By Sébastien Nkoa Ayissi, OP, Cameroonian economist, banker, and student of Theology at the Catholic University of East Africa in Nairobi, Kenya, and SNDatUN delegate to the Third International Conference on Financing for Development
“The Financing for Development Conference which will take place this month in Addis Ababa inspires great hope in me as I consider the quality (Heads of State) and the quantity (constituents in society) of the members taking part in different panels. Important decisions will be made affecting the direction of Sustainable Development Goals for the planet. Since I myself come from a country classified as ‘less developed’, I have long been an advocate for all people to take responsibility for all persons living on our planet. The conference offers me an opportunity to be the voice of the voiceless so that their voices can be heard.
For these reasons I am focusing on the following questions: 1) national public finance, given that basic development rests on healthy and proper management of public goods; 2) entrepreneurship and private national and international finance, because of their interconnection. Member States need to develop a regulatory framework which promotes private sector initiatives favoring the marginalized and those excluded from the system. International public finance is a particular interest of mine because of the role it plays in the systemic failures as seen in the financial crisis of 2007-08; this points to the need for change from the top because of its impact on the bottom.”