User: flenvcenter Topic: Economics and Jobs-Independent
Category: Development :: International Development
Last updated: Oct 07 2014 04:14 IST RSS 2.0
 
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5 Reasons Why Climate Change Is a Social Issue, Not Just an Environmental One 7.10.2014 Green on HuffingtonPost.com
As illustrated by the 400,000 attendees at the People's Climate March in New York City and the solidarity events that took place around the word, the realities of climate change are no longer only being stressed by environmentalists. The effects of climate change will be economic, social, and environmental and will alter people's lives in a myriad of ways that we are just beginning to understand. Acceptance of this complex interaction, which follows the prescription laid out by the concept of sustainable development, is key to beginning to enact effective policy on climate. Since the recent New Climate Economy Report focused on climate change through an economic lens, it is time to facilitate discussion on the social effects. Here are 5 reasons why climate change needs to be considered a social issue as well: 1. Small farmers will feel the effects Small farmers already struggle to get a fair price for their goods, safeguard against weather & pests, and compete with large-scale monoculture agricultural ...
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How Did Leaders Respond to the People's Climate March? 26.9.2014 Green on HuffingtonPost.com
About 400,000 people went to the streets on September 21st to ask for real actions to address climate change. It was the greatest climate march in history. The UN Climate Summit organized by Secretary General Ban Ki-Moon took place two days later with the participation of 100 heads of state and 800 leaders from business. How did this Summit react to the demands of the peoples climate march? Did it meet the expectations? According to Ban Ki-Moon and other leaders, it was a success. To see if that is true, we should look at: 1) what science is telling us; 2) the previous commitments made by governments; and 3) how these commitments at the UN have improved in order to address the mismatch between what has to be done and what is being done. The main point of reference for any assessment is the greenhouse gas emissions gap for this decade. What we do now is more important than what we will do in the next decade or in 2050. If we don't close the emission gap by 2020, we will lose the possibility to catch up ...
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Climate-Smart Agriculture is Corporate Green-Washing, Warn NGOs 25.9.2014 CommonDreams.org Headlines
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Future of WTO Negotiations Hangs in the Balance at G20 Trade Ministers' Meeting 19.7.2014 Politics on HuffingtonPost.com
On July 19, Trade Ministers from the G20 group of countries -- including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, the Russian Federation, Saudi Arabia, South Africa, Turkey, United Kingdom, the United States and the European Union (EU) -- will convene for their annual meeting in Sydney, Australia. Decisions taken at the G20 are not binding on members, which is why the gathering has lost steam from its origins in the aftermath of the global economic crisis. But the meetings can be used to build consensus toward positions that can be brought back to forums where decisions can be enforced, such as the World Trade Organization (WTO). And this is exactly what the United States plans to do. At the WTO Ministerial last December in Bali, members agreed to the first expansion of the WTO since its coming into existence in 1995. The new agreement on "Trade Facilitation" would set binding rules on customs procedures and trade ...
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Nobel Economist Joseph Stiglitz Hails New BRICS Bank Challenging US-Dominated World Bank and IMF 18.7.2014 Truthout.com
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IMF Paper: Corporate Tax Avoidance Hurts Global Economy and Poor Countries 25.6.2014 Commondreams.org Newswire

The International Monetary Fund (IMF) released a staff paper noting that corporate tax avoidance negatively impacts all economies, but hurts developing countries the most. The IMF's release comes as the G20, the Organization for Economic Cooperation and Development and United Nations bodies seek vehicles to diminish corporate tax avoidance.

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Fossil Fuel Giants Hijacking UN's Green Energy Fund: Critics 11.6.2014 CommonDreams.org Headlines

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The Future of Energy in Turkey 14.5.2014 Green on HuffingtonPost.com
Over the next eight to twelve months, David Kroodsma and Lindsey Fransen are riding their bikes across parts of Asia , and sharing what they learn about the climate issues facing the countries they bike through. Turkey's economy has transformed over the past few decades. In 1960, according to the World Bank, the country's GDP per capita was just over $250 -- roughly the level of the poorest country on earth today. Now the average Turk is more than 40 times wealthier, and the country is, by many standards, a developed nation. The past decade has been particularly prosperous, with the economy more than doubling. And as we've traveled around Istanbul, we've seen signs everywhere of this growth: new buildings, packed shopping malls, and new roads. Unsurprisingly, energy consumption has also increased many times, and greenhouse gas emissions have increased by more than 20-fold since 1960. And there's still room to grow -- the average Turk still uses about one fifth as much electricity as the average U.S. ...
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Does Debt Forgiveness Work? Ask Africa 14.5.2014 Politics on HuffingtonPost.com
When countries in sub-Saharan Africa ("Africa" for short) gained independence in the 1960s, they inherited little or no public debt. And they stayed relatively debt-free until the early 1980s. Then, they went on a borrowing binge. By mid-1990s, the average African nation owed more than the value of all the goods and services it could produce in a year. The loans, which had to be paid back in foreign currency, came mostly from foreign governments and multilateral institutions, not from private bankers. The money was to build things like roads, ports, and power plants; this would speed up economic development and create the capacity to repay. It sounded sensible. Well, that capacity to repay never really materialized. Corruption, natural disasters, wars, bad policies, and bad luck made it impossible for African governments to keep up with debt payments without cutting basic services to their people, who were already poor and getting few services in the first place. The image of rich countries forcing poor ...
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What Can Foreign Investment Really Do for Your Country? 1.4.2014 Politics on HuffingtonPost.com
When a respectable multinational company announces a new project in a poor country, it is usually a cause for celebration -- especially when the project won't hurt the environment and won't corrupt public officials. These companies create jobs, pay taxes, and bring badly-needed foreign currency. More subtly, they use better technologies, spread their knowledge, and hire local firms to supply them. This, one hopes, makes everyone more productive, even those that have little or no contact with the newcomers. Think of an international clothing brand coming to your town to set up a factory and export top-end apparel, or a mining giant breaking ground near your village to mine for copper and sell it abroad. They generate benefits that go beyond their own businesses -- in technical jargon, they generate "spill-overs" for the rest of the economy. So, sensible governments do their best to attract "foreign direct investment." But, what evidence do we have that these spill-overs really exist? A new book edited ...
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Reforming International Tax System Must be Priority of G20 22.2.2014 Commondreams.org Newswire

The G20 must take necessary steps to reform the international taxation system to stop wealthy tax dodgers, beginning at its Finance Ministers and Central Bank Governors meeting this weekend (22-23 Feb) in Sydney.

Oxfam says that billions of dollars are lost each year in tax loopholes and avoidance. This gap must be plugged. Much of this money should be spent on services such as health and education in developing countries, helping to lift people out of poverty and reduce their dependence on aid.

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Global Fight for Land Rights at Tipping Point 6.2.2014 CommonDreams.org Headlines

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China Has Good Reason to Help Stabilize Latin American Economies 31.1.2014 Politics on HuffingtonPost.com
China Has Good Reason to Help Stabilize Latin American Economies
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In WTO Deal 'Corporate Rights Trump the Right of People to Food' 7.12.2013 CommonDreams.org Headlines
A World Trade Organization (WTO) deal appears imminent on Friday after the 159-member body held its Ninth Ministerial Meeting in Bali. While some are cheering the deal as "historic" after India held firm on a food security program, skeptics say the deal is a continuation of global trade policies in which "corporate "rights" trump the right of people to food." read ...
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Drawing the Lines in Bali: Global South Must Demand No Less Than Development Justice 5.12.2013 Commondreams.org Views
Antonio Tujan Jr. An activist wraps his face during a protest against the World Trade Organization meeting in Bali, Indonesia on Tuesday, Dec. 3, 2013. Indonesia is hosting the World Trade Organization Ministerial Conference from Dec. 3 - 6. The word "Gerak" means Movement. (AP Photo/Firdia Lisnawati) BALI, Indonesia — Lines have been drawn as world leaders gather in Bali for the World Trade Organization"s ninth summit. read ...
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Beyond COP 19: Accelerating Climate Protection 1.12.2013 Green on HuffingtonPost.com
Beyond COP 19: Accelerating Climate Protection
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The Staple Theory at 50: The staples trap in developing countries 25.11.2013 rabble.ca - News for the rest of us
Here is an entry from the global South in our continuing series of commentaries marking the 50th anniversary of Mel Watkins' classic article, " A Staple Theory of Economic Growth ." Dr. Alberto Daniel Gago teaches political economy at the National Universities of San Juan and Cuyo-Argentina. He is a long-time collaborator of Mel's, and has written extensively about the challenges of development and diversification in Argentina. His commentary explores the relevance of staple theory for understanding the modern barriers to development in the South. read ...
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The U.S. Provides Plenty Of International Aid, But To All The Wrong Places 21.11.2013 Politics on HuffingtonPost.com
The U.S. Provides Plenty Of International Aid, But To All The Wrong Places
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The G20 leaders head home, but the work is unfinished 9.9.2013 rabble.ca - News for the rest of us
Monday, September 9, 2013 The G20 have put their first nail in the coffin of corporate tax dodging, but they've given no guarantees how or when the rip-off of the poorest countries will stop. This is the third and final report from the G20 in Russia by Steve Price-Thomas. (Read part I and II here and here .) St Petersburg, Russia -- G20 leaders returning to their countries can point to some achievements at the 2013 G20 Summit, but also to a lot that was left undone. read ...
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Tax evasion damaging poor country economies 1.9.2013 Press releases
Multinational tax evasion is entrenching poverty and weakening developing country economies, Oxfam has warned ahead of the G20 leaders meeting in Russia to chart a plan for boosting global economic growth. G20 must act to rewrite international tax rules The G20 needs growth strategies that are balanced and inclusive, and to achieve this they must fix the global tax system. Dmitri Medlev Oxfam’s Russia country director Notes to Editors ^ Global Financial Integrity estimates that developing countries lose $100bn annually from trade mispricing alone. This occurs when goods leave a country of export under one invoice, the invoice is redirected to another jurisdiction such as a tax haven where the price is altered, and then the revised invoice is sent to the importing country for clearing and payment purposes. Christian Aid estimates that trade mispricing and false invoicing costs developing countries $160 billion a year. ^ The average annual salary of ...
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