Join the
G77 Wiki
HACKathon
Select Nations / Propose nations
NB most of G20 are excluded
Phase One
Venezuela (priority)
Columbia (LatAm)
Turkey (Europa ext-EU)**
Zambia (COMESA)**
Indonesia (Far Asia)
Qatar (ME)
Abu Dhabi (ME)**
Special Cases for next review (archive)
Phase Two
(Ukraine)
China**
India**
Nigeria
S Africa**
Kenya
Tanzania**
Egypt
Libya
Mexico
Dubai*
S Arabia
Oman
Philippines
Vietnam
Sri Lanka
G77/134
(“We are the World”)
75% by population
NIEO
BRICS
OPEC non-OPEC
Arab League
CIS ex-CIS
WHY DO WE NEED the G77 WIKI HACKATHON, what does it do?
At a simple level (for schools) we need to bring together all the details of how the G77 economies operate on a day to day basis, and how they build the country and it growth and wealth. It can be your country, your region or continent, or 5 adopted countries, or the world, or a specific problem, your choice. Class/student projects will be given special consideration. Show us something interesting.
For full awards, the full criteria will allow a challenge of ability or innovation, this is a serious undertaking for Global Poverty Carbon Justice. We will bring the New International Economic Order, you can tell your grandchildren
"I was there 2026".
The Global Poverty Carbon Justice decentralised foundation is the issuer of all program tokens. (F5 T5 T5s Tt5). As well as issuer, it collects, in trust, all of the "collateral" from the Fast Digital Asset Market, and stakes it to support the "synthetic credit" ("A-minus" investment grade) of the G77swap counterparty.
This staking, yields treasury plus a spread; or where applicable Ethena.fi plus a spread.
In order to execute ISDA swap business, banks need to meet various metrics as laid down by BCBS Basel. CRD IV for capital adequacy, IFRS9 for derivative exposure tracking, reporting and self-insuring, FRTB for trading and MIFID II for client facing business. While G77swap will not require these regulations, it will comply with the methodology, which the T5 teams actually built for the BCBS and for the FSB, thereby for all banks. They are recognised as sound management practice.
Banks - Bank of America, Chase Manhattan, JPMorgan, Citibank and Goldman all have substantial investments in country, government and counterparty financials, economics, default risk, recovery and workout boundary databases. So G77swap will build a similar resource but directed solely at G77/134 nations and on a limited budget. Hence paying F5 tokens, during the development phase, is really good value.
The G77 Wiki "hackathon" during the build out phase.
Please see the public resources
https://www.gemsriskdatabase.org and
there are many others, and many regionally and country focused. Submit the URLs and get token awards. See the example data - Ghana Report from AVCA. Where are the AVCAs for LatAm, ex-USSR, Asia, India? find it, submit it, be first come.
Specific use will be -
Capital Equivalent - banks must accurately measure their retained credit portfolio, and post capital or collateral accordingly - CRD IV. This is approximately 13%, or 8% without strategic buffer. In order to do this, they must have an Internal Ratings Basis database (IRB), otherwise 20% default applies.
G77 Wiki will create the equivalent. Although not a bank, the methodology determines the correct cover, while G77swap will acknowledge Solvency II under the Bank of England, to ensure all risks are covered, or re-insured.
Swap Curve Synthesis - in G77 markets the funding rates for all tenors (timeframes) [3mo, 6mo, 12mo, 2yr, 5yr, 10yr, 20yr, 30yr] are not easily determined. T5 Labs Oxford has proprietary methods to resolve this issue. Swap curves for outstanding trades will be published, by T5 blockchain smart contract, called "oracles" from whence they will be public on the GPCJ Bloomerg pages.
CDS Synthesis - bank CDS synthesis, the replacement cost on default, was sophisticated before the advent of AI, today it is greatly enhanced. T5 Labs Oxford, assisted by the G77 Wiki, will use AI tools to replicate these efforts across the G77 markets.
Diversification - the EU pilot TCXfund.com relies on diversification to diversify the retained FX risk. This is flawed as correlation, both within economies and across regions, plays a big role in G77 markets. (See Asian contagion, 1997).
Correlation - T5 Labs Oxford have sophisticated tools to emulate, replicate and substitute correlation effects which are critical in the less liquid G77 markets.
Duration Matching - Duration, to a banker, is not the timeframe, that is the tenor, it is the weighted balance of assets and liabilities. Duration Spread is the compound and complex derivative of Duration, [dS/dFX.dCDS] all maturities.
Close to Default - in order to mange these complex risks, emanating from the high non-linearity (not a straight line) responses of CDS and CCDS positions, T5 Labs Oxford, monitor and reset, often static measures, to ensure final outcomes are favourable. IE once near default, focused use of options, can contain the extreme volatility. (CFC, CRC, etc) That is, they are not "fire and forget" as bank credit, legal and market risk teams would set. They are "Poste Ante Reset", continually updated reserves and limits.
Workout Boundary - in banks, once a default occurs, the potentially many positions of a counterparty, all cross-default so the bank needs a collecting team to pull together and maintain their interests, often through complex processes. G77swap trading, risk and legal teams have decades of experience and real time case studies, both ITM/OTM (in/out of the money). Importantly, as G77swap only carries Shortfall Protection (FX payments in swaps) or Shortfall Insurance (the credit default option in any FX swap) and only in G77 nations, so their teams can really focus on, and produce, optimal outcomes, expected 120% recovery rate, even where secure bank assets only achieve 50%. This is why the business achieves 100% return on capital, but it does require special care.
Netting - a complex legal field, requires extra limits and reserves. The G77swap trading is often referred to as "synthetic collateral", which is the "netting future" of valuation of assets and liabilities. Development teams, for the T5 Labs Oxford, pioneered these techniques and achieved over $2bn swap credit lines for counterparties, even after default. This is the real added value to the G77 nations.
ARCHIVE - including instructions, samples, examples,
States of Note, non-qualifying states
Morocco, Senegal, Thailand, Taiwan, Russia, Venezuela, Zimbabwe
The GPCJ program excludes most the G20 nations, except, see BRICS/IBSA.
State/collective Profile
(5/2 years before and projected 2/5)
Global
Pop
Carbon emissions Tppa
Tppa growth target (UN)
GDP
Growth
Funding rate
Repo rate
Recovery rate
HEAT ratio
Debt
Public / Private
FDI
Equity / debt
Hedge level (act / target)
Global Carbon Tppa
Carbon SOTP
GLOBAL DOUBLING PERIOD (7)
Resources
The two best resources to assist intrepid G77 Wiki builders are WBG GEMS https://www.gemsriskdatabase.org and TCXfund.com
UN
WBG
GEMS
EU DFIs
TCX
MFX
Resources Private
Oxford Analytica
Marsh Risk
OCSAE
LSE
BROOKINGS
UN HLEG LSE BROOKINGS
OMS INET
ODID