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United Nations Non -Governmental Liaison Service. Project Background. Addressing International Issues? Global Financial Architectural Reform Global Economic Governance Key Stakeholders? Miguel d’Escoto , President of the UN General Assembly Nobel Prize Laurete Joseph Stiglitz

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Presentation Transcript
slide1

United Nations

Non-Governmental Liaison Service

project background

Project Background

Addressing International Issues?

Global Financial Architectural Reform

Global Economic Governance

Key Stakeholders?

Miguel d’Escoto, President of the UN General Assembly

Nobel Prize Laurete Joseph Stiglitz

UN Non-Governmental Liaison Service (UN-NGLS)

Economic and Social Council (ECOSOC)

Finance for Development (FfD)

Civil Society Organizations

project background1

Project Background

Project 1

Civil Society Consultation on the Work of the President of the UN General Assembly’s Commission of Experts on Reforms of the International Monetary and Financial System

Civil Society compilation report prepared for UN-NGLS on reform of the global monetary and financial system

Project 2

Global Economic Governance Reform and the United Nations: Proposal and Analysis from Civil Society

Extensive literature review of civil society proposals advocating global economic governance reform

methodology project 1

Methodology – Project 1

Financial Architecture Reform: NGO Consultation Report

Inclusive report bringing together civil society-based expertise and insights

Online consultation that sought feedback on world financial and economic crisis:

Financial regulation

Multilateral issues

Macroeconomic issues & Addressing the crisis

Reforming the global financial architecture

Received submissions from civil society

Compiled submissions into 4 subject themes

Prepared report which provides a forum for debate

methodology project 2

Methodology – Project 2

Global Economic Governance Reform: Civil Society Proposals & Analysis

Background review of civil society-based expertise and insights

Literature review of civil society proposals advocating reform of:

Economic and Social Council (ECOSOC)

Strengthening the Financing for Development follow-up process

Formation of a new UN-based economic governance body

Researched proposals and advocacy documents

Sent our proposal outline and position briefing to NGLS

Intentionally excluded proposals

That relied on narrow definitions of ‘global economic governance’

Included specific economic policy prescriptions

slide6

Outcome & Results

Project 1 - Compiled and analyzed recommendations from civil society, on behalf of NGLS, for reforming the global financial architecture in light of the current economic and financial crisis.

Recommendations used as key inputs:

  • Deliberations of the President of the UN General Assembly’s Commission of Experts on Reforms of the International Monetary and Financial System
  • Financial system forum chaired by Professor Joseph L. Stiglitz

Published paper is available at: www.un-ngls.org/IMG/pdf_finalreport.pdf

slide7

Outcome & Results

Project 2 - Produce a background paper advocating global economic governance reform.

  • The United Nations is best positioned to be the locus of global economic governance reform; through strengthening ECOSOC (or creating a new global governance body under U.N. auspices) and leveraging the FfD follow-up process.
  • Platform to mobilize Civil Society around :
    • Doha Review Conference (Nov/Dec in Doha, Qatar)
    • High Level Conference taking place at the UN in June

Paper is available at: www.ffdngo.org

slide8

Partnerships & Cooperation

  • Coordinate team members in collaboration with UN-NGLS offices in New York and Geneva
  • Weekly in-person meetings, conference calls, and continuous email dialogue to keep everyone up to date and on task
  • Required constant reworking and revising of timelines, establishment of clear objectives and benchmarks, as well as definitive allocation of tasks
slide9

Collaboration

  • Extensive individual research and group discussions to develop the understanding of two complex themes
    • Global economic governance
    • Financial and monetary architectural reform
  • Research, writing and editing phases
slide11

Challenges

Political considerations

Client inexperience managing consultants

Differing or unclear expectations

Client has inadequate time/other priorities incompatible with project timeline

slide12

Lessons Learned

  • Becoming an expert
    • Understanding topic before doing anything else
  • Clear terms of reference
    • Our role/responsibilities to client
    • Client’s role, responsibilities and expectations
  • Establishing standards & clear writing process
    • Workflow, editing, feedback from peers/client, style, voice, references
  • Setting realistic objectives and deadlines
    • Up-to-date timeline
  • Open a clear and continuous line of communication between group members and client
    • Regular meetings
slide13

United Nations

Non-Governmental Liaison Service

Thank you

Barry!