Fight tax avoidance and reform investment policies
Focus on WIR 2015
Two crucial issues are dealt with in the new World Investment Report (WIR 2015): A fundamental reform of the international investment regime and more coherence between international tax and investment policies. According to the authors of the report there must be no contradiction between the policy imperative of taking action against tax avoidance and facilitating productive investment in sustainable development. By Rainer Falk
Systematic reform of the international investment agreement regime is pressing to promote sustainable development and bring coherence to the almost 3,300 agreements currently in existence, and tax avoidance can be tackled while promoting investment in sustainable development, the report by the UN Conference on Trade and Development (UNCTAD) says amid an ongoing debate and policy work in the international community on the fiscal contribution of multinational enterprises and on the adequacy of investor-state settlement provisions in new trade agreements ...
Weakening of workers' rights in most regions is being aggravated by severe crackdowns on freedom of speech and assembly, according to the 2016 Global Rights Index. Restrictions on freedom of speech and assembly, including severe crackdowns in some countries, increased by 22%, with 50 out of 141 countries surveyed recording restrictions.
The year 2015 was marked on the one hand by the inability of the European Union (EU) to emerge from the crisis, and on the other by a dramatic rise in the number of people taking flight from their homes and from their homelands, because of wars and terrorist attacks, in many cases caused by the destructive policies of the EU and of its member states.
The world economy stumbled in 2015 and only a modest improvement is projected for 2016/17 as a number of cyclical and structural headwinds persist, says the United Nations World Economic Situation and Prospects (WESP) 2016 report. Global growth is estimated at a mere 2.4% in 2015.
Within a few weeks leftwing governments in Latin America have experienced a breath-taking decline. The Latin American (centre-) left forces suffered several strategic defeats. They occurred in the biggest Latin American economies. First in Argentina, than in Venezuela, and also in Brazil the days of an uncontested majority of left forces are definitely over now.
14 years after their previous strategy on gender mainstreaming, the WBG has decided to develop a new Gender Equality (GE) Strategy. This briefing document presents WIDE+ critical reflections and key recommendations to enhance the new World Bank Group's (WBG) strategy on Gender Equality.