Issue No.
687, 16-30 April 2019
UNCTAD
makes case for a Global Green New Deal

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Global
Green New Deal needed to deliver on 2030 Agenda
A
UN agency presents the case for a Global Green New Deal to reverse
the ills of the current world economic environment and realize the
internationally agreed Sustainable Development Goals.
by
Kanaga Raja
Palestinian
economy at an all-time low, says UNCTAD
A
UN development body has highlighted the ruinous impact of the Israeli
occupation on the Palestinian economy.
by
Kanaga Raja
E-com
duties moratorium “asymmetrical” for South
South
Africa and India have argued in the WTO against maintaining the current
halt to customs duties on electronic transmissions, saying that the
freeze is eroding public revenues in developing countries and hurting
their digital industrialization prospects.
by
D. Ravi Kanth
Appointment
of Jamaican envoy as rules chair blocked
WTO
member states have failed to agree on a new chairperson for the negotiating
body handling the fisheries subsidies talks, which are currently hamstrung
by divisions over, among other issues, differential treatment for
developing countries.
by
D. Ravi Kanth
End
the United Nations-World Economic Forum partnership agreement
In
an open letter to the UN Secretary-General, over 250 national and
international civil society groups have denounced the UN’s “strategic
partnership” with the World Economic Forum, calling it a form of “corporate
capture” that undermines the independence and effectiveness of the
multilateral body. The text of the September open letter is reproduced
below.
OPINION
Counter-cyclical
fiscal policy needed to counter economic downturn
In
light of the declining economic outlook, developing-country governments
should turn to counter-cyclical expansionary fiscal policy, spending
not only to buffer the downswing but also to lay the foundations for
longer-term development.
by
Jomo Kwame Sundaram
How
multinationals continue to avoid paying hundreds of billions of dollars
in tax
Miroslav
Palanský explains how multinational firms dodge taxes, depriving
countries of much-needed revenue, and how to
put an end to this practice.
Billionaires
are a sign of economic failure
Max
Lawson questions the economic and social utility of extreme wealth.