A far-reaching new study suggests a staggering $21tn in assets has been
lost to global tax havens. If taxed, that could have been enough to put
parts of Africa back on its feet – and even solve the euro crisis. A report by the Tax Justice Network.
Tax evasion costs countries around the world more than US$3.1 trillion annually. By tackling tax havens, governments can avoid painful austerity measures and invest in essential public goods like healthcare and education, says a new report by the Tax Justice Network.
Tax havens, many of them British, are robbing the UK and developing countries alike of billions of pounds in government revenue every year - money that could be spent on public services and anti-poverty programmes, says a report by War on Want, PCS and the Tax Justice Network.
With global demand for imports waning, it is time to re-think the export-led growth economic model foisted onto developing countries in recent decades. Development strategies should instead focus on domestic markets, says a report by the UNCTAD Trade and Development Report 2010.
A tax on currency exchanges and derivatives of 0.005 percent
could be implemented straight away and would raise £100 billion a year globally
towards reducing government deficits and tackling poverty, says a report by Tax
Research LLP.
Endless
growth is pushing the planet’s biosphere beyond its safe limits. We urgently
need to change our economy to promote well being, reduce resource consumption
and live within its environmental budget, says a report by the New Economics
Foundation.
Indigenous peoples make up one third of the world’s poor and are often disproportionately affected by the economic globalisation. Governments should prioritise self-determination and land rights to protect indigenous communities and their knowledge, says a report by UN DESA.
The development of globalised capitalism has led to financial, food and
climate crises that threaten the regions of the world in different ways. This
report compiles views raised at the 'Conference on Alternatives and Transformation Paths to Overcome the Regime of Crisis-Capitalism', by the Transnational Institute et al.
Under the Washington Consensus, deregulation, liberalisation
and privatisation were imposed on poor countries with scant regard for the
social consequences. The private sector must be regulated to protect the poor
from the shortcomings of the pursuit of profit, says a report by Christian Aid.
Given the environmental limits of the planet, current levels of resource exploitation and waste
production are unsustainable. The most
pressing need is to end overconsumption in the rich world and to focus on eradicating
poverty and reducing inequality, says a report by New Economics Foundation.
