IMF & World Bank Annual Meetings delegate Sarah-Joy Pierce featured in both CQU and QUT publications

Sarah attended the 2016 IMF and World Bank Annual Meetings in Washington DC, representing QUT Business School.

She wrote an editorial published on the QUT website and you can read it here or by copying the following URL into your browser: http://blogs.qut.edu.au/business-student-experience/2016/11/08/my-global-voices-lesson-the-importance-of-communication/ 

Sarah wrote another article published by Central Queensland University (CQU) entitled, "The five things you can expect as a Global Voices Delegate". You can read her editorial here or by copying the following URL into your browser: https://cqunilife.com/2016/11/01/global-voices-inside-the-experience/

University of South Australia Students Kyle Reeve and Almira De Vera featured in the UniSA News

Kyle Reeve and Almira De Vera have been selected to attend our Semester Two Delegations for 2016, representing the University of South Australia, and the pair have been proudly featured in the UniSA news. Kyle Reeve, who is studying social work and international relations, will head to the United Nations Commission on the Status of Women in New York, while law student Almira De Vera just recently attended the World Bank and IMF Annual Meetings in Washington DC.

The article can be found here or you can paste the following URL into your browser: http://w3.unisa.edu.au/unisanews/2016/October/story12.asp

Kyle Reeve and Almira De Vera in Canberra for pre departure sessions, as pictured in UniSA news.

Kyle Reeve and Almira De Vera in Canberra for pre departure sessions, as pictured in UniSA news.

IMF and World Bank Group Annual Meetings: Final Day Wrap-up

IMF and World Bank Group Annual Meetings: Final Day Wrap-up

By Tony Chen

Tony is studying a Bachelor of Commerce at the University of Melbourne, Faculty of Business and Economics

Our final day in Washington DC marked the perfect end to a truly unique experience. The previous night we attended the Civil Society Organisations Round Table with President of the World Bank, Jim Yong Kim and Managing Director of the IMF, Christine Lagarde. During the event Almira De Vera, a delegate from the University of South Australia, met Mike Russell, a cyber security expert from the US State Department, who very graciously offered to show her and the group around the State Department building on the final day.

The equivalent of Australia’s DFAT, the huge Harry S. Truman State Department building sits in the Foggy Bottom suburb of DC – about a 10 minute walk from the White House and World Bank HQ. Kindly spending the entire morning with us, Mike facilitated a tour of the building’s highlights, beginning with the entrance foyer that houses over 100 international flags – one for every embassy of the United States.

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IMF and World Bank Annual Meetings: Day 3 Wrap Up

By Susan Deng, UNSW Co-op Scholar

As of now, we are officially past the half way point of this Washington D.C. whirlwind!

We started off the day with our first meeting at the World Bank with Mr Jason Allford. Jason is the Alternate Executive Director to the World Bank and represents the interests of Australia, New Zealand, Korea, Cambodia, Mongolia and ten other small Pacific nations. We were also joined by Jason's advisor, Mark Tattersall, and Nick Plummer from Treasury. Together they provided fascinating insight into a wide range of topics, and it was nice to relax amongst Australian company.

Jason cited challenges in representing such a large constituency, giving the example of climate change and the need to represent Australia's domestic view of the issue, as well as the interests of Pacific Islands in the adaptation stage of climate change. It was interesting to hear Jason’s views on some issues we’d discussed throughout the week and in Canberra. Jason spoke about the importance of developing a pipeline of women equipped to succeed leadership positions in the future, echoing a sentiment expressed by the Australian executive to the World Bank, as well as our Gender meetings in Canberra. He also agreed upon the need to innovate and the power of new ideas. However, he gave us an economist’s perspective, citing the immediate economic development benefits from investing in physical capital (e.g. schools and roads), and suggesting the private sector as a better channel for innovation.

Another noteworthy event of the day was attending the Technology, Innovation and Inclusive Growth panel discussion, moderated by Christine Lagarde. Lagarde proved to be a dynamic and vibrant moderator, and the panel of successful innovators and social entrepreneurs gave much practical insight into the role of technology in economic development. The discussion culminated in the panelists offering advice to the IMF on the issue. They cited the value of shifting investment focus from the private sector into social entrepreneurship and creating jobs for communities at the lowest levels of poverty. They also advocated for investing in youth, and the need to recognise digital finance as the lifeblood of powering local economies.

The day culminated in the Civil Society Organisation (CSO) town hall with Christine Lagarde and Dr. Jim Yong Kim. My favourite quote from the event was by Dr Kim who said, "You do not end extreme poverty by being ideological.” After three days of policy discussion, I felt there was an occasional tendency towards lengthy discussion about the magnitude of the issue of poverty, rather than tangible implementable solutions. This is why I appreciated the assertiveness shown by Dr Kim in emphasising the need to develop the best solutions for poverty, even if that involves engaging the private sector in traditional public sector domains such as funding infrastructure. 

It was a busy day all up, but I felt that we gained a lot from our meetings and sessions. Stay tuned for our adventures on the last two days of D.C. meetings!

IMF and World Bank Group Annual Meetings: Day Two Wrap-up

By Dominic Rose, Sir Walter Murdoch School of Public Policy and International Affairs

Delegates pose for a photo in front of the World Bank Group HQ. (L-R) Sarah-Joy Pierce (QUT Business School), Tony Chen (University of Melbourne, Faculty of Business and Economics), Tom Perfrement (UNSW Co-op Scholar), Susan Deng (UNSW Co-op Scholar) and Almira De Vera (University of South Australia).

Delegates pose for a photo in front of the World Bank Group HQ. (L-R) Sarah-Joy Pierce (QUT Business School), Tony Chen (University of Melbourne, Faculty of Business and Economics), Tom Perfrement (UNSW Co-op Scholar), Susan Deng (UNSW Co-op Scholar) and Almira De Vera (University of South Australia).

Today was our first official day at the IMF and World Bank Group Annual Meetings. Joining Civil Society Organisation representatives (CSO) from around the world, we attended a comprehensive orientation from the World Bank Civil Society Team and representatives from the World Bank groups. We heard about how the International Bank for Reconstruction and Development and the International Development Association provides loans to mid and low-income countries to eliminate extreme poverty by 2030. Speakers from the International Finance Corporation and the Multilateral Investment Guarantee Agency discussed private sector involvement in development - a prominent feature of the Meetings, and one I hope is critically engaged during the week.
 
The speakers I found most interesting were those within the accountability groups of the Bank. I gained a new insight into the avenues available to local communities to challenge projects they feel are negatively impacting on them. This includes the investigation and disbarrment processes of the Integrity Vice Presidency and the capacity for community complaints through the Office of the Compliance Advisor Ombudsman and Inspection Panel. Audience discussion focused on these groups and their activities, with an acknowledgement from many panelists that more can be done to raise awareness of the support they can provide.
 
CSO's led the second session of the morning with a discussion from Lindsay Coates, President of the US organisation InterAction. The discussion wasn't as sugar coated as I was expecting. The speakers acknowledged there is a real disconnect between Washington and the realities of program delivery on the ground. The change isn't going to happen in one meeting or overnight, and that more often than not CSOs need to take direct action to prosecute their case. It was great to hear stories from representatives from Iraq, Laos and Sudan explain how they have attempted, successfully and unsuccessfully, to work with the World Bank, their Government's and fellow CSOs.
 
In the afternoon we sat down with Mr. Matt Goodman from the Centre for Strategic and International Studies. Matt's experience across Japan and the Asia Pacific meant we could pick his brain about a variety topics, including the upcoming US elections, the prospects of the Japanese economy, and the work of the think-tank generally. CSIS' analysis of current US policy in the Asia-Pacific will be released on their website in the coming weeks and I would strongly recommend you read it.

Our final session was a CSO round-table with the Executive Directors of the World Bank. CSO representatives posed questions on everything from water privatisation, local government capacity building, social and environmental benchmarks, transparency and accountability in local projects. The round-table only went for an hour but could have easily gone all night.

Reflecting on the day, there are two major takeaways.

Firstly, the level of criticism leveled at the World Bank and IMF. I'm not sure why, but I expected there to be a cosier relationship between the CSOs and the World Bank/IMF. Instead I witnessed a real willingness to question operations and priorities, and I think this will lead to some interesting discussions over the coming days.

Secondly, I was very conscious of the lack of young people attending the event. Even as one of the older Global Voices delegates, I noticed I was often one of the youngest people in the room. The majority of speakers were of older generations and I think getting more young people to these meetings will be crucial for future success.

So all up a big first day. Looking forward to a couple of sessions over the next couple of days on labour rights and the governance gap. If you are ever in DC make sure you grab the fried catfish at Oohs and Ahhs in U Street (don't eat lunch - you'll make up for it no trouble).

IMF and World Bank Group Annual Meetings: Day One Wrap-up

The official meeting agenda begins Tuesday so delegates had the opportunity to attend small one-on-one meetings arranged by the Global Voices Executive Team.

The Atlantic Council

The day kicked-off at the Atlantic Council HQ with a round-table discussion between Global Voices delegates and the Director of the Millennium Leadership Program Jonathan Silverthorne and Program Assistant Molly Murry. The Atlantic Council is a foreign affairs think-tank, formed after World War Two to facilitate cooperation between the United States and Europe. The Council is a preeminent forum in which private, public and academic sectors can come together to discuss and offer solutions to global issues.

(Left to right) Susan Deng (UNSW Co-op Scholar), Tom Perfrement (UNSW Co-op Scholar), Almira De Vera (University of South Australia), Dominic Rose (Sir Walter School of Public Policy and International Affairs), Tony Chen (University of Melbourne, Faculty of Business and Economics), Sarah-Joy Pierce (QUT Business School).

(Left to right) Susan Deng (UNSW Co-op Scholar), Tom Perfrement (UNSW Co-op Scholar), Almira De Vera (University of South Australia), Dominic Rose (Sir Walter School of Public Policy and International Affairs), Tony Chen (University of Melbourne, Faculty of Business and Economics), Sarah-Joy Pierce (QUT Business School).

Prior to joining the Atlantic Council Jonathan worked at the US Department of Homeland Security and as a campaigner for President Barack Obama. The Millennium Leadership Program allows people aged thirty-five and under to engage meaningfully with foreign policy, build their networks and work with world leaders.

Jonathan’s extensive knowledge across a number of intersecting policy areas facilitated a a conversational style session with topics including; the role of public private partnerships (PPPs); building trust in multilateral institutions; the role of big data in engaging citizens in policy decision making; the importance of authentic and genuine messaging when communicating complex policy ideas; and the role of the United States as a global peace keeper.

The delegates then joined the Atlantic Council staff and civil society groups for an exclusive panel discussion; ‘Banding Together: How the World Bank, the Humanitarian Community, and the Private Sector are Linking Up Strategies to Support Refugees and Promote Community Resilience’. The panel included World Bank US Executive Director Dr. Matthew T. McGuire, United States Institute of Peace Associate Vice President Manal Omar, and Entrepreneur and Author Christopher Schroeder. Needless to say the experience at the Atlantic Council has set an incredibly high bar for the rest of the week!

Barry Sterland: Executive Director of the IMF Board

In the afternoon delegates met with Mr. Sterland, Australia’s Executive Director for the IMF Board. Mr. Sterland represents a number of nations for the Asia-Pacific region including Korea, Mongolia, New Zealand, Papua New Guinea, Samoa and Vanuatu. He was previously the Deputy Secretary in Treasury and Australia’s G20 Finance Deputy during Australia’s G20 Presidency.

(L-R) Dominic Rose (Sir Walter Murdoch School of Public Policy and International Affairs) Almira De Vera (University of South Australia), Susan Deng (UNSW Co-op Scholar), Mr Barry Sterland (IMF Executive Director), Sarah-Joy Pierce (QUT Business School), Tom Perfrement (UNSW Co-op Scholar), Tony Chen (University of Melbourne, Faculty of Business and Economics)

(L-R) Dominic Rose (Sir Walter Murdoch School of Public Policy and International Affairs) Almira De Vera (University of South Australia), Susan Deng (UNSW Co-op Scholar), Mr Barry Sterland (IMF Executive Director), Sarah-Joy Pierce (QUT Business School), Tom Perfrement (UNSW Co-op Scholar), Tony Chen (University of Melbourne, Faculty of Business and Economics)

The session covered a number of topics, including Mr. Sterland’s own career as many of our delegates expressed an interest in pursuing a similar path! We also discussed gender diversity in the IMF and Mr. Sterland’s collaboration with the representative from Zambia in leading a commitment for more female Executive Directors on the IMF board. Delegates also posed questions about the growing role of the Asia-Pacific in the World Bank Group and bolstering of supervision mechanisms as financial systems become increasingly sophisticated and complex.

Canadians for dinner

The day ended in Georgetown with a get together over tacos and nachos with the Young Diplomats of Canada. This informal meal was a great opportunity to meet to other like-minded individuals with an interest in foreign policy and changing the world for the better! 

Delegates with the Young Diplomats of Canada

Delegates with the Young Diplomats of Canada