May 18-19, 2005

Organized by Civil Society - New Rules for Global Finance Coalition

In Cooperation with the UN Financing for Development Office

Co-Sponsored by Foreign Ministry of Sweden, Commonwealth Foundation, UN Foundation, Friedrich Ebert Foundation

Primary reading materials are indicated with a (►) please be sure to read these materials first.

WELCOME AND OPENING SESSION

► Rapporteurs' Reports from the International Conference on Financing for Development Multi-Stakeholder Consultations on Systemic Issues.

I. Washington, DC. November 2004. (14 pages)

II. Lima, Peru. February 2005. (6 pages)

III. Nairobi, Kenya. March 2005. (8 pages)

SESSION I: CRISIS PREVENTION: BORROWING IN LOCAL CURRENCY AND A NEW INTERNATIONAL DEBT FRAMEWORK

►A Proposal for a New International Debt Framework (IDF) for the Prevention and Resolution of Debt Crisis in Middle-Income Countries . Kathrin Berensmann and Frank Schroeder. February 2005. (22 pages)

►Up From Sin: A Portfolio Approach to Financial Salvation. Randall Dodd and Shari Spiegel. August 2004 (29 pages)

SESSION II: GOVERNANCE AND CREDIT DURING CRISIS

► Governance and Crisis . Oscar Ugarteche. May 2005. (3 pages)

►The Governance of the International Monetary Fund . Ariel Buira. 2003. (20 pages)

LUNCH: LABOR ISSUES AND DEVELOPMENT

SESSION III: COUNTER-CYCLICAL POLICIES

► Capital-account and counter-cyclical prudential regulations in developing countries. José Antonio Ocampo. February 2003. (37 pages)

SESSION IV: GOVERNANCE: FINANCIAL STABILITY FORUM, BANK FOR INTERNATIONAL SETTLEMENTS, BASEL COMMITTEES

► The Pro-Cyclical Impact of Basle II on Emerging Markets and Its Political Economy . Stephany Griffith-Jones and Avinash Persaud. (26 pages)

► The Reform of Global Financial Governance Arrangements . Stephany Griffith-Jones and Jenny Kimmis (39 pages)

SESSION V: PRIVATE SECTOR ISSUES IN LOW INCOME COUNTRIES

► Private Capital Flows to Low-income Countries: Perception and Reality. Matthew Martin with Cleo Rose-Innes. 2004. (23 pages)

SESSION VI: COMMODITIES: SYSTEMIC ISSUES AND RISK MANAGEMENT POLICIES

► A Profile of the International Cotton Advisory Committee . Carlos A. Valderrama, Head Economist, ICAC. (4 pages)

► Report of the Meeting of Eminent Persons on Commodity Issues. September 2003. (17 pages)

► Protecting Developing Economies From Price Shocks. Randall Dodd. September 2004. (12 pages)

Discussion Paper: Commodities as a Development Issue . Presented at the informal hearings of civil society on financing for development. Irfan ul Haque. March 2004. (8 pages)

SESSION VII: SLOWING CAPITAL FLIGHT: BANK TRANSPARENCY

►The Cost of Capital Flight . David Spencer. May 2005. (7 pages)

Related Links

• Meeting Agenda
• Background Papers
• Participants List
• Photographs