Category: Blog

For whose benefit? A different perspective on Tax Inspectors Without Borders

Taxation of multinational corporations is of utmost importance to developing countries, which on average generate around 10% of government revenues from this source. However, there are clear indications that the current international system is not working. One type of tax avoidance alone is currently costing developing countries between $70 billion and $120 billion per year. While often considered highly immoral, such international tax avoidance is often, technically speaking, legal. One of the solutions proposed to developing countries to increase their capacity to collect taxes from MNCs’ activities in their territory is the offer of ‘capacity development’ and ‘technical assistance’ on taxation. One initiative that follows this logic is Tax Inspectors Without Borders (TWIB), launched in 2013 as a pilot project by OECD. A new report by Eurodad looks at the current design of TIWB, as well as three TIWB pilots which have taken place between the UK and Rwanda; the Netherlands and Ghana; and France and Senegal, respectively. Read more …

2016 IMF and World Bank Annual Meeting: The Bretton Woods Institutions stuck in policy dilemmas

This year’s Annual Meeting of the IMF and World Bank took place against the backdrop of continued sluggish growth in developed and developing countries alike. The impact of the commodity price crash weighs heavily on many developing countries and has caused a significant fall in global trade. While the IMF warns that both private and public debt levels remain dangerously high, that the anticipated deleveraging did not happen, the main response of the Bretton Woods Institutions (BWIs) is new lending facilities that create new debts. Read more…

The Diplomatic (and Economic) Struggle over Microbes

It may sound like an issue for health specialists, but at the UN high-level meeting on antimicrobial resistance (AMR) ministers and heads of state from around the world made clear that it is more than that it appears.

This is the fourth time that the UN General Assembly has addressed health issues. As the representative of Portugal pointed out, this meeting “is proof of global recognition of this problem and how important an issue it is”. Executive Director of South Centre, Martin Khor said that AMR is “as serious as Climate Change and perhaps more immediate”. Read more…

Spotlighting the 2030 Agenda — one-year after

Heads of state and government leaders from around the globe have descended on the United Nations in New York for the 71st United Nations General Assembly. Their “general debate” on 20 September will focus on the...

Panel discussion: Corporate accountability and influence in the UN

The international debate surrounding the environmental, social and human rights responsibilities of corporations has been gaining momentum. Growing public criticism of transnational corporations and banks has furthered this debate. A historic decision of the UN Human Rights Council (of 26 June 2014) to establish an intergovernmental working group “to elaborate an international legally binding instrument to regulate, in international human rights law, the activities of transnational corporations and other business enterprises” is one of the results. For the first time since decades, an intergovernmental body of the UN was established to address the international regulation of corporations. You are invited to a panel discussion on October 4, 2016, at the Church Center in New York, to assess the state of the current debate, discuss the pros and cons and the potential content of a legally binding instrument (or a treaty), and explore links to the implementation of the 2030 Agenda and the SDGs and to the agenda and responsibilities of the incoming Secretary-General. Read more …

2030 Agenda demands UN reform

Juan Somavia, co-Chair of an Independent Team of Advisors to ECOSOC said that a “change of mindset” is needed to enable the UN development system to move from the MDGs to the SDGs; from a sectorial approach to an integrated one; from judging development by growth to judging it by sustainability; and to universal applicability. Read more…

UNCTAD 14: Nairobi “Maafikiano” barely saves minimal finance and development mandates

Due to UNCTAD’s decidedly pro-South and uncompromising development-focused mission, its quadrennial conferences have traditionally been North –South showdowns. Coming a few months after the adoption of the ambitious and universal 2030 Agenda for Sustainable Development and its 17 associated goals, the theme of the XIV Quadrennial Conference of UNCTAD (the United Nations Conference on Trade and Development) was “From Decisions to Actions.” There was, therefore, reason to expect that this time members would bridge their differences for the sake of reinforcing mandates of the organization critical to the Agenda’s implementation. But that was not the case. Read more…

The Next United Nations Secretary General Town Hall Debate

In 2016, the UN is searching for a successor to Ban Ki-Moon as the next Secretary General. Over the years, several initiatives have urged reforms regarding the UN Secretary General election process. In this spirit, the President of the General Assembly together with Al-Jazeera organized a town hall debate with the candidates on 12 July. Read more…