Macroeconomic policy questions (including international trade, international financial system and external debt sustainability) and infrastructure development
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On the cluster of Sustained and inclusive economic growth, macroeconomic policy questions (including international trade, international financial system and external debt sustainability), infrastructure development and industrialization, several speakers highlighted that Economic growth and economic development are not synonymous, and inequality can be a barrier for growth. Many raised the importance of redistribution as the most effective way to poverty eradication and sustainable development. Tackling inequality was proposed as a theme for a stand-alone SDG and also as an underlying principle for other themes and targets.

The role of the state in macroeconomic governance should be thought through when discussing the SDGs. Many speakers argued that the state should take a more proactive role and mentioned that finance should serve the economy not drive it. The need for adequate policy space was highlighted in order to make sure that states can flexibly react to the needs of their citizens and the environment. Likewise the importance of honoring existing commitments.

Macroeconomic policies cannot be looked at as a separate issue from social policies, and in this regard several speakers mentioned the need to take into account gender specific implications. One example concerned the austerity policies following the financial crisis in several countries that sometimes impose additional informal care work on women who in turn cannot fully participate in the work force.

The SDGs should help countries to shift away from the prevalent "race to the bottom" paradigm in which efforts to attract foreign direct investments result in lowered tax revenues, weakened environmental and labour requirements, and human rights violations.

(Excerpt from Co-Chair's meetings with the Major Groups and other Stakeholders)
Steering Committee
Name Organization
Akhteruzzaman Sano Save the Earth Cambodia
Germaine Price NGO Committee on Financing for Development
Celine Paramunda Financing For Development
Louise Kantrow OP Business & Industry
Nicole Bidegain Women's Major Group
Matt SIMONDS OP Trade Unions
Sascha Gabizon OP Women
Galina Angarova OP Indigenous
Aashish Khullar Pax Romana- Children and Youth Major Group
Jean Saldanha Secretariat of CIDSE
Members & Contributors
Name Organization
Aldo CaliariCenter of Concern
Alice TippingInternational Centre for Trade and Sustainable Development (ICTSD)
April AlconisCampaign for People's Goals for Sustainable Development
Carlos MarentesLA VIA CAMPESINA - International Peasant Movement
Celine ParamundaSociety of Catholic Medical Missionaries
Ivan Phell EnrileIbon International
Jessie Lydia HenshawCommons Cluster
Leida Rijnhout Northern Alliance for Sustainability (ANPED)
Matt SIMONDSTrade Union Advisory Committee (TUAC)
Matthew Reading SmithStakeholder Forum
Miroslav PolzerInternational Association for the Advancement of Innovative Approaches to Global Challenges (IAAI)
Ola GoranssonUnited Nations Department of Economic and Social Affairs (UNDESA)
Papy BulembiLe Groupe de Recherche - Action pour le Developpement Integral
Pooja ParvatiWada Na Todo Abhiyan
raja afaq ahmed khanMuzaffarabad Poverty Alleviation Programme
Sascha GabizonWomen in Europe for a Common Future (WECF)
Sunwoo KangEnvironmental Partnership Council
Susan AlznerUnited Nations Non-Governmental Liaison Service (UN NGLS)
Contributions

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