IDEAs
@DevEconNetwork
A South-centred global network of economists advancing and promoting alternative, pluralist and progressive economic knowledge and practices.
📢REMINDER: Only 6 days left! Submit your applications for the young scholar workshop on "Africa’s Debt Crisis: A Reparation & Reparative Justice Framework Analysis" on 24-26 Aug in Accra, Ghana. Apply by 28 July 11:59am (EAT). Travel costs covered. Read: tinyurl.com/yjahbux4
In #FfD4 Seville, @DevEconNetwork & @South_Centre had a side event for a developing country view on Reforming Credit Rating Agencies. It was a full house and there was active discussion with participation of ambassadors, CRAs, banks, academia, NGOs, UN and more.
It was a full house for the @DevEconNetwork @South_Centre discussion during #FFD4
📌 Join us for the #FFD4 side event: "Reform of the International Debt Architecture: A Developing Country Perspective of Credit Rating Agencies & Financing for Sustainable Development" ℹ️ 12:30pm today at Room 17. Don't miss out! @South_Centre @cpc01 @Jayati1609 @Correa_CEIDIE
“If countries borrow in their own currencies the impact of dominant CRAs would diminish despite their opinions as they would loose policy influence over decisions on debt. Africa’s key challenge is dependence on markets & currencies based in metropoles where it lacks influence”.
Happening now in Sevilla #FFD4Sevilla
**Happening today at 2pm GMT** 🖥️Webinar via Zoom: Advancing Transformative Social Policy in Africa--Towards an Agenda for #SocialSummit2025 🖊️Register: tinyurl.com/yc7vmu8x 🗣️Speakers: @KatjaHujo & @jotAdesina, with @NAnyidoho @GETSPA_IAS @UnivOfGh @opensociety
Happening Tomorrow: Join the GETSPA and @DevEconNetwork webinar on Transformative Social Policy - Towards an Agenda for #SocialSummit2025 With @NAnyidoho, @jotadesina and @KatjaHujo Time: 14:00 GMT Link to register: tinyurl.com/yc7vmu8x Explore ideas on care work,…
**Join via Zoom** 🖥️Webinar: Advancing Transformative Social Policy in Africa--Towards an Agenda for #SocialSummit2025 📅Date: 22 July, 2pm GMT 💬Speakers: @KatjaHujo, @jotAdesina & @NAnyidoho 🖊️Register: tinyurl.com/yc7vmu8x @GETSPA_IAS @UnivOfGh @opensociety
Join us on 22 July, 2025 for a webinar on Advancing Transformative Social Policy in Africa towards an Agenda for the Second World Summit for Social Development. #transformativesocialpolicy #worldsummit #social development
📚Arrancamos el tercer encuentro de la Escuela de Invierno❄️ “Tópicos Avanzados de Economía Política” en Buenos Aires, organizada por @MDE_CEED_DEP de @idaesoficial y por @DevEconNetwork 🪢
📢Call for participants! Join the Young Scholar Workshop on "Africa’s Debt Crisis: A Reparation & Reparative Justice Framework Analysis" on 24-26 Aug in Accra, Ghana. Travel costs covered! Apply by 28 July 11:59am (EAT). Read: tinyurl.com/yjahbux4 @AFRODAD2011 @UnivofGh
🇺🇸x🇻🇳 sign a #TradeDeal reducing tariffs to zero on US imports to Vietnam, while 20% tariff on Vietnamese exports to US & 40% tariff on transhipped goods. Read @cpc01 x @Jayati1609 insights: tinyurl.com/ycvcmxb4 Also posted on @BusinessLine: tinyurl.com/8esdkvfy
⛅️ Comenzamos el segundo día de la Escuela de Invierno “Tópicos Avanzados de Economía Política” en Buenos Aires, una iniciativa de @MDE_CEED_DEP de @idaesoficial y @DevEconNetwork con diversos temas centrales para el desarrollo de la región 🌎🧵
The G7 decision to exempt US multinationals from global minimum corporate tax signals a retreat from global tax cooperation & jeopardises efforts to create a fair tax system. Read @cpc01 blog: tinyurl.com/25cvuwzy Also posted on @Frontline_India: tinyurl.com/yy6tc784
Hoy comenzó la Escuela de “Tópicos Avanzados de Economía Política” de Buenos Aires, organizada por @MDE_CEED_DEP de @idaesoficial y @DevEconNetwork 👩🏽🏫 Verónica Robert y Juan Graña dan la bienvenida a 56 estudiantes de 🇦🇷🇧🇷🇨🇴🇵🇾🇺🇾. ¡Gran semana por delante!
Per @Jayati1609 “having an African CRA is an important step, but we must demand for a global public CRA (under the aegis of the United Nations) as a substitute to private rating (with their fundamentally opaque models). This would address the complex conflict of interest problem”
Happening now in Sevilla #FFD4Sevilla
🗣️ Today, we'll release our report on financing for development (tinyurl.com/2uzrtasd), followed by presentations & discussions until 28 June on research papers related to gender, climate, migration & more — ahead of #FFD4 Conference in Sevilla, Spain. See agenda attached ⬇️
🔴 Join us from tomorrow until 28 June at Pompeu Fabra University (Ciudadella) in Barcelona, Spain, as we present research papers related to gender, climate, migration & more, ahead of #FFD4 Conference in Sevilla. Agenda: tinyurl.com/4et9msu9 Report: tinyurl.com/2uzrtasd
📌 On 26 June, ahead of #FfD4 conference, we'll release our report on financing for development at Pompeu Fabra University (Ciudadella), Barcelona. Read tinyurl.com/2uzrtasd @DevEconNetwork's ED Charles Abugre & Roman Ceano will open the event. Agenda: tinyurl.com/4et9msu9
“Despite recent improvements in transparency & working methods, the monopoly by CRAs introduces global systemic risks-they are private entities with disproportionate systemic power & whose decisions (& errors) impact public life & the global economy. This harm should be avoided”
“Ratings determine the cost of capital and direction of the flow of money & a down grade can make or break a country!” says Yuefen Li. Yet for over 100 years the big 3 CRAs operate like a cartel dominating the credit rating market (collectively owning about 96% market share).
“Ratings determine the cost of capital and direction of the flow of money & a down grade can make or break a country!” says Yuefen Li. Yet for over 100 years the big 3 CRAs operate like a cartel dominating the credit rating market (collectively owning about 96% market share).
It was a full house for the @DevEconNetwork @South_Centre discussion during #FFD4
At the side event organised by @DevEconNetwork and @South_Centre A downgrade can really make or break a country. #CRAs have been operating like a cartel for more than a hundred years. The big 3 hold about 99 percent on the sovereign rating market.
At the side event organised by @DevEconNetwork and @South_Centre A downgrade can really make or break a country. #CRAs have been operating like a cartel for more than a hundred years. The big 3 hold about 99 percent on the sovereign rating market.