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Statement by Dr. Arjun Karki at the Seminar on Financing Development in the LDCs: Trends & Prospects |
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New York, 18 November 2008 Good morning, UN High Representative for the LDCs, LLDCs and SIDS, Mr Cheick Sidi Diarra, Excellencies, Ladies and Gentlemen, I would like to begin my presentation, first and foremost, by thanking all participants and fellow panelists who have assembled today to discuss the importance, challenges and opportunities for financing development in the world’s poorest 49 countries - the Least Developed Countries (LDCs). With less than two years remaining to meet the deadline of 2010, for the realization of the Brussels Programme of Action (BPoA) for the LDCs, it is clear that most of the objectives will not be met. Additionally, the Millennium Development Goals (MDGs) – some of which are also included in the BPoA - will not be achieved in full if not realized in the LDCs. And, the failure to achieve the MDGs in these countries will be a failure of the international community to honor its commitments to around 800 million people living in LDCs, majority in poverty deprived of development. |
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We have witnessed complete metamorphosis: PM Dahal |
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Prime Minister Pushpa Kamal Dahal 'Prachanda' has said that the recent political transformations observed by Nepal are not mere cosmetic changes but complete metamorphosis. Addressing the inaugural session of the Conference on Democracy, Development and Peace in Asia, in Kathmandu Monday, PM Dahal said that recent global crisis has seriously affected poor countries. "The global meltdown that started from the US and, which is having chain effect elsewhere, is triggering tremendous negative effect on countries of the south," he said. Professor Samir Amin, a noted political economist, termed the recent global financial crisis as systemic failure of capitalism. |
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Foreign minister says ‘Poverty will not be eradicated until injustices prevail in LDCs’ |
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Asia Regional Consultation on Least Developed Country (LDC) Issues kicked off  08 Nov 2008, Kathmandu.
The Asia regional consultation on LDC issues has began on 8th November 2008 to assess the effective implementation of the BPoA including other internationally agreed development goals towards achieving the overarching objective of poverty reduction and sustainable development in the Asian LDCs. The consultation started with the message that an increase in number of the Least Developed Countries (LDCs) from 24 in 1971 to 49 today, and ironically, after three decades of special development attention, three UN LDC consultations and three specific Programmes of Action, clearly proves the failure of existing development paradigms to effectively address the development challenges and constraints in these poorest countries. There are now 33 LDCs in Africa, 15 in Asia and 1 in the Caribbean that house 750 million people. |
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Conference on Democracy, Development and Peace in Asia |
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An international consortium of Civil Society Organisations comprised of LDC Watch, South Asia Alliance for Poverty Eradication (SAAPE), Asian Regional Exchange for New Alternatives (ARENA) and Korea Democratic Foundation (KDF) is going to organise the Asia Regional Conference on Democracy, Development and Peace on 10-12 November 2008 in Kathmandu, Nepal. The objective of the conference is to contribute towards strengthening democracy, sustainable development and peace in Asia. The conference is designed to be attended mainly by the delegates from political parties, academia and civil society organisations from across the Asia-Pacific region. They also include policy makers, planners and development practitioners. Mr. Pushpa Kamal Dahal 'Prachand, the first Prime Minister of the Federal Democratic Republic of Nepal, has consented to be the Chief Guest of the Conference. Similarly, Mr. Samir Amin has accepted our request to be the Key Note Speaker of the Conference. More... |
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Join the Global Day of Action against Illegitimate Debt, IFIs & Climate Change on October 13, 2008 |
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Part of the Week of Global Action vs Debt & IFIs Debts that were used for harmful projects or to impose harmful policies are illegitimate. And illegitimate debt has been a major factor to the escalation of the climate crisis. International Financial Institutions such as the World Bank and the IMF, bear a significant part of the responsibility for illegitimate debt and harmful debt-related projects and policies. |
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