0:00:00 | i'm here with peter draper from south africa he's a senior research fellow at the |
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0:00:05 | south african institute of international affairs well come at the german development institute |
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0:00:11 | peter |
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0:00:12 | what you see as the major contribution of the program managing global governance which is |
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0:00:17 | implemented jointly by the german development institute and g i's that |
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0:00:23 | what i think one has to start from the standpoint that the developing countries in |
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0:00:26 | the g twenty now |
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0:00:28 | all relatively new participants and managing global economic evidence so if one contrasted with the |
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0:00:34 | g seven the g eight minutes various incarnations before that is a lot of institutional |
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0:00:40 | experience expertise knowledge et cetera and knowledge of how to run the global system |
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0:00:46 | where is these developing countries a relatively new and inexperienced so i think these significant |
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0:00:51 | contribution that this program acts used at a key individuals out of these countries and |
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0:00:56 | you miss them in that habits of thought best practises et cetera |
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0:01:01 | and then that's people go back to the countries obviously and in part that knowledge |
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0:01:04 | and expertise so i think it's a building process but it's a fundamental building |
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0:01:12 | today you're giving a public lecture at the german development institute on sub saharan africa |
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0:01:17 | and g twenty responses to the global financial crisis |
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0:01:21 | in your view what is the contribution of the g twenty two economic development in |
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0:01:26 | sub saharan africa |
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0:01:30 | this no short answer to that question that the subtitle up to talk is first |
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0:01:34 | do no harm |
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0:01:36 | and essentially the purpose of the paper is to say that the |
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0:01:40 | the thoughts and the product policies outlined in last year's soul consensus |
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0:01:46 | on paper or a very good building block and the right policy initially to a |
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0:01:51 | place and are referred to |
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0:01:53 | our concern however is with the political rhetoric and the political |
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0:01:58 | dynamic set on the light implementation of those a good intention shall we say |
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0:02:04 | so if it if the politics assumes a bad course and if countries resort to |
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0:02:09 | make and list actions trait protection particularly |
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0:02:14 | karen ct evaluations et cetera |
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0:02:16 | then the impact some sub saharan africa which of course is the poorest of the |
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0:02:20 | poor a likely to be pretty severe |
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0:02:22 | so are essentially what we saying is first you know how so you have a |
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0:02:26 | good policy document implement what is in the policy document |
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0:02:30 | and don't resort to make and list actions |
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0:02:34 | finally what is the role of emerging powers like south africa in this respect |
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0:02:40 | so the africa is any managing middle however so it if you like it has |
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0:02:46 | its feature to will sit |
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0:02:48 | is the key bridge to the developed world it is also a key bridge to |
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0:02:52 | developing countries but particularly african developed countries |
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0:02:56 | so the it is a key voice for a form of the global governance system |
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0:03:00 | it can but participate in those debates and listen to |
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0:03:04 | many other african countries that also want to have a voice but are not represented |
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0:03:09 | and that's essentially what the cell definite government tries to do represents its own interests |
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0:03:13 | south africa has a strong financial sector for example |
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0:03:17 | and has interest in financial sector reforms and wants to shape and the extent that |
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0:03:21 | it can |
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0:03:23 | but also it wants to represent african interesting reform of the international monetary fund for |
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0:03:28 | example and of the multilateral institutions |
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0:03:32 | peter draper thank you so much for joining us today here at the german development |
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0:03:37 | institute in bonn |
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