Journey to the Summit of the Future - Episode 8
Episode 8 of the Journey to the Summit of the Future features Rebeca Grynspan, Secretary-General of UN Trade and Development (formerly UNCTAD).
As the Summit approaches in September 2024, negotiations are underway on a Pact for the Future, the outcome document to be adopted by countries at this global meeting. One key aspect of this Pact is reform of the multilateral financial system. Our world is facing crippling levels of public debt, and according to UN data, 3.3 billion today are living in countries where debt interest payments are greater than expenditure on health and education.
How can we ensure developing countries have the finance they need to survive global shocks while investing in the development of their people? How can we reform our multilateral financial architecture? Rebeca Grynspan shares her knowledge, and why UN Trade and Development is dedicated to supporting developing countries through sustainable development.
Resources:
- Our Common Agenda: https://www.un.org/en/common-agenda
- Summit of the Future 2024: https://www.un.org/en/summit-of-the-future
- Read the UN Secretary-General's Policy Brief on Reforms to the International Financial Architecture: https://www.un.org/sites/un2.un.org/files/our-common-agenda-policy-brief-international-finance-architecture-en.pdf
- Read the report by the High Level Advisory Board on Effective Multilateralism, including Shift Three - Global Finance: ensuring sustainable finance that delivers for all: https://highleveladvisoryboard.org/breakthrough/
- Read about the UN Global Crisis Response Group: https://news.un.org/pages/global-crisis-response-group/
Selected Resources at the UN Library & Archives Geneva:
In English
Financing Global Public Goods. Revue d’economie Financiere 2023, n° 151(3). Paris: Association Europe-Finances-Régulations, 2023. https://www.cairn-int.info/journal-d-economie-financiere-2023-3.htm.
Luo, Wenbing, Ziyan Tian, Shihu Zhong, Qinke Lyu, and Mingjun Deng. ‘Global Evolution of Research on Sustainable Finance from 2000 to 2021: A Bibliometric Analysis on WoS Database’. Sustainability 14, no. 15 (2022): 9435-. https://doi.org/10.3390/su14159435.
Ozili, Peterson K. ‘Assessing Global Interest in Decentralized Finance, Embedded Finance, Open Finance, Ocean Finance and Sustainable Finance’. Asian Journal of Economics and Banking 7, no. 2 (2023): 197–216. https://doi.org/10.1108/AJEB-03-2022-0029.
United Nations Trade and Development (UNCTAD). Trade and Development Report 2023: Growth, Debt, and Climate: Realigning the Global Financial Architecture. United Nations Trade and Development Report. United Nations, 2023. https://doi.org/10.18356/9789213584866.
En Français
Berthaud, Pierre. ‘L’effet émergence sur la gouvernance économique mondiale au prisme des Relations internationales, de l’Économie politique internationale et de l’Économie internationale:’ Mondes en développement n° 186, no. 2 (18 June 2019): 17–33. https://doi.org/10.3917/med.186.0017.
Cravero, Guillaume, and Patricia Crifo. ‘La finance durable, nouvel enjeu de la compétition économique mondiale’. Politique étrangère Aune, no. 3 (2021): 79–92. https://doi.org/10.3917/pe.213.0079.
Le financement des biens public mondiaux. Revue d’economie financiere 2023, n° 151(3). Paris: Association Europe-Finances-Régulations, 2023. https://www.cairn.info/revue-d-economie-financiere-2023-3.htm.
Siroën, Jean-Marc. ‘Démondialisation et démultilatéralisation : retour vers le pire ?’ Revue internationale et stratégique 132, no. 4 (2023): 77–85. https://doi.org/10.3917/ris.132.0077.
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