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Meeting Report from New Rules
Special Inaugural Meeting
Appendices:
A:
List of Members as of May 17, 2006
B:
New Rules Activities
C: Final Recommendations from FFD Consultations
D:
Project Description - Democratic Governance and Parliamentary Oversight (DGPO)
Project
E:
Board Candidate Bios
F:
Proposals Received for Discussion
APPENDIX F: Proposals Received for Discussion
Dear Seamus:
As plans move
forward with the inaugural New Rules business meeting, there are two proposed
items I want to bring to our attention in your capacity as Chair of the Board.
The first item is a proposal to update and revise the Mission Statement of New
Rules. The second item is a proposal to form a Global Advisory Group to assist
the board in shaping policy and provising strategic guidance on priority issues
affecting the global financial architecture. I have provided further details on
each item below. Thank you for giving your consideration to these proposals.
1. Revise
New Rules Mission Statement:
One of the
recommendations from last year's New Rules Retreat was to rework the Mission
Statement to add and emphasize the need for “democratic reform and
accountability of the global financial architecture in order…” This
clarifies and adds two additional key principles and criteria guiding the type
of reforms that New Rules envisions for governance of the global economy.
2. Form an
Global Advisory Group
The second item is
a proposal to form a Global Advisory Group to assist the board in shaping policy
and providing strategic guidance on priority issues affecting the global
financial architecture. Given that New Rules' agenda focuses on governance of
the global financial economy, it is critical that New Rules ensure broad
representation and voice by leading people from around the globe (and key
sectors) in the actual governance of the New Rules for Global Finance Coaltion.
One possible approach would be to form a a Global Advisory Group with
representation from each of the world's regions (e.g., Africa, Asia, Europe,
Middle East, North America, and South America) with diverse representation from
key sectors (e.g., business, government, civil society). A task force could be
delegated by the Board to explore the criteria and terms for representation and
to nominate candidates to the proposed Global Advisory Group.
I trust these two
proposals are consistent with and advance the vision and work of New Rules for
Global Finance Coalition. Please do let me know if you have questions or
concerns.
Thank you for your
leadership in this process!
Best regards,
Jim Riker
Jim Riker, Ph.D.
Convener, Global Governance Working Group
New Rules for Global Finance Coalition
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