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.
Greater government intervention is needed to moderate the severe
economic swings and inequalities that seem to be an unavoidable
byproduct of globalization, according to a United Nations report released yesterday.
The NEF argue the case that global economic growth is an extremely inefficient way of achieving poverty reduction, and is becoming even less effective. We need to move towards a system in which policies are designed explicitly and directlyto achieve our social and environmental objectives, treating growth as a by-product.
Sub-Saharan Africa is a massive US$272 billion worse off because of ‘free’ trade policies forced on them as a condition of receiving aid and debt relief, says a new report from Christian Aid.
Global markets, global technology, global ideas and global solidarity can enrich the lives of people everywhere. The 1999 HDR argues that the challenge is to ensure that the benefits are shared equitably, and that this increasing interdependence works for people - not just for profits.
