Analysis
Tax Havens: a danger to society!
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- Written by Nicholas Shaxson
The Future of Development Finance
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- Written by Nemat Shafik/CGD
Aid will increasingly be focused on Africa and on countries plagued by 'instability', or with governments unable to meet the basic needs of their populations. And a growing share of development finance will be directed to tackling global public goods like climate change, conflict prevention and public health. It means the rules of the game have to change and that we need a new architecture in a multipolar world ...
Urgent Need for Binding obligations on TNCs raised at UN
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- Written by Brid Brennan / TNI
John Ruggie's proposed guidelines to the UN on human rights and transnational corporations fail to bring TNCs under any binding law, therefore enabling human rights and environmental crimes to continue with impunity.
Interview with Thomas Pogge
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Interview with philosopher Thomas Pogge on global poverty and some solutions.
World Bank's Africa Strategy remains in rutted Comfort Zone
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- Written by Patrick Bond
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Read more: World Bank's Africa Strategy remains in rutted Comfort Zone
US and its Banks called world's biggest tax haven
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- Written by Michael Hudson
If you want to know how dictators from all over the world can hide their money: read ...
Jeffrey Sachs really seems to be getting it now
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- Written by Tax Justice Network
Recently we wrote a blog, entitled ” Jeffrey Sachs joins the tax justice movement, sort of ,” after he wrote some superb (but incomplete) things in the Financial Times about the race to the bottom on corporate tax.
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 disappointed about LDC Conference
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Civil Society left the LDC (Least Developed Countries) Conference in Istanbul with a lot of disappointment.
Are African lions really roaring?
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- Written by Patrick Bond
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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." |
Tax Havens that threaten the world
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- Written by Nicholas Shaxson
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.”
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