Building New Social Contracts: - An Overview of Participatory Mechanisms for Economic Governance

for economic reform? But economic reform is not just a set of policies; it A new social contract not only requires a is also transitional, the ‘how’ of moving from one reconfiguration of the rights and duties of care to set of economic arrangements to another, and the ‘why’ of stopping or continuing to adjust when secure the wellbeing of people and the planet, it society gets there. [...] Some of the most iconic green new deals – such as the green deals forged in Europe and the US – the EU Green Deal and the Inflation Reduction Act, have been hailed as a symbol of hope, a catalyst for economic reform and the starting point of societal projects – new social contracts centred on economy, ecology and social justice. [...] informal workers, refugee communities and others engaged and brought into processes? Is The People’s Assembly – Global Call to Action the language and style of engagement inclusive Against Poverty, the Global Assembly to Address and empowering? Are we rebuilding a social the Climate and Ecological Crisis and the People’s contract with nature? Are there opportunities for Charter for an Eco-Social W. [...] engagement and deliberation on economic The multiple, escalating and interconnected reform is among the next frontiers for expansion social and ecological crises cannot be tackled of the deliberative wave, boosting the agenda of alone, because they all arise from the same engaging people in economic governance and underlying problem: the rules that govern our restoring trust, credibility and legit. [...] A the trust in a legitimate, accountable and democratic and intersectional alliance, rooted in transparent state needs to be restored, trust in active citizen engagement and participation in the knowledge, creativity and innovation of economic policies and processes at multiple people to envision economic futures and engage levels, can help drive societal demand for a just in economic governance,.