The world has made tremendous progress in reducing global extreme poverty - nearly 1.1 billion have escaped extreme poverty since 1990 - but there are still around 800 million people or one in ten people living on less than $1.90 a day today. This number is still unacceptably high, especially given the low standards of living implied by the international poverty line.
Historically, we know the importance of growth in driving poverty reduction. But current growth rates will not be enough to reach the 2030 goal- and we know that global growth forecasts are grim. Therefore we need to make what growth there is beneficial for the poor. To ensure this, we first need to know how growth has performed for the poor.
This is where shared prosperity comes in.
Família is often promoted as a model of good practice for social protection programmes in the developing world. As a Brazilian, in the short period of time that I’ve worked on international social protection, I’ve been surprised by how famous Bolsa Familia is around the world and how it has inspired similar programmes around the world. But, despite its great reputation internationally, in Brazil it is nowhere near as well regarded, and its future is uncertain.
Taxation of multinational corporations is of utmost importance to developing countries, which on average generate around 10% of government revenues from this source. However, there are clear indications that the current international system is not working. One type of tax avoidance alone is currently costing developing countries between $70 billion and $120 billion per year. While often considered highly immoral, such international tax avoidance is often, technically speaking, legal.
Human Rights Expert has called on the international community to fight tax evasion and abolish tax havens that siphon off essential resources from human rights protection and global development.
“The United Nations must no longer tolerate the scandal of secrecy jurisdictions that facilitate tax evasion, corruption and money-laundering,” said the UN Independent Expert on the promotion of a democratic and equitable international order Alfred de Zayas to the General Assembly. Secrecy jurisdictions are also known as tax havens.
The Third United Nations Conference on Housing and Sustainable Urban Development and the alternative forums held by social organisations ended in the Ecuadorean capital with opposing visions regarding the future of cities and the fulfillment of rights in urban areas.
On Thursday Oct. 20, the representatives of 195 countries taking part in the Habitat III conference adopted the Quito Declaration on Sustainable Cities and Human Settlements for All, after four days of deliberations.
Read more: Governments and Civil Society disagree on future of cities