#NewGlobalFinancingPact
By: Ishac Diwan,
Category: Events
The Finance for Development Lab is an independent non-profit, non-partisan think-tank dedicated to building a fairer and more effective architecture for international finance.
Acting as a hub for policy discussions, the Lab collaborates with think-tanks, researchers, and other key stakeholders across the Global South to generate constructive ideas, craft innovative proposals, and influence global policymakers, with a particular focus on G20 countries and Bretton Woods institutions.
The Lab is housed at the CEPREMAP, a leading French research institute located within the Paris School of Economics. It is supported by the Bill & Melinda Gates Foundation.
In the aftermath of the COVID-19 crisis and amid growing geopolitical uncertainty, the global financial architecture is increasingly unable to finance the Sustainable Development Goals and to support countries in the fight against climate change.
Furthermore, we believe that the interests of low- and middle-income countries are currently not adequately represented in global decision centres, jeopardising their ability to achieve sustainable development.
The Lab’s mission is to fill existing knowledge and perception gaps by serving as a specialised research and discussion forum specifically focused on development finance and debt related issues. We do so by collaborating with research partners across the Global South, and disseminating recommendations among international decision centres. To achieve our mission, we provide experts in developing countries with research support, and with assistance in disseminating and channelling their ideas and policy proposals as effectively as possible.
Our work is organised around three key pillars: financing, debt and multilateralism.
Financing models need to be adapted to today’s context of recurrent crises
• Better allocate Special Drawing Rights and extend the Global Financial Safety Net
• Improve investment from private sources to help advance sustainable development.
Debt sustainability is increasingly fragile. Our proposals focus on:
• Fostering more collaborative approaches between creditors and debtors
• Redefine the role of international organisations
• Revising our understanding of debt sustainability
Multilateralism is in danger and development finance is increasingly fragmented:
• Better understand the role of emerging lenders
• Foster mutual understanding between key stakeholders
After visiting Ghana to write about how can nations escape the debt trap.
Check out the ERF working paper of August, titled "Assessing the Sustainability of Jordan’s Public Debt: The Importance of Reviving the Private Sector and Improving Social Outcomes" by Zafiris Tzannatos and Ibrahim Saif
Submit your papers and join us for the 2024 debtnerds party in Paris
Join us in Paris for #Debtcon7!
We are very happy to announce that FDL, along with @PSEinfo, will host #DebtCon7, on May 29 to 31, 2024, with out co-hosts @AGelpern (@GeorgetownLaw ), @LaynaMosley (@PrincetonSPIA, @PrincetonSovFin) and @upanizza (@GVAGrad ). Find out more: https://findevlab.org/debtcon7/
🆕🇱🇧 ⚡️"Lebanon at risk" ➡️ check out our latest policy note by @ishacdiwan & @henrichaoul, in partnership with @ERFlatest ☑️ Review of post-crisis eco. dev. & policy recommendations ☑️Vision of a new growth path☑️ Discussion of a revised donors' strategy
🌍 Exciting news! On this AU Day, we celebrate a significant milestone: the @_AfricanUnion's inclusion in the #G20.
This recognition reflects #Africa's growing influence on the global stage. Together, we're shaping a brighter future for our continent & the world.
Happy #AUDay!
Au nom de toute l’équipe du FDL, un hommage à Daniel Cohen, notre co-fondateur, mentor et ami. Nous nous attacherons à faire perdurer sa vision et ses idées.
https://findevlab.org/fr/hommage-a-daniel-cohen-notre-co-fondateur-president-mentor-et-ami/
On behalf of the entire FDL team, paying tribute to Daniel Cohen, our co-founder, chair, mentor and friend. We will endeavour to live up to his legacy.
https://findevlab.org/mourning-daniel-cohen-our-co-founder-chair-mentor-and-friend/
Daniel Cohen, président de Paris School of Economics, est décédé ce dimanche 20 août 2023.
Toute la communauté de PSE ressent une immense tristesse et un terrible vide face à cette disparition.
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