STWR - Share The World's Resources

As international attention turns towards a major conference to discuss the global financial crisis, a coalition of NGOs calls upon governments to invest in green technology, protect the poor, and deliver a resource transfer from North to South to promote truly sustainable development. By Put People First.

Government deregulation, driven by blind faith in the virtues of the market, led to an 'inevitable' financial crisis. To respond, the United Nations must return to the forefront of policy decision-making and coordinate action against a 'speculation culture', says a report by UNCTAD.

Suggestions that the economic downturn can be attributed to individual greed are misplaced. A new report  illustrates that an entrenched system of lobbying and 12 deregulatory steps by Washington led directly to a spiralling financial crisis. By Wall Street Watch.

The global economic crisis could result in an additional 18 million unemployed in the world, increased levels of vulnerable people in employment, and 200 million in developing countries being pushed into extreme poverty, says a report by the International Labour Organisation.

The world economy is mired in the severest financial crisis since the Great Depression, with the poorest nations most likely to suffer. Policymakers must coordinate their response to the crisis and urgently reform the international financial architecture, says a major report by DESA. 

Three crises - financial, poverty, and climate - underscore the inter-dependency of nations and the imbalance in spending priorities which, if continued, will come back to haunt Northern governments, says a new report by the Institute for Policy Studies.

The impact of the global financial crisis on Global North has been much analysed in the media and academic journals, however what about the developing world? The crisis could lead to debilitating macro-economic meltdown for those most in need, says a new report by the Institute for Development Studies.