Never before had the G8 so many different topics on its agenda: a war in Libya, nuclear safety, Arab spring, a crisis in the US and Europe, a headless IMF ... and so out of the meeting came a beautiful text on 'freedom and democracy' ... Can it make any difference?
If you want to know how dictators from all over the world can hide their money: read ...
Parliamentarian’s Declaration for the Financial Transaction Tax (FTT)
The OECD unveiled a new, interactive index that will let people measure and compare their lives in a way that goes beyond traditional GDP numbers.
Called Your Better Life Index, the tool is part of a larger OECD Better Life Initiative that aims to measure well-being and progress. The index allows citizens to compare lives across 34 countries, based on 11 dimensions -- housing, income, jobs, community, education, environment, governance, health, life satisfaction, safety, work-life balance -- giving their own weight to each of the dimensions.
“This index encapsulates the OECD at 50, pushing the boundaries of knowledge and understanding in a pioneering and innovative manner,” said OECD Secretary-General, Angel Gurría. “People around the world have wanted to go beyond GDP for some time. This index is designed for them. It has extraordinary potential to help us deliver better policies for better lives.”
Go and see how your country performs and compare the well-being across countries based on 11 topics of material well-being and quality of life.
For those who want to know more on 'Finance Watch': a new body which wants to ensure that the interests of civil society are better taken into account when reforming the financial sector. Good financial services are essential and have a strong public interest dimension.
A joint report written for the LDC-conference in Istanbul
Well, now he has a new piece on Project Syndicate, to which we have already briefly linked, but which is worth expanding on. It’s entitled The Global Economy’s Corporate Crime Wave , and it’s excellent, all the way through. We are particularly excited by this section:
Civil Society left the LDC (Least Developed Countries) Conference in Istanbul with a lot of disappointment.
Apparently, "one in three Africans is middle class" and as a result, Africa is ready for "take off", according to African Development Bank chief economist Mthuli Ncube last week at the World Economic Forum-Africa summit in Cape Town. "Hey you know what, the world please wake up, this is a phenomenon in Africa that we've not spent a lot of time thinking about."