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southcentre.org
Identifying Outcomes that Promote the Interests of Developing Countries at COP 18

Climate Policy Brief, November 2012

Developing countries have long been at the frontlines of climate change and bearing the brunt of its impacts on sustainable development prospects and even, in many cases, physical survival and territorial integrity. These underscore the need for global cooperation and action on climate change.

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Statutory Sovereign Debt Workout Mechanisms: Why and How?

Policy Brief, November 2012

Because of the absence of a multilaterally agreed legal system for debt workouts, the practice tends to be ad hoc and disorderly, generally favouring creditors. Often the IMF is involved in coordinating and resolving debt servicing difficulties, be it due to solvency or liquidity problems, based on an adjustment programme agreed with the debtor country.

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South Bulletin (South Centre, Issue 68, 26 October 2012): WTO impasse and the possible roads ahead

This issue of South Bulletin focuses on trade – the WTO impasse and the possible roads ahead, the multilateral trading system and current topical WTO issues; and the IMF-World Bank Annual Meetings held in Tokyo on 9-14 October 2012.

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Trade and Investment Agreements—Barriers to National Public Health and Tobacco Control Measures

Policy Brief, November 2012

An arbitral tribunal is expected to issue soon a decision on jurisdictional matters in a case brought by Philip Morris against the government of Uruguay. The claim, based on a bilateral investment treaty (BIT) between that country and Switzerland, challenges packaging and labeling requirements for cigarettes adopted by Uruguay to reduce tobacco’s consumption.

Tags: Policy Brief
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Financial Instability as a Threat to Sustainable Development

Policy Brief, October 2012

As seen over and again during recurrent financial crises in both developing and advanced economies (DEs and AEs), including the recent global crisis originating in the US and Europe, financial instability and boom-bust cycles undermine all three ingredients of sustainable development – economic development, social development and environmental protection.

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