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International Financial Institutions and Social Protection and Gender: Missing the target

Gino Brunswijck

18 Mar 2019 16:54:17

Social protection has been at the forefront of discussions of late, with it playing a central role in the Sustainable Development Goals, featuring heavily at this year’s United Nations Commission on the Status of Women, and as the International Monetary Fund developing an institutional view on social protection. Social protection, including floors, is an important component of the 2030 Agenda for  Sustainable Development, including SDG target 1.3, which reflects the collective pledge to “implement nationally appropriate social protection systems for all, including floors” for reducing and preventing poverty. Moreover, target 1.3 commits all UN Member States to “achieve substantial coverage of the poor and the vulnerable” by 2030. While the UN links social protection ...

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International Women's Day 2019 - #EconomicJustice for #GenderJustice

Lottie Atkin

14 Mar 2019 12:14:14

Over the course of the week leading up to International Women's Day 2019 we released a series of graphics featuring the staff of Eurodad and their work areas, with quotes reflecting how Eurodad's work aims to promote gender equality. This series is part of our overall '#EconomicJustice for #GenderJustice' campaign which continues during the Commission on the Status of Women. Follow the hashtags for more information or have a look below if you missed any of our staff members’ quotes. "By closing tax loopholes, and by tackling unsustainable debt and privatisation of development finance, Eurodad’s work contributes to ensuring sufficient public finance for quality and adequate public services in education, health and infrastructure. These are essential ...

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Making tax work for women's rights

Olivia Lally

08 Mar 2019 16:17:12

Today, March 8th, marks International Women’s Day and the launch of the Global Days of Action on Tax Justice for Women’s Rights, coordinated by the Global Alliance for Tax Justice. News headlines will rightly focus on the oppression, discrimination and systemic inequalities faced by women, but one point that is often overlooked is the many ways in which the tax system, like other policies and structures, offers a transformative tool for redistribution and financing gender equity. However, the tax system’s transformative power is consistently undermined by current tax laws and practices, and these in turn perpetuate and exacerbate the inequalities faced by women. Large scale tax avoidance and evasion by multinational companies and wealthy individuals continue to deprive governments ...

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Public private partnerships undermine gender equality and women's rights

Maria Romero

08 Mar 2019 12:54:26

Public-private partnerships (PPPs) are being actively promoted by donor governments and international financial institutions to finance social services and infrastructure projects around the world.. PPPs are agreements where private sector companies replace the state as providers of traditional public services and infrastructure, such as health and education, transport, energy, and water and sanitation. With International Women’s Day and the next session of the UN Commission on the Status of Women (CSW) fast approaching, now is the time to unpack how PPPs impact gender equality and women’s rights. Indeed, the risks and consequences associated with PPPs can undermine the achievement of governments’ commitments under Agenda 2030 to deliver the Sustainable Development Goals (SDGs), including ...

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International Women's Day 2019 - Economic justice for gender justice

Tove Ryding

07 Mar 2019 15:47:20

A central part of today’s unjust economic system is the disadvantageous position of women compared to men. Women are more likely to live in poverty, and are more strongly impacted by increasing global economic inequality. The difference between men and women in access to decent jobs and equal pay, as well as numerous examples of discrimination regarding ownership and inheritance rules are just some of the factors that maintain and reinforce these inequalities. Severe under-representation of women and girls in economic and wider societal decision-making at all levels adds further to the structural inequalities.Women are also hit harder by austerity, not least due to their strong dependence on accessible quality public services. This includes, for example, childcare and elderly care, which ...

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An economy that serves the people: new UN guidance to anchor policy-making to human rights

Mark Perera

28 Feb 2019 15:24:54

This week the UN Human Rights Council will discuss new Guiding Principles to ensure human rights are integral to economic policy-making.  EU states must endorse the new Principles and promote their use at national level.  Strong European support will show that lessons have been learned from the human costs of the financial crisis and see the EU standing behind its development policy commitments. A decade of austerity… A decade on from the onset of the global financial crisis, it is hard to ignore the mounting evidence that austerity economics have had a corrosive effect on the enjoyment of human rights across the world.  From Argentina to Greece, South Africa to the UK, the costs of severe fiscal consolidation have been disproportionately borne by society’s ...

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Opinion: It's time to challenge the status quo in picking the World Bank president

Maria Romero

27 Feb 2019 16:02:44

At a time when the legitimacy of the World Bank as a development institution is at stake, countries from around the world are in the process of recruiting the new president of the institution. Any member of the World Bank can put forward a candidate. But since its founding, there has been a gentlemen’s agreement where the United States and its European allies work behind closed doors to ensure a U.S. citizen leads the World Bank, in exchange for the European leadership of the International Monetary Fund. The White House put forward David Malpass — a long-time critic of multilateralism — as its nominee for the institution’s next president, while Lebanon just put a new name on the table, Ziad Hayek, the only known challenger so far to Trump’s nominee. Challenge a failed model The leadership ...

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Errors and Omissions: A glance at the European Commission’s new Communication on Policy Coherence for Development

Bodo Ellmers, Tove Ryding

14 Feb 2019 17:45:26

The European Commission has released a new Staff Working Document on Policy Coherence for Development (PCD). The Commission’s report covers the first three years of the EU’s attempts to implement the Sustainable Development Goals, an endeavour for which PCD is crucial. The document however unveils that the EU’s PCD framework, as complex as it might already be, continues to have severe omissions – in particular the complete neglect of the EU’s fiscal and monetary policies on sustainable development in and outside the EU. Moreover, while the Communication maps EU policies on taxation and investment, it sells some of those as positive contributions while it neglects the risks and negative impacts that EU policies in these areas have. Coherence in times of Sustainable Development ...

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The World Bank President we want: a time for new thinking on development finance

Maria Romero, Cecilia Gondard

17 Jan 2019 14:07:06

First published by Development Finance International  When Harvard-trained global health leader Jim Yong Kim took office as World Bank President in 2012, many thought he would put locally-anchored sustainable development and accountability at the centre of the World Bank’s approach. However, a critical look at his tenure, and his new workplace, raise many red flags. Now that most headline news is about the role Ivanka Trump will play, who the US nominates and the timeframe for nominations – which kick off in three weeks – it is crucial to clarify: who needs to be at the helm of the World Bank for the institution to serve its development mandate? And what kind of process, and eventually president, will serve to raise the legitimacy of the institution? Kim’s departure has been a ...

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Things to watch in 2019: Debt and emerging debt crises (part 2)

Bodo Ellmers

17 Jan 2019 11:57:36

Second in a two-part blog series  At the start of the New Year, the number of countries at high risk of debt distress is growing at an alarming rate. With so many crises already ongoing, and more expected to emerge over the next 12 months, it’s no surprise that the topic is high on the agenda of international organisations. But perhaps it’s not as high up as it should be in order to head off a looming crisis… Here are some of the key moments to look out for in the 2019 calendar: In March, the UN Human Rights Council will convene for its 40th session. On the agenda: adopting Guiding Principles for human rights impact assessment of economic reform programmes. These principles should ensure that future ‘reform programmes’ – i.e. adjustment programmes that creditors such as the ...