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G20 starts work on long-term investment, but will the IFIs give the right advice? The success of emerging markets in sustaining investment during the crisis has triggered a new G20 workplan on long-term investment, but with the IFIs and the OECD at the helm, it’s uncertain whether this will mean any new thinking.
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60th Anniversary of German Debt Cancellation Sixty years ago – on February 27, 1953 – the London Debt Accord was signed. It was an extraordinary and historic agreement that cancelled 50% of Germany’s debts to external lenders and signalled the beginning of half a century of post-war renewal and economic development in Europe. To mark the 60th anniversary, debt campaigners across Europe are celebrating the Accord as a prime example of successful restructuring of unsustainable and illegitimate debt.
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Eurodad-Glopolis International Conference: Debt, finance and economic crisis The current public debt crisis compromises development objectives and poverty eradication across the world. How should we move from discussion of root causes to focus on solutions? What should the roles of the state and the private sector be in overcoming debt crises and creating alternatives? How do we need to change our thinking and economic structures to prevent future crises? Discuss these issues and more at Eurodad’s biennial conference.
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Taxes and human rights The Tax Justice Network has just published a report on taxes and human rights, which argues that fiscal policy – and hence tax policy – is one of the most important steering instruments for governments. True policy priorities are often revealed more clearly through budgets and tax legislation than through declarations and action, argues the report, which examines the impact fiscal policy has on realising and complying with human rights.
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