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."
This headline is translated from that of an article in the French newspaper L’Expansion which is in French, with a rough web translation here . It is commenting on a report from the French government’s Centre d’analyse stratégique (Centre for Strategic Analysis.)
The report identifies 50″Offshore Financial Centres (OFCs)” or “prudential havens” as it calls some of them, and the newspaper summarises the report by saying
“These OFCs have played a major role in the production of financial engineering for the rest of the world. Their degree of financial integration with traditional financial centres makes them decisive actors in propagating systemic risk during the crisis.”
The Madrid meeting of trade union leaders states that green en decent jobs, social protection and a Financial Transaction Tax must be on the Rio+20 Agenda.
Austrian Institute of Economic Research
A General Financial Transactions Tax: Motives,
Effects and Implementation
Summary of a presentation at the Brussels Tax Forum 2011 on March 29, 2011
Arguments in favour of a General Financial Transactions Tax
The main propositions underlying the concept of a general financial transactions tax (FTT) can be summarized as follows:
The IMF will help poor countries to improve their tax systems ...
The long awaited World Development Report 2011 on 'Conflict, Security and Development' has finally been released!
Little progress is made in G20 fight against tax evasion.
“….Poor.Economics is a book about the very rich economics that emerges from understanding the economic lives of the poor. It is a book about the kinds of theories that help us make sense of both what the poor are able to achieve and where, and for what reason, they need a push.