John Maynard Keynes on the post-2015 agenda

In the same spirit of hopeful ideas for a new year as Ben’s excellent post on inequality, herewith some musing of JM Keynes’s about “economic possibilities for our grandchildren“, penned amid the economic Armageddon of 1930.

Keynes took as his timeframe a 100 year period from when he was writing – in other words, what the world might look like 2030. As it happens, this is exactly the same question that governments and others are now looking at in the post-2015 development agenda – so it seems like an apposite moment for a reprise from a man who’s lately been vindicated on a number of other fronts…

I feel sure that with a little more experience we shall use the new-found bounty of nature quite differently from the way in which the rich use it to-day, and will map out for ourselves a plan of life quite otherwise than theirs … What work there still remains to be done will be as widely shared as possible – three hour shifts, or a fifteen-hour week …

We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exalted some of the most distasteful of human qualities into the position of the highest virtues. We shall be able to afford to dare to assess the money-motive at its true value. The love of money as a possession -as distinguished from the love of money as a means to the enjoyments and realities of life -will be recognised for what it is, a somewhat disgusting morbidity, one of those semi-criminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease. All kinds of social customs and economic practices, affecting the distribution of wealth and of economic rewards and penalties, which we now maintain at all costs, however distasteful and unjust they may be in themselves, because they are tremendously useful in promoting the accumulation of capital, we shall then be free, at last, to discard …

I see us free, therefore, to return to some of the most sure and certain principles of religion and traditional virtue-that avarice is a vice, that the exaction of usury is a misdemeanour, and the love of money is detestable, that those walk most truly in the paths of virtue and sane wisdom who take least thought for the morrow. We shall once more value ends above means and prefer the good to the useful. We shall honour those who can teach us how to pluck the hour and the day virtuously and well, the delightful people who are capable of taking direct enjoyment in things, the lilies of the field who toil not, neither do they spin …

I look forward, therefore, in days not so very remote, to the greatest change which has ever occurred in the material environment of life for human beings in the aggregate. But, of course, it will all happen gradually, not as a catastrophe. Indeed, it has already begun. The course of affairs will simply be that there will be ever larger and larger classes and groups of people from whom problems of economic necessity have been practically removed.

The Post-2015 Agenda: 3 thoughts on Latin America, and 1 on the Caribbean

Late last week, New York University’s Center on International Cooperation published A Laboratory for Sustainable Development? Latin America, the Caribbean and the Post-2015 Development Agenda, a report that I co-authored with my CIC colleague, Alejandra Kubitschek-Bujones.

It was commissioned as an input to a retreat for Ambassadors from the Group of Latin American and Caribbean Countries in the United Nations, their negotiators from capitals, and representatives from the UN in the region, along with its companion piece What Happens Now? Taking the Post-2015 Agenda to the Next Stage

While Alejandra is an expert on the region, I am not. So here’s an outsider’s perspective, based on a series of interviews with people from the region who are immersed in the post-2015 agenda, and others who see it within a broader geopolitical context.

1. Latin America has exerted disproportionate influence in the early stages of the post-2015 debate and could play a decisive role over the next two years.

In the run up to Rio+20, Colombia and Guatemala published a joint proposal that put sustainable development goals on the international agenda.  This is a classic example of how countries can drive global policy by articulating ‘big picture’ concepts in a format that creates broad debate. As host of Rio+20, meanwhile, Brazil played an important role in shaping the SDGs, while the current President of the General Assembly is from the region.

Over the next two years, Latin American countries will be the swing vote on many key issues. Whether they drive progress, or hold it back, will have a significant impact on whether or not the UN agrees a worthy replacement to the MDGs.

2. Latin American countries will be most influential if they build on their experiences as ‘laboratories for sustainable development.’

We pretend it’s not – but, at its worst, the post-2015 debate, and sustainable development more generally, is mind-numbingly formulaic and abstract, a tedious litany of phrases intoned by negotiators and various hangers on.

What was striking, talking to Latin American governments, is that many of them have strongly held beliefs about how development should be done differently – in the real world, and at a scale that makes a difference to the lives of large numbers of people. Coming from Europe, where governments are fiddling around the edges and hoping things will get better in a decade’s time, it’s very refreshing to hear Latin America countries argue about which of the many models that coexist in the region has most to offer its people.

By drawing on this diverse and innovative track record, the region’s governments and leaders from civil society and business have a real chance to push the new agenda away from empty language and towards a debate about the concrete policies that are needed at a time when prevailing assumptions about how the global economy works are widely discredited.

3. But the region cannot continue trying to push critical issues to the side of the negotiations.

Most Latin American countries are engaged in a struggle to build the institutions and social structures they need if they are to meet the long-term needs of predominantly urban and increasingly prosperous populations.

But many of its citizens live in conditions of chronic insecurity. Mexico has fewer people than Japan, but while the latter has around 500 murders a year, over 27,000 Mexicans were killed in 2011. You’re ten times more likely to be murdered in Nigeria than the UK, but seventy-six times more likely to be murdered in Honduras! Human security and a broader set of questions of how to build institutions that offer citizens justice and fairness are fundamental to Latin America’s future. There is also an inescapable transboundary dimension, given the role played by organized crime in driving violence and, once again, a ‘laboratory’ of innovative responses, especially in some of the more forward thinking cities.

These issues make some of the region’s governments feel uncomfortable (though others are calling loudly for a post-2015 focus on security and governance challenges), but it’s surely better for the region as a whole to get ahead of this agenda, rather than get stuck in a defensive posture.

4. Caribbean countries could keep the world’s eyes focused on the environment.

The UN is so determined to show that sustainable development is about more than the environment that there’s a good chance the new goals will be heavily skewed away from core environmental challenges.

This is especially problematic for the island states of the Caribbean, which face existential threats from climate change. These countries, along with other small island states, have long been highly influential in the climate process, but are now gearing up to try and make sure the post-2015 framework makes a contribution to environmental sustainability that goes beyond the usual pieties. This is no easy task and will require visionary thinking about what kinds of global goal have the potential to drive change in a way that adds to what is already going on in the international system.

Many of the issues discussed in the paper, as well as the points made above, apply across the Latin American and Caribbean region. However, I believe that Caribbean countries have a unique opportunity to push for a strong – and tangible – regional position on the environment, and then to advocate for it globally. They can also help answer the question of how the post-2015 and current climate negotiations should interact, given that both these processes are intended to finally be agreed at summits for leaders at the end of the same year.

Read the whole paper here.

10 Tips for a Bold & Ambitious Post-2015 Development Agenda

10 Tips for a Bold & Ambitious Post-2015 Development Agenda

Climate negotiations in Warsaw made faltering steps towards a possible 2015 agreement. Trade talks in Bali were salvaged at the last minute. As global negotiations on trade, climate and development reach a crescendo between now and 2015, success or failure to reach agreement will be seen as signals of the future of multilateralism itself.

These talks remain fraught with complexity and technical and political disagreements that have considerable potential to derail agreement. As former chief of staff for the Secretariat of the High Level Panel on the Post-2015 Development Agenda, I know first hand how difficult it will be for these groups to arrive at consensus on the world’s most contentious issues- and how besieged they will feel by the demands of governments and stakeholders from around the world.

A number of lessons we learned from the Panel could improve the prospects for consensus and the ability to put forward recommendations that effectively address the challenges the world will face in the coming decades.

In this new commentary for New York University’s Center on International Cooperation, I outline 10 critical actions. (more…)

A Global Partnership for the post-2015 Agenda

Debate about what new Goals should succeed the Millennium Development Goals after their 2015 deadline is now well underway. But there has so far been much less discussion of another key issue: a new Global Partnership to deliver them.

This is worrying – because although we won’t know the full list of new Goals for another two years, it already seems clear that we’re heading for a much more ambitious set of objectives than the Millennium Development Goals. There’s a real risk of a mismatch between the ‘what’ and the ‘how’ of post-2015, if governments agree an ambitious, universal set of Goals, but fail to commit to a credible action plan for making them happen.

Against this backdrop, I’ve just finished a Center on International Cooperation report (full pdf available here, and 8 page policy brief here) that sets out to explore both what kind of a Global Partnership is needed, and which elements of it look feasible for agreement in the current political context.

The report starts with an assessment of which countries want what from post-2015, and of what sort of goals the new Global Partnership may have to deliver, before setting out analysis and policy options of two key areas: financing, in the broadest sense, and the wider sustainable development agenda (encompassing areas like trade, migration, sustainability, technology, data, and global governance reform).

It also sets out a 10 point ‘early harvest’ plan of measures that could – at a stretch – be agreed over the next two to three years, and which have the potential to act as confidence building measures that might, with luck, start to catalyse more momentum and trust in an agenda that badly needs more of both.

How to defuse the twin climate finance / post-2015 finance for development timebombs (updated)

Whether it’s at the climate summit currently underway in Warsaw (from where I’m writing this post) or at two key meetings happening in NYC next month on the post-2015 agenda, financing is one of the issues furrowing most brows.

Right now, progress in both places is stalled. Promises of $100 billion a year by 2020 under the Green Climate Fund are starting to look like a bad joke – especially to the least developed countries (LDCs) who most urgently need help to adapt to climate impacts.

Aid flows, meanwhile, have actually been declining for the last two yeas, rather than rising towards the 0.7% target. And they’re falling fastest for LDCs: while bilateral aid as a whole fell by 4% last year, it fell by 12.8% for them.

Nor does it look likely that rich countries are about to put big new pledges of cash on the table any time soon, what with weak growth, high unemployment, and fiscal pressures – despite the crucial 2015 deadlines on both climate and development. Yet if they fail to do so, it could toxify the dynamics on both issues – and contribute to an outcome where the climate and development ‘tribes’ perceive themselves to be fighting over the same pot of cash rather than working together on a shared agenda.

Is there any way to defuse this ticking timebomb? Well, there might be. (more…)