement. For Prime Minister Trudeau, making his debut as host of a multilateral summit, it is another demonstration that ‘Canada is back’. He must reset the Mexican relationship by announcing the long-promised lifting of the visa. He will get to know Enrique Peña Nieto better (they met briefly at November’s G20 summit and they were friendly ‘rivals’ for ‘APEC ‘hottie’ at the subsequent Manila summit).
    [Show full text]
  • Article (Published Version)
    Article The process of building the priority of neglected tropical diseases: A global policy analysis AYA PASTRANA, Nathaly, et al. Abstract Neglected tropical diseases (NTDs) affect vulnerable populations living mostly in tropical and subtropical settings, and disproportionately affect women and children. Historically, the priority given to NTDs in global health policies has been lower than that of HIV, malaria and TB, but in recent years it has increased. To understand the processes that helped raise the positioning of NTDs in global policies, this study used a framework by Shiffman and Smith that assembles determinants of political priority under four categories: actor power, ideas, political contexts, and issue characteristics. A total of 37 global policy documents, 15 WHA resolutions, 38 academic publications, and findings from 12 semi-structured interviews with individuals representing different sectors within the NTD community, were analyzed using a policy framework proposed by Shiffman and Smith. This study found that elements that helped increase the priority of NTDs in global policies included the presence of leaders, institutions and guiding documents to mobilize the community, the creation of the NTD label, and the way the burden and solutions were [...] Reference AYA PASTRANA, Nathaly, et al. The process of building the priority of neglected tropical diseases: A global policy analysis. PLOS Neglected Tropical Diseases, 2020, vol. 14, no. 8, p. e0008498 DOI : 10.1371/journal.pntd.0008498 PMID : 32785262 Available at: http://archive-ouverte.unige.ch/unige:143604 Disclaimer: layout of this document may differ from the published version. 1 / 1 PLOS NEGLECTED TROPICAL DISEASES RESEARCH ARTICLE The process of building the priority of neglected tropical diseases: A global policy analysis 1 2,3 4 2 Nathaly Aya PastranaID *, David Beran , Claire Somerville , Olivia Heller , Jorge 2 1,3 C.
    [Show full text]
  • Revitalizing the Spirit of Bretton Woods 50 Perspectives on the Future of the Global Economic System
    REVITALIZING THE SPIRIT OF BRETTON WOODS 50 PERSPECTIVES ON THE FUTURE OF THE GLOBAL ECONOMIC SYSTEM The Bretton Woods Committee REVITALIZING THE SPIRIT OF BRETTON WOODS 50 PERSPECTIVES ON THE FUTURE OF THE GLOBAL ECONOMIC SYSTEM JULY 2019 The Bretton Woods Committee ACKNOWLEDGMENTS The Bretton Woods@75 Compendium membership and stakeholder network, is a unique and timely publication, though they do not purport to represent issued to honor a historic year for the the views of all Committee members Bretton Woods institutions, and during or to serve as the collective voice of the an extraordinary moment in history Bretton Woods Committee. for the global, rules-based system that Such a monumental effort could not they have operated through and helped have taken place without a great deal of to strengthen since their inception in support from a handful of individuals 1944. As the world celebrates the his- who are exceptionally dedicated to the toric milestone of the 75th anniversary Bretton Woods Committee. Production of the Bretton Woods Conference (for- of this volume was conceived, planned, mally known as the United Nations and implemented by the Committee sec- Monetary and Financial Conference) in retariat team, based in Washington, D.C.: July 2019, the rules-based international Randy Rodgers, Emily Slater, Brooke economic system and its staunchest sup- Snowdon, and Kasey Stelter, with support porters face a significant challenge: how from Melissa Smith and Hana Barkett. to ensure that the global economic system Direction and advisory support were evolves and endures to meet the challenges provided by Bretton Woods Committee of this and the next generation.
    [Show full text]
  • Implementation of the UN Guiding Principles on Business and Human Rights
    ({C<t~ , European~ Parliament­ DIRECTORATE-GENERAL FOR EXTERNAL POLICIES POLICY DEPARTMENT DIRECTORATE-GENERAL FOR EXTERNAL POLICIES POLICY DEPARTMENT STUDY Implementation of the UN Guiding Principles on Business and Human Rights ABSTRACT This study reviews the progress of implementation of the UN Guiding Principles on Business and Human Rights (UNGPs) in non-EU countries, five years after their unanimous endorsement by the United Nations Human Rights Council in 2011. Much progress has already been achieved, with i.a. relevant key international standards like OECD Guidelines for Multinational Enterprises becoming aligned with the UNGPs, new tools being developed to provide guidance to governments and stakeholders and a basis being set for constructive discussion. This led to increased awareness and better understanding, building trust and engagement among various stakeholders. Yet, despite all efforts, business-related human rights abuse is still a serious problem. Further implementation of the UNGPs and related instruments is thus necessary, with special emphasis needed on access to remedy and justice for victims of business-related abuses. Less declaration and more real political will is needed, as states’ commitments to develop National Action Plans implementing the Guiding Principles have been far too slow to materialise, with only twelve NAPs being launched to date. Yet, the number of ongoing processes is promising, particularly in South America, although we have yet to see how meaningful and future action oriented their outcomes will be. EP/EXPO/B/COMMITTEE/FWC/2013-08/Lot8/09 EN February 2017 - PE 578.031 ©European Union,2017 Policy Department, Directorate-General for External Policies The author would like to express her gratitude to all interviewees for their time and information shared, as well as to all who contributed during the research and writing, in particular Claire Methven O’Brien, Paloma Munoz, Marika Lerch, Giulia Bonacquisti, Ioana Logofatu and Łukasz Łukaszek.
    [Show full text]
  • CON.G,J:">]JSSIONAL RECORD-SENATE
    1922. CON.G,J:">]JSSIONAL RECORD-SENATE .. '1553 SENATE. etc., which "\Ya referred to the Committee on Inter~ tate Com­ merce. :MoNDA.Y Janua'ry ~3} 1922. Mr. DADD presented 48 petitions of sund.ry citizens of Souris, The l!aplain, RcY. J. J. 1\fuir, D. D., offered the following Cogswell, Brampto.n, Lundsvalley, Maddock, M()untain, Goocl­ prayer: rich, l\fercer, .McClusky, La 1\foure, Marion, Ypsilanti, Eckelson, Pekin, Arnegard, Rydel', 1\Iohall, Maxbass, Wheelock, Reeder, Our Fathei:, Thou hast very often proven Thyself to be a 'Bucyrus, Haley, Tolley, Norma, Kenmare, Lisbon, Elliott, Coal present help in time of trouble. As we look.out upen tbe wodd 1Harbor, Kulm, Merricourt, Leroy, Backoo, Neche, Sheyenne, this morning we see tbat sorrow is everywhere present. As iPark Ri\er, and Hoople, all in the State of North Dakota, and multitudes the world over bow. before the bier. of a distinguished· of Newark, S. D.ak., p1·aying for the enactment of legisla­ prelate, as a nation sorrows becauso an honored statesman has tion reviving the Government Gram Corporation, so as to passed a"ITny, and as there are so many homes shadowed by the stabilize price of certain farm products, whieh were referrecl presence of a Yacant chair, we would ask Thee to--day, our to the Committee on Agriculture and Forestry• . Father, o to move upon onr.hearts and.lives that through those He· also presented· a re.solution . adopted at a public gathering monition. of Thy providence TI"e may, learn to live right and to of farmers and business men ~ld at Aneta, N.
    [Show full text]
  • Revitalizing the Spirit of Bretton Woods 50 Perspectives on the Future of the Global Economic System
    REVITALIZING THE SPIRIT OF BRETTON WOODS 50 PERSPECTIVES ON THE FUTURE OF THE GLOBAL ECONOMIC SYSTEM The Bretton Woods Committee REVITALIZING THE SPIRIT OF BRETTON WOODS 50 PERSPECTIVES ON THE FUTURE OF THE GLOBAL ECONOMIC SYSTEM JULY 2019 The Bretton Woods Committee ACKNOWLEDGMENTS The Bretton Woods@75 Compendium membership and stakeholder network, is a unique and timely publication, though they do not purport to represent issued to honor a historic year for the the views of all Committee members Bretton Woods institutions, and during or to serve as the collective voice of the an extraordinary moment in history Bretton Woods Committee. for the global, rules-based system that Such a monumental effort could not they have operated through and helped have taken place without a great deal of to strengthen since their inception in support from a handful of individuals 1944. As the world celebrates the his- who are exceptionally dedicated to the toric milestone of the 75th anniversary Bretton Woods Committee. Production of the Bretton Woods Conference (for- of this volume was conceived, planned, mally known as the United Nations and implemented by the Committee sec- Monetary and Financial Conference) in retariat team, based in Washington, D.C.: July 2019, the rules-based international Randy Rodgers, Emily Slater, Brooke economic system and its staunchest sup- Snowdon, and Kasey Stelter, with support porters face a significant challenge: how from Melissa Smith and Hana Barkett. to ensure that the global economic system Direction and advisory support were evolves and endures to meet the challenges provided by Bretton Woods Committee of this and the next generation.
    [Show full text]
  • Africa Regional Paper Bridging Divides in Africa’S Water Security: an Agenda to Implement Existing Political Commitments
    AFRICA REGIONAL PAPER BRIDGING DIVIDES IN AFRICA’S WATER SECURITY: AN AGENDA TO IMPLEMENT EXISTING POLITICAL COMMITMENTS 5TH WORLD WATER FORUM, TURKEY, ISTANBUL March 2009 FOREWORD The aim of the Africa agenda for the 4th World Water Forum in Mexico was to contribute to the dialogue on water development. The Ministerial Declara- tion issued in Mexico noted that to improve water security, “African countries need to invest in water infrastructure up to the level where they can, in order to achieve a self-sustaining auto-induced growth to eradicate poverty and achieve sustainable development”. Good results are beginning to show. For example, the Infrastructure Consortium for Africa (ICA) reports that total ICA commitments to the water sector increased from US$1.8 billion in 2006 to US$2.9 billion in 2007, an increase of 60%. The years between Mexico and Istanbul have witnessed a number of significant events and declarations. These include the Ministerial Conference on Sanitation (eThekwini), the organisation of the First African Water Week and Ministerial Declaration (Tunis), the dedication of the African Union (AU) Summit in June 2008 (Sharm El Sheikh) to water and sanitation, the Ministerial Meeting on Water for Agriculture and En- ergy (Sirte), and the establishment of the Groundwater Commission. These events have increased awareness of regional water security and sanitation issues, notably water for growth and development, the achievement of the water and sanitation MDG targets, impact of climate change and variability on water resources, food security and need for improved regional co-operation on water resources management and infrastructure development. Africa has now reached the point where there needs to be greater convergence between the high level commitments and delivery through concrete and unambiguous actions, strengthening and scaling-up of existing mechanisms and initiatives, and refinement of strategies to close gaps.
    [Show full text]
  • Building an International Monetary and Financial System for the 21St Century: Agenda for Reform
    Building an International Monetary and Financial System for the 21st Century: Agenda for Reform Building an International Monetary and Financial System for the 21st Century: Agenda for Reform eBook published by the Reinventing Bretton Woods Committee Proceeedings of the conference organized by the Committee in New York City, November 24–25 2009 Marc Uzan Founder and Executive Director www.rbwf.org eBook ©2009 Reinventing Bretton Woods Foundation. All rights reserved. The Way Forward Over the last fourteen years, The Reinventing Bretton woods Committee has closely been involved in the debate of improving and reforming the global financial architecture. Our name speaks for itself. In 2008, call for a new bretton woods, Bretton woods 2 has been mentioned by Prime Minister Gordon Brown, President Nicolas Sarkozy among others. Since the heads of State Summit in Washington in November 2008, the global economy is decelerating at an unprecendented level and a sense of disarray, and a loss of confidence world wide is now spreading. This crisis is not any more a crisis of the center versus the periphery, it is a global crisis, economic, financial and political. This crisis is our collective failure not to have taken decisions to improve and change the paradigm during the period of emerging markets crisis of the 1990’s and during the debate of the best way to resolve the global imbalances in the world. In fact, the external imbalance and the internal imbalance of major countries in the world between surplus countries and deficit countries are at the origin of this debacle. So how to explain that Heads of state mention a new bretton woods where at the end, there is no mention at all not even the word exchanges rates or currencies in the G20 heads of state communique? Are we missing something? Maybe we are realizing that the world is not ready for globalisation.
    [Show full text]