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The World Council of Churches (WCC) is among signatories on a joint letter to H.E. Sri Narendra Modi—prime minister of the Republic of India and chair of the Group of Twenty (G20)—which urges G20 leaders to adopt a New International Financial and Economic Architecture.

Participants of the United Nations Economic and Social Council Financing for Development Forum and representatives from the World Council of Churches (WCC), the World Communion of Reformed Churches, the World Methodist Council, the Lutheran World Federation, and the Council for World Mission convened in New York to discuss the converging food, fuel, and debt crises and their impacts on vulnerable communities.

During a webinar organized through the New International Financial and Economic Architecture initiative (NIFEA), they spoke on the collusion of capitalism, colonialism, and Christianity, and shared how indigenous communities are well-suited to lead the ecumenical movement in seeking alternatives to the world’s death-dealing systems.

Ten years after the near-collapse of the world’s economy, what has changed? Not much, says the WCC, and certainly not enough.

WCC deputy general secretary Prof. Dr Isabel Apawo Phiri presented at the ReDI Conference, held 12-14 September at the headquarters of Diakonie Deutschland in Berlin.

The 3rd meeting of the Ecumenical Panel on a New International Financial and Economic Architecture (NIFEA) took place on 21-22 April in New York City to coincide with the United Nations 3rd Economic and Social Council Forum on Financing for Development on 23-26 April.

The third meeting of the Ecumenical Panel on a New International Financial and Economic Architecture (NIFEA) is underway in New York City from 21-23 April.

“As a professor of economics and economic ethics with a theological background, and as dean of the GEM school, I can say that pluralistic economics – getting new prominence as an international student initiative – is an attempt to challenge neo-liberal monolithic economics. It is time for new thinking about economics”, stated Prof. Martin Büscher, first chair for economics and business ethics at the Institute for Diakonia and Management at the Protestant University of Wuppertal/Bethel, Germany, at the conclusion of the Governance, Economics and Management School held in Hong Kong on 22 August-2 September.

The globalization of the world economy has not been an even process, and in many ways governance for the protection of capital has overtaken governance for the protection of human well-being. A recent Ecumenical School on Governance, Economics and Management for an Economy of Life addressed this very asymmetry.