Tag Archives: Economics

Towards an International Treaty on Business and Human Rights

Rapid globalisation over recent decades has brought increased economic prosperity, but has led to greater marginalisation of many. Driven by profit maximisation in increasingly competitive markets, and without adequate regulatory mechanisms, concerns about human rights violations and environmental impacts are often ignored. Child labour, displacement of indigenous communities from their traditional lands by mining operations, […]

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Promoting Decent Work for All

To co-incide with the 104th International Labour Conference, the International Catholic Centre in Geneva (CCIG) joined with several other civil society organisations to hold an event entitled “Decent work along the global value chains: A call for responsibility and an opportunity for solidarity”. The word ‘value’ was used instead of ‘supply’ to give greater emphasis […]

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Mixed Progress in Addressing Global Tax Evasion and Corruption

  Disappointment has been expressed that a small group of rich countries blocked a plan for international tax rule-making to be removed from the clutches of the world’s rich countries, with developing countries being given more of a say. At the Third Financing for Development Conference (FfD3)hat concluded recently in Addis Ababa the push for […]

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Unemployment – a Major Global Challenge Especially for Youth

  The representative of the Holy See, speaking before the recent International Labour Organisation (ILO) Conference, addressed the issues the current economic state has presented for young people. Unemployment continues to be a major issue for young people, with the average rate of unemployment for youth being on average three times higher than their adult […]

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2013 – A Turning Point in the Quest for Financial Transparency

By its very nature the work of changing unjust structures is slow and it can be difficult to see results for one’s efforts. Edmund Rice International is a member of the Financial Transparency Coalition a global network working together to address opacity in the international financial system, which creates inequalities that harm billions of people. It […]

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Cannes Summit: G20 Urged to End Tax Haven Secrecy

Global Financial Integrity (GFI) today joined over 40,000 people from around the world calling on G20 leaders to end tax haven secrecy when they meet this week in Cannes, France. The 40,000+ signatures were collected by the End Tax Haven Secrecy campaign, which today handed over a letter urging French President Nicholas Sarkozy—the current G20 […]

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Holy See Calls for Reform of Global Finance

Cardinal Peter Turkson President of the Pontifical Council for Justice and Peace and Bishop Mario Toso, Secretary to the Council together with Leonardo Becchetti, professor of political economy at the Roman University of “Tor Vergata” recently spoke at the presentation of a Vatican statement on the current global financial crisis entitled  “Towards reforming the international […]

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Transparency in Global Economy a Key to Alleviating Poverty

According to Global Financial Integrity (GFI) a US based think-tank, developing countries are currently losing ten times the amount of money they receive in aid each year through activities such as bribery, theft, drug trading, tax evasion and mispricing of exports and imports. Most of the misappropriated money finds its way into western economies. This […]

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Haiti Earthquake Disaster

It is pleasing to report that with the recent decision of the G7 nations to cancel Haiti’s debt, organisers from ONE International, who organised the campaign are confident the full cancellation of Haiti’s debt has effectively been achieved, hence the campaign associated with this Action Alert is now suspended. No doubt we have all been […]

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Development Aid: Does it work?

“My voice cannot compete with an electric guitar”, said one specialist on development aid for Africa. Commentary on aid to Africa has, in the main, been the preserve of aging rock stars and Western politicians. And, so, the voices of those who raise doubts about what some are calling the ‘aid industry’ remain largely silent. […]

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