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Analysis
Radical left is Right about Europe's debt

Let us assume that you share the global consensus view on what the eurozone should do right now. Specifically, you want to see more public-sector investment and debt restructuring.

Now ask yourself the following question: if you were a citizen of a eurozone country, which political party would you support for that to happen? You may be surprised to see that there is not much choice. In Germany, the only one that comes close to such an agenda is Die Linke, the former Communists. In Greece, it would be Syriza; and in Spain, it would be Podemos, which came out of nowhere and is now leading in the opinion polls.

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Laying the Foundations of a World Citizen's Movement

Has organised civil society, bound up in internal bureaucracy, in slow, tired processes and donor accountability, become simply another layer of a global system that perpetuates injustice and inequality?

How can civil society organizations (CSOs) build a broad movement that draws in, represents and mobilises the citizenry, and how can they effect fundamental, systemic transformation, rather than trading in incremental change?

This kind of introspective reflection was at the heart of a process of engagement among CSOs from around the world that gathered in Johannesburg from Nov. 19 to 21 for the “Toward a World Citizens Movement: Learning from the Grassroots” conference.

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Debt and the international context of North and South in the 21st century

This article reviews a number of developments that occurred between 2000 and 2014 related to the debt issue, various aspects of the international crisis |1|, international financial institutions, the scope of attacks against social and economic rights, and CADTM priorities.

 

Several changes have occurred since the end of the 1990s.

 
The Future of the Planet and the Irresponsibility of Governments

Less than a week after everybody celebrated the historical agreement on Nov. 17 between the United States and China on reduction of CO2 emissions, a very cold shower has come from India.

Indian Power Minister Piyush Goyal has declared: “India’s development imperatives cannot be sacrificed at the altar of potential climate change many years in the future. The West will have to recognise we have the needs of the poor”.

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Corruption is a first world problem too

After years of debate and effort, the fight against corruption is beginning to overcome its perception problem. This is that rich countries are honest and poor ones are not. A turning point may have come at the recent G20 summit in Brisbane, where world leaders agreed to share tax information of “shell” companies that help shield illicit earnings from scrutiny.

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North South Differences over Financing for Development

As intergovernmental discussions commence on a major financing for development conference to be held in Addis Ababa, Ethiopia in July 2015, differing priority issues between developed and developing countries are already seen.

The process for the International Conference on Financing for Development (FfD) commenced in the New York headquarters of the United Nations on 17 October 2014.

The third FfD conference, which will be held in Addis Ababa, from 13 to 16 July 2015, will gather high-level political representatives, including heads of state and government, ministers of finance, foreign affairs and development cooperation, as well as all relevant institutional stakeholders, non-governmental organizations and business sector entities.

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Disappointing G20 ...

G20 leaders met this past weekend in Brisbane, Australia for their annual summit, issuing a communiqué full of ambitious proposals for growing the global economy, but noticeably lacking in responses to illicit financial flows, one of the largest drags on development worldwide. Global Financial Integrity (GFI), a Washington, DC-based research and advocacy organization, expressed its disappointment at the underwhelming result.

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Global Heath Watch Report is out!

With the world still battling the Ebola outbreak, the evidence of a clear link between the inability of affected countries to deal with the crisis and the collapse of public health systems is becoming stronger. Extreme poverty in the affected region, engendered by neo-liberal policies, further created the conditions for the rapid spread of the epidemic.  This is the context that informs the contents of the 2014 Global Health Watch (GHW) report that was released today.

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GFI Urges G20 to take action on country-by-country reporting at Brisbane Summit

As world leaders gather in Australia this week, Global Financial Integrity (GFI) called on the G20 to take strong action against illicit financial flows by embracing simple corporate transparency measures.  Specifically, the Washington, DC-based research and advocacy organization urged G20 leaders to endorse the creation of public registries of beneficial ownership information as well as require all multinational corporations to publicly report their sales, profits, and taxes-paid on a country-by-country basis, as necessary tools to detect and deter crime, corruption, and tax dodging.

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Financing for whose Development?

The Third UN Conference on Financing for Development (FfD), set to take place in Addis Ababa next year, will be a crucial opportunity to discuss two of the hottest topics in development finance today: the use of scarce public resources to leverage the private sector, and the fight against international tax avoidance and evasion. Both topics come together in Eurodad’s new report, Going Offshore, though probably not in the way you might expect.

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