Economics
At the forefront of international development efforts are the United Nations, World Bank , and Organization for Economic Cooperation and Development (OECD). These organizations coordinate their development activities with NGOs, private and corporate foundations, and foreign assistance agencies of developed countries. Recently, these efforts have focused on the eight Millennium Development Goals (MDGs) – which range from halving extreme poverty to halting the spread of HIV/AIDS and providing universal primary education, all by the target date of 2015. The MDGs form a blueprint for development agreed to by all the world’s countries and all the world’s leading development institutions.
As UN and World Bank development officials, including their country teams, have pursued the MDGs, they have become increasingly concerned about fighting corruption at the national level in the management of development aid and social development and enlisting the support of many of the transnational corporations who do business in developing countries. Thus, anti-corruption and corporate social responsibility (CSR) initiatives are becoming an integral part of the international development agenda. As the UN, World Bank and their non-governmental partners lead the international development agenda, the issue of global governance-- its nature and affect on national sovereignty—needs increased attention.
Click on the focus areas for more information.
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CORPORATE CITIZENSHIP
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| State Department Appoints Members of Advisory Panel on OECD Guidelines |
| The State Department has appointed representatives from business, labor, civil society, academia to serve on a Stakeholder Advisory Board on the U.S. National Contact Point for the Organization for Economic Cooperation and Development (OECD) Guidelines for Multinational Enterprises. |
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| Amnesty International Blasts "Corporate Malpractice" |
| In a press release distributed in advance of the World Economic Forum last week, Amnesty International denounced "corporate malpractice" that "has been allowed to flourish by government policies of deregulation and limited oversight." |
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| HR Groups Petition UN on Business & Human Rights |
| On January 20, the Federalist Society observed the first public exchange of stakeholders with the UN Working Group on Human Rights and Transnational Corporation and Other Business Enterprises in Geneva. |
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FINANCE & TRADE
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| State Department Appoints Members of Advisory Panel on OECD Guidelines |
| The State Department has appointed representatives from business, labor, civil society, academia to serve on a Stakeholder Advisory Board on the U.S. National Contact Point for the Organization for Economic Cooperation and Development (OECD) Guidelines for Multinational Enterprises. |
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| IMF Official Offers Vision for IMF-Asia Cooperation |
| In a recent speech in Hong Kong, David Lipton, First Deputy Managing Director, International Monetary Fund, explained his vision for how Asia and the IMF can work together to "ensure stability and prosperity for the region and for the world." |
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| WEF Chief Says Capitalism "No Longer Fits" |
| As the next edition of the World Economic Forum opens in Davos, Switzerland, WEF founder and chairman, Klaus Schwab, told the media that established systems of governance and business are in urgent need of a radical overhaul. |
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| WWF Criticizes Greek Austerity Measures |
| In letters addressed to International Monetary Fund Managing Director Christine Lagarde and European Commission President Jose Manuel Barroso, WWF alleges that austerity measures taken to fix the economic crisis in Greece have caused significant environmental setbacks. |
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| International Organizations and NGOS Lead Global Governance |
| A recent article from the Swiss-based International Relations and Security Network examine the insights of those who believe state sovereignty should yield to global governance, with international organizations and non-governmental organizations playing a important role. |
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