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Impact And Implications Of The Global Financial And Economic Crisis On Sustainable Development & Climate Change: Proposals For An Integrated Global Response To The Crisis.

“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. More than one year after the Lehman Brothers collapse, we are still struggling to come out of this meltdown as unemployment continues to rise. Are we any safer than we were a year ago? How well paved is the road to recovery? Have we learnt our lessons from the global meltdown?” Mr. Ban Ki-Moon, UN General Secretary.

The International Network for Economic Studies and Sustainable Development– INESSD, 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 and Economic Crisis on Sustainable Development: Proposals for an Integrated Global Response. You are cordially invited to contribute to the success of this event with your effective participation.

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 and Economic crisis. The International Network for Economic Studies and Sustainable Development offers by far the best analysis of how the financial and economic crisis will affect humanitarian and development funding and how to develop a counter-cyclical strategy building. The conference programme is dedicated to the current situation of the global financial and economic 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, politics, economics, and science, individuals, etc.

The First 2010 INESSD Annual Conference and Steering Meeting will take place from : 8th — 12th March 2010 in Toronto, Canada 15th — 19th March 2010 in New York, USA

Participants are highly encouraged to attend the entire conference. This will give the best opportunity to exchange of ideas and to further develop the conference program while enhancing the collaboration between the various participating institutions.

Venue: The conference in Toronto — Canada will take place at the Toronto Conference Center. The conference in New York — USA will take place at NYC Seminars and Conferences Center.

Inessd Background: The International Network for Economic Studies and Sustainable Development (INESSD) 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, INESSD explores how the environment is valued; how public policy instruments can be designed better; and how abject poverty can be addressed sustainably. Background documents and information are available on the INESSD website.

The world economy has changed dramatically in the last few months. The financial and economic crisis has become a global crisis, threatening to shrink developing countries’ access to trade and investment. The International Network for Economic Studies and Sustainable Development- INESSD offers by far the best analysis of how the financial and economic crisis will affect humanitarian and development funding and how to develop a counter-cyclical strategy building.

For many developing countries, the U.S. credit crisis will mean 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 International Network for Economic Studies and Sustainable Development- INESSD intends to find answers to this financial and economic crisis and to the structural causes of it and to develop and implement suitable action strategies. This will be accomplished through dialogue with delegates from diverse walks of life at the upcoming conferences.

Conference Methodology: The conference is organized as an open discussion forum and provides scope for participants to explore the ins and outs of the global financial and economic crisis. Presentations by acclaimed experts from different field of knowledge during the first half of the conference will form the starting point of the subsequent discussions. In the second half of the conference, participants will be divided into groups to work out the core issues from the focus points of the conference. The results and recommendations from the groups will be presented in plenum, discussed and finally made available to the participants.

The Conference will also provide various opportunities to engage participants in sharing experiences and articulating perspectives on how to enhance their activities in the financing of their various projects, especially the NGOs/CBOs including round table panel discussions and break-out sessions, interactive dialogue, workshops, caucuses and other activities.

Call for papers:

The conference will welcome submissions from scholars, financial experts, policy makers, and other practitioners. Participants will be able to enjoy shows, attractions, activities, and tours available in host cities.

  • The following topics can be covered in your submission and presentation: Causes and Solutions of the Global Financial and Economic Crisis

  • Global Repercussions of the Financial and Economic Crisis

  • The Economic Crisis and the Climate Change

  • Fundamental Defects of the Free Market System

  • The Impact of the Financial and Economic Crisis on Developing Countries

  • The Impact of the Financial and Economic Crisis on Millennium Development Goals (MDG’s)

  • Accounting & Financial Regulations

  • The US Domestic Financial System and the Need for Reform

  • Government and/or Private Sector Response to the Financial and Economic Crisis

  • Any other related topic

    Instructions for submission of papers:

  • Please note that your submission is not limited to the above-mentioned topics and cross-disciplinary works are highly encouraged.

  • The deadline for submitting papers is January 25th, 2010, early submissions are welcomed.

  • Notification of acceptance of paper along with comments will be on or before 30th, 2010.

  • All papers should be submitted by email to Dr. Kathryn Bloomberg (Mrs.) at

    Participation and target groups:

    We expect participants from:

    Governments and international organizations: Representatives of international organizations including the World Bank, IMF, WTO, the United Nations, top regional organizations and development banks, Government representatives including, ministers of finance and economy, and ministers of social welfare, Political decision-making bodies (parliamentary committees, ministries both national and foreign).

    Civil Society :

    Leaders from national and international NGOs/CBO’s, Activists and trade union leaders, Religious and faith community leaders, Human Right Organizations, Microfinance institutions, private philanthropists, foundations.

    The Business Sector :

    CEOs and board-level executives, Social Entrepreneurs, Leaders of the most influential industry associations in the world, particularly from developing countries.

    Academics Institutions And Leaders:

    Experts from a wide range of fields, Presidents of top universities and Leaders of top think tanks.

    Individuals: interested in knowing how the global financial and economic crisis will impact their daily lives and how to cope with it.

    Media: Publishers, editors-in-chief, top columnists and economic editors


    (i) ORGANIZATIONS: Delegates from NGOs and diverse not-for-profit organizations will benefit from the INESSD sponsorship package. These organization(s) can nominate up to three (03) of their members to benefit from the sponsorship package.

    (ii) INDIVIDUALS: It is not necessary to be affiliated to any organization before taking part in the summits(s). The Conference Sponsorship packages are available for individuals that are interested to attend the conference.

    Financial Support Acknowledgement And Sponsoring: It is gratefully acknowledged that the Local Organizing Committee receives financial support from private philanthropists, foundations, banks, and non-governmental organizations for the participation of civil society members from middle and low income countries (World Bank classification). As a result, the INESSD will provide sponsorship for up to three (03) International delegates from selected organizations and individuals in low income countries. However, each delegate is required to pay a registration fee of 290 Euro or its equivalent in United States Dollars or local currency.

    The sponsorship package covers accommodation, travel, access to the conference plenary meetings and parallel sessions, exhibition, Per Diem, meals and refreshment during the conference and a delegate bag with conference documentation. The sponsorship package excludes all other personal demands including medical expenses and recreation after the conference sessions. The INESSD conference committee will assist delegates to acquire Visas and/or any other travelling documents where applicable.

    Registration: Please email the conference organizing committee at: request for the registration form and the late registration modalities. Further information including a detailed timetable with task distribution and materials for discussion will be communicated to you by late November 2009.

    The extended deadline for late registration is on or before Wednesday 10 February, 2010 to ensure timely receipt of registration forms, processing and allotting of sponsorship packages to eligible delegates.

    We encourage NGOs that intend to submit projects for financing from the INESSD to request the Project Guide at the Office of International Relations by Fax at ++1-707-760-4284 or by Email:

    Due to time constraints, interested participants are urged to confirm attendance beforehand. In order to facilitate effective and interactive communication, we require you to provide us with your full contact details including your telephone (office, mobile) and fax number(s) when replying to this invitation.

    While we anticipate your response at your earliest convenience, please do not hesitate to contact us for further information. In the meantime, you are advised to confirm your acceptance of the sponsorship offer.

    We look forward for your participation in the upcoming conference(s). Kind regards,

    Henrietta Lefebvre -Mrs.- (Ph.D)

    Int’l Registration Office

    148 Richmond Street West, Toronto, Ontario, Canada M6H 4L2 Phone: +1-707-659-1571 Fax: +1-707-760-4284 Email: Toronto, Ontario – CANADA