The Faculty of Economics and Business, Universitas Indonesia (FEB UI) and the T20 Task Force 5 (TF5) team, in collaboration with the University of Oxford’s Oxford Poverty and Human Development Initiative (OPHI), are hosting a culminative Side Event, which acts as the final and concluding forum of a series of discussions led by the T20’s Task Force 5, on solutions and policy recommendations to the challenges G20 nations are facing with regard to poverty, inequality, human capital and wellbeing.
This concluding side-event seeks to become a knowledge sharing platform, where governments can learn from distinguished academics and leaders in the field of poverty research, in order to find solutions to the challenges the world is facing in the midst of COVID-19. Within this discussion forum, we wish to learn from and be inspired by the extensive experience of our academic guest speakers in incorporating the pivotal Capability Approach, within policy, through the use of multidimensional poverty measurement. Particularly in the midst of COVID-19, where more and more people have become vulnerable to a multitude of deep deprivations, policy makers must not solely base solutions on how much people consume, however, crucially need to evaluate poverty and wellbeing, on the beings and doings that people value and have the chance to enjoy.
This side-event will start with a dialogue with Professor Amartya Sen on the Capability Approach and its applications within policies which aim to address the challenges we are facing in the midst of COVID-19. This session seeks to gather advice and insights from Professor Sen to guide G20 nations on policies which support sustainable and equitable recovery in the aftermath of the pandemic.
This dialogue will be followed by two Keynote Consultative Dialogues. The first seeks to highlight advice from Her Excellency Dr Sri Mulyani Indrawati (Minister of Finance, Indonesia), Dr Teguh Dartanto (Dean of FEB UI and Key Expert in Poverty Research), Dr Asep Suryahadi (Lead Co-Chair of Task Force 5) and Oxford’s Sabina Alkire, on how Multidimensional Poverty measurement can be incorporated into policy. The second Keynote Dialogue highlights guidance from key policy practitioners and leaders of T20; Professor Suahasil Nazara (Deputy Finance Minister, Republic of Indonesia), Professor Bambang Brodjonegoro (Lead Co-Chair of T20), Dr M. Chatib Basri (Lead Co-Chair T20 Task Force 7), alongside key poverty experts, Dr Sudarno Sumarto (SMERU, TNP2K) and Professor James Foster (George Washington University), on poverty alleviation and economic recovery in the midst of COVID-19.
The primary aim of these keynote dialogues is to inform core leaders within the G20 of the importance of broadening our measurement framework, when it comes to poverty, in order to fully capture how the pandemic has affected our lives.
These consultative dialogues will kick-start a series of panel discussions, which aim to highlight research and policy work on multidimensional poverty and inequality, presented by researchers and scientists based in G20 nations.