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Canada: Redistribution through a basic income
February 9, 2017 22:36 - Pas de commentaire
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As the Ontario and Quebec governments design their versions of a basic income pilot program, Canadians find themselves engaged in a policy question we haven’t grappled with in almost half a century: how should the welfare state evolve?
At the heart of the basic income debate is a discussion about what’s required for everyone to have a basically decent life. Implicitly, it embraces a conversation about the importance of markets in that pursuit.
Development: LDC graduation the ‘first milestone’, not the ‘winning post’
February 9, 2017 19:59 - Pas de commentaire
The Trade and Development Board of UNCTAD on Monday held a discussion on the Least Developed Countries Report 2016 which amongst others had argued that graduation of the Least Developed Countries (LDCs) is "not the winning post of a race to c...
Sovereign debt restructuring, business and human rights: Can parallel lines ever meet?
February 9, 2017 19:25 - Pas de commentaire
Sovereign debt restructurings, as can be seen from examples like Greece and Argentina, are difficult, often traumatic experiences for the sovereign debtor and its citizens. It is invariably the case that in a sovereign debt restructuring (SODR),...
International standards on sovereign debt and business and human rights: Can parallel lines ever meet?
February 9, 2017 19:25 - Pas de commentaire
Sovereign debt restructurings, as can be seen from examples like Greece and Argentina, are difficult, often traumatic experiences for the sovereign debtor and its citizens. It is invariably the case that in a sovereign debt restructuring (SODR),...
OECD proposal on private sector instruments: Huge risk of aid becoming a backdoor subsidy for Western corporations?
February 9, 2017 19:21 - Pas de commentaire
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On March 9, the OECD's Development Assistance Committee will decide on how to include what are known as ‘private sector instruments’ (PSI), in aid. This could mean a dramatic increase in the use of aid to invest in or give loans to private companies, or to agree to bail out failed private sector projects, through guarantees. However, without strong safeguards and transparency standards there is a real risk that aid could be used as a backdoor subsidy for corporations with powerful lobbies in donor countries.
