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On debt and taxation, rich and poor countries are worlds apart

Tove Ryding

01 Aug 2016 12:49:10

This article was first published by the Guardian Following the promises of 2015, when governments adopted the sustainable development goals (SDGs) and a new agreement to combat climate change, many had hoped this year would herald an ambitious political atmosphere, with grand self-congratulatory speeches turned into concrete change. It was clearly with this in mind that the UN’s Conference on Trade and Development (Unctad) chose “From decisions to actions” as the slogan for its global conference, which took place in Kenya last week. All governments ought to be able to embrace the focus of Unctad – namely to help developing countries mobilise financing for development, and improve global economic governance. Unctad’s roles include helping poorer countries to benefit from trade, stabilise ...

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Partying about Ireland’s Poverty

Eurodad

16 Jan 2014 12:53:30

By Nessa Ní Chasaide, from Eurodad’s member The Debt and Development Coalition Ireland People in Ireland could have been forgiven for thinking that the largest debt crisis in the history of the Irish state had been solved last week. News headlines blared “market confidence in Ireland”, “bumper sale” of Irish debt, “positive market sentiment” toward Ireland. These headlines were ‘reporting’ on Ireland’s first entry into the markets since last March, selling 10 year bonds worth € 3.75 Billion at a yield of 3.543%. The Irish Minister for Finance commented ‘that the successful bond sale “illustrates the strength of Ireland’s international reputation“.’ Yet, the people of Ireland have not joined in the celebrations. This is because nothing has ...
+DDCI
By Bodo Ellmers As the United Nations moves rapidly towards alternative proposals to sovereign debt work-out, it seems that the International Monetary Fund (IMF) does not want to be sidelined on the issue. A ground-breaking new IMF study that has just ...
A first reading of the press statements and overview paper from the IMF’s review of conditionality, completed in September 2012 might give the impression that the IMF has made a 180 degree turn in its conditionality policy, one of the most controversial ...