The Club de Madrid’s official side event in Rio+20 is an opportunity to unveil the Global Shared Societies Agenda, a joint initiative Club de Madrid, Friedrich Ebert Stiftung and Center of Concern aimed at promoting long-term inclusive and sustainable growth developed during a seminar in April 2012 in the context of the Spring meetings of the IMF/World Bank, in which representatives of different international organizations took part.
There is a growing concern about current levels of overall inequality and theirnegative impact on economic performance. Equally Shared Societies are not only inherent desirable but they too offer an economic dividend. The costs of social divisions, and of missing out on the Shared Society dividend may be significant and the ultimate consequences for the sustainability of human economic and social life, devastating. The Global Shared societies Agenda is intended to guide on what policy options provide the best opportunities to encourage greater equality, inclusion and sharing and thereby facilitate the creation of a more effective, efficient and sustainable economic system.
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Club de Madrid Proposes a “Shared Societies Agenda” During IMF-WB Spring Meetings
The Club de Madrid, the Friedrich-Ebert-Stiftung, and Center of Concern’s Rethinking Bretton Woods Project jointly organised a Conference on “A Global Shared Societies Agenda: A Strategy to promote social cohesion for sustainable development and growth” at the International Money Fund-World Bank Spring Meetings in April, 22nd, 2012 co-chaired by Club de Madrid Members John Bruton and Petre Roman and IMF’s Deputy Director of Strategy, Policy and Review Department, Hugh Bredenkamp. The meeting’s goal was to promote discussion among influential current and former policymakers and key thinkers in the context of the 2012 Spring Meetings of the International Monetary Fund and the World Bank.
The Club de Madrid and its partners believe the the linkages between reform of the international financial and monetary system and the prioritization of policies that promote equitable and shared societies must be pursued together in order to achieve sustainable development and growth.
The conveners of the meeting will come up with a first draft of A Shared Societies Agenda that will be circulated among the participants for endorsement, and that will be formally presented to the IMF Management –among other organisations- as a next step following the conference.
Read here the program of the session:
Category: SSP in Action
| Tags: center of concern, fes, Friedrich-Ebert-Stiftung, imf, international money fund, john bruton, Petre Roman, Shared Societies Agenda, wb, world, world bank