New Global Partnership for Development

Transcription

1 New Global Partnership for Development Africa s Wealth Creation and Retention Strategy (AWCRS) The Strategy based on Rebalancing Wealth Management Structure aims at making globalization opportunities trump globalization risks. It aims at making globalization become the key to prosperity, stability and peace to all citizens of the Global Village. Subregional Office for West Africa United Nations Economic Commission for Africa Abdoulaye Niang, Director 1/30/2009 Page 1

2 Table 1: New Global Partnership for Development Wisdom In areas where changes are needed, most of the road map to the goal is in place with few crucial pieces still missing. We focus on rethinking development process to finding missing pieces: 1. Objective realized and attained under the Old Global Partnership for Development: a. Globalized economy b. Global Village with perfect connectedness and interdependency c. Global economic growth generates global wealth = sum of the wealth of us in the global Village 2. Governance Structures did not follow to better manage globalization at maturity 3. SRO-WA/ECA provided the compass to move smoothly from the Old to New Global Partnership for Development Global Crisis 1. Globalization offering more risk and less opportunities 2. Opportunities of globalization to become key to prosperity, stability and peace to all Global Citizens threatened under a misguided Stimulus Strategy Page 2

3 3. Knowledge Crisis with failure to generate the right globalization policy and globalization institutions 4. Golden Crisis to realize the potential of Africa as an economic powerhouse with a voice that counts 5. Painful transitional period Anticipation Shock Strategy 1. Cotton/Bazin 2. High Level Meeting 3. Public Forum 4. Promoting knowledge-based revolution over violent-based revolution The Real Challenge Meeting the Challenge How do we harness collective will and promote a shared determination to move ahead boldly on the mapped road with the found pieces? 1. Leadership Development Programme 2. Media Capacity Building Initiative 3. Partnership Arrangement with Africable and other Media Inaction 1. Social tensions 2. Political uncertainties Page 3

4 Shared understanding of Globalized economy Global Goal Development 3. Possible security risks with the Hut burning risking to burn all the Village 1. Global economic growth recorded in a region generates global wealth that is the sum of the wealth all of us in the Global Village 2. Complex decision-making process in the global commodity chain 3. Myriad of economic and social agents in the value-adding activities in the global commodity chain 4. Risk spread over a large area Rethink global development process to always find the crucial pieces still missing to optimize global economic growth creation to result in public and private wealth accumulation with: 1. At least 15 percent of households in highest bracket of wealth accumulation 2. At least 75 percent of households with adequate wealth accumulation to form the middle class 3. At most 10 percent of households in the lowest bracket of wealth accumulation Shared Vision under mature globalization (2008) 1. Region as union of States networked around their economies and markets 2. Global Village as union of Regions networked around their economies and markets Page 4

5 Global Safety 1 st Standard Public-Private Trade and Investment Partnership 1. Partnership Quality a. Smart at local, national and regional levels b. Strategic between regions c. Responsible at the level of Global Village 2. 3-in-1 Seat Module Stool to delivering as one Understanding the Determinants of Partnership a. Leaders of 3 groups of actors: leaders from political parties, business communities and civil society groups to build capable, accountable and receptive State b. 3 groups of investors: African groups of investors, Foreign groups of investors owners of the Strategic Partnering Transnational Corporation and Foreign groups of investors as members of the Pool of Transnational Corporations c. 3 types of enterprises forming the co-enterprise: African Transnational Corporation, Foreign Transnational Corporation/Strategic Partner and Pool of Foreign Transnational Corporations 3. Inclusive and shared leadership among the leaders from political parties in government and organized opposition, leaders from business communities and leaders from civil society groups at local, national, regional and global levels to make the three groups of actors delivering Page 5

6 as one in making development effective through building capable, accountable and responsive States and making and ensuring that regionalization and globalization are effective 4. Restoring confidence and generating and sustaining trust, the glue to: a. Bind commitment b. Promote action, and c. Produce results and changes. 5. Committing and promoting a shared determination for each leader to strive for its leadership potential and each to perform, in partnership, its leadership task to make the three groups of actors to delivering as one on the mapped road. Strategic Orientation Rebalancing Wealth Management Structure to meeting Global Safety 1 st Standard in Partnership Page 6

7 Conceptual Framework Public-Private Partnership build around managing trade and investment in the equation Logical Framework 1. Africa s Wealth Creation and Retention Strategy to ensure Global Stability in wealth management: a. Concept of co-enterprise with 3-in-1 Seat Module Stool i. African Transnational Corporation ii. Strategic Partner/Foreign Transnational Corporation iii. Pool Foreign Transnational Corporations b. Globalized Capital Liberation Scheme with Wealth Retention Capacities i. Natural Resources Co-enterprise: 40 + /30 - /30 - Page 7

8 ii. Manufacturing Co-enterprise: 60 + /30 - /10 + iii. Service Co-enterprise: 60 + /30 - /10 + c. Three-legged Stool Model i. Leg 1: Governance System ii. Leg 2: Strategic Business Management Arrangement iii. Leg 3: Strategic Communication Programme 2. Stimulus Strategy to ensure Global Security in Global Wealth Management a. Sustainable Business Model based on 4S: i. Economic Security ii. Capital Security iii. Financial Security iv. Human and Social Security b. Develop stimulus measures and packages based on cost-sharing arrangement for economic infrastructures development to harness investment and markets opportunities and exploit natural resources regional or global in scope and scale Page 8

9 c. Maintain development effective i. State capable of promoting global wealth development capacity within border to enhance regional wealth retention capacity with adequate public and private wealth accumulation capacity ii. State accountable to sustainable business requirements iii. State responsive to business and social demand d. Maintain regionalization effective i. Regional economic interdependence of 60 percent ii. Development of a State more dependent on regional economic and fiscal bootstraps iii. Fiscal regionalism with proceeds to provide stimulus and promise packages and measures and regional and global institutions e. Maintain globalization effective i. Globalization the key to prosperity, stability and peace ii. Global economic growth generates global wealth, the sum of the wealth of us all Page 9

10 3. Promise Strategy to ensure prosperity, stability and peace in the Global Village a. Maintain trusted relationship at local, national, regional and global levels b. Maintain smart, strategic and responsible partnership in managing trade and investment c. Maintain leadership inclusive and shared d. Minimize risk of War for Wealth of local, national, regional and global scale e. Hold on promise measures and packages to ensure: i. Global Safety 1 st Standard ii. Global Security iii. Global Stability f. Hold on commitment: i. Genuine promise packages for the 10 percent of households and individuals in the lowest wealth accumulation capacity Page 10

11 while preserving their dignity ii. Genuine promise measures to make inclusive the participation of natural resources producing communities in the globalized capital of targeted co-enterprises g. Avert Global Wealth War Regulatory Framework and Instrument Harnessing collective will and promoting a shared determination to move ahead boldly on mapped road 1. Regional Rebalancing Act 2. Africa s Wealth Retention Capacities 3. Regional and Global Economic Security Council 1. Leadership Development Programme a. Promoting a new breed of leaders, entrepreneurs and investors in businesses i. Public Forum ii. Commodity-based Business Forum b. Promoting a new breed of creators of new ideas c. Harnessing the minds, skills and entrepreneurship for each leader to strive for its leadership potential and for each to perform its leadership task Page 11

12 d. Promote the social, cultural and moral values: knowledge, attitude, hardwork and Love of God e. Harness regional and global integration institutions and resources 2. Media Capacity Building Initiative to: a. Generate relevant information and reactions through conferencedebate with the media, the general public and specific interest groups b. Share knowledge and expand the leadership and ownership base of the Strategy c. Help move from new ideas to action d. Promote Knowledge-based Revolution over Violent-based Revolution 3. Partnership Arrangement for Advocacy with Africable and other Selected Media Programming Framework/ Institutional Framework 1. Economic Security Summit a. Regional Economic Security Programme to ensure optimal contribution of each region to global economic growth creation b. Global Economic Security Programme to ensure that globalization Page 12

13 is key to prosperity, stability and peace in the Global Village 2. New generation of Globalization Institutions a. Regional Integration Institutions i. Forum of Regional Integration Institutions (sectoral included) ii. Forum of Regional Business Communities iii. Forum of Regional Civil Society Groups iv. Regional Parliament v. Regional Council of Economic Security b. Global Integration Institutions Performance Indicators Wealth Accumulation Index 1. Measure Public Wealth Accumulation at local, national, regional and global levels 2. Measure Private Wealth Accumulation at household and individual levels Warning and Red Flagging Wealth Rebalancing Act Warning 1. Send warning notice of violation of partnership agreement 2. Show Stool in actual position Page 13

14 3. Call including through pacific protest to bring the Stool in stability position Motto Act Now with No Time to Waste 1. Food Security Sector: strategic commodity of rice 2. Energy Security Sector: strategic commodity of uranium-based energy 3. Generalization of co-enterprises with tipping point in 2010 for Africa s Economic Security Programme : thousands and thousands of coenterprises covering all sectors Yes We Can Change Yes We Will Change 1. Move Africa from a potentially economic power to an economic power with a voice that counts under the New Global Partnership for Development 2. Ensure First West African Economic Security Summit in three weeks (March 2009) Page 14