This policy calls for adoption of a new Charter of Economic Rights and Duties of States, updated to reflect 21st-century realities of inequality, climate change, and digital governance. The design enshrines States’ rights to regulate capital, manage natural resources, protect policy space, and pursue post-growth strategies, while balancing these rights with obligations to uphold human rights and ecological sustainability.
The goal is to establish a normative framework legitimising alternative economic models and strengthening sovereignty against exploitative global rules.
Implementation requires adoption at the UN General Assembly, integration into UNCTAD and G77 platforms, and alignment with existing human rights treaties.
This policy is desirable because it provides legal legitimacy and political momentum for countries seeking to prioritise poverty eradication and sustainability over growth-centric globalisation, strengthening the collective voice of the Global South in international law.
