Global Financial Crisis

Global Financial Crisis And Sustainable Development
Henrietta Lefebvre
UN General Secreatry, Ban Ki-Moon has said, "While recently we have heard much about how problems on Wall Street are affecting Innocent people on Main Street, we need to think more about those people around the world with no streets. Wall Street, Main Street, no street – the solutions devised must be for all."
The Centre for Economic Studies and Sustainable Development – CESSDE, is holding its first largest and most diverse international gathering, dedicated to the global financial and economic crisis with a theme: Impact and implications of the global financial crisis on sustainable development: Proposals for an integrated global response.
•It is now believed that the international community is now challenged by the severe impact on development of multiple, interrelated global crises and challenges, such as increased food insecurity, volatile energy and commodity prices, climate change, and a global financial crisis. The Centre for Economic Studies and Sustainable Development is offering by far the best analysis of how the financial crisis will affect humanitarian and development funding and how to develop a counter-cyclical strategy building. According a release from Dr. Mrs.
Henrietta Lefebvre, the conference programme is dedicated to the current situation of the global financial crisis, and offers an open international forum for the discussion of this topic. The aim is to establish new design perspectives and actions through dialogue with representatives from civil society, government, politics, NGOs, economics, science, Individuals, etc.
The Centre for Economic Studies and Sustainable Development (CESSDE) is a private, nonprofit, nonpartisan research institution devoted to the study of world economy and Sustainable Development. The Centre provides timely analysis, and concrete solutions to a wide range of international economic and financial problems. The pursuit of sustainable development requires adequate attention and interactions among the environment, society and the economy. As such, CESSDE explores how the environment is valued; how public policy instruments can be designed better; and how abject poverty can be addressed sustainably.
The world economy has changed dramatically in the last few months. The financial crisis has become a global crisis, threatening to shrink developing countries' access to trade and investment. For many developing countries, the U.S. credit crisis means slower growth and rising inequality. The effects will be protracted, and not all will show up at the same time. And the nature and degree of impact will vary widely. Some countries, notably those with extensive foreign exchange reserves and strong fiscal positions, will be much better able to cope than others. But overall the crisis is very bad news for developing countries and especially for the poor.
The First 2009 CESSDE Annual Conference and Steering Meeting has been scheduled from:
16th–20th March 2009 in Toronto, Canada
*23rd-27th March 2009 in New York, USA
This is expected to give the best opportunity to exchange ideas and to further develop the conference program while enhancing the collaboration between the different participating institutions.
VENUE: The conference in Toronto – Canada will take place at the CESSDE conference hall, while the conference in New York – USA will take place at LuisFord Conference Centre. For more information, contact : Henrietta Lefebvre -Mrs.- (Ph.D), The Organizing Committee Secretariat, Centre for Economic Studies and Sustainable Development – CESSDE, 906 York Mills Road, Toronto, Ontario M3B 3H2, Canada Phone:+1-914-410-6890 Fax: +1-914-931-7139 Email: development.network@canada.com / cessdev@gmail.com