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Issue 1/Jan-Feb 2010

Contents

* The Superiority of the Financial Transaction Tax. Strong support in Europe
There is an extraordinary strong support of civil society in Europe for the Financial Transaction Tax (FTT). This reflects a general trend in public opinion. Not only many politicians – Merkel, Sarkozy, Brown, Barroso – have supported the FTT, there is – like all opinion polls show – an overwhelming majority of people who want to see finally some substantial steps towards a strict regulation of financial markets and towards making pay the financial industry – at least partly – for the damage they have caused. By Peter Wahl*)

* Global Unemployment on Record Levels. ILO’s Global Employment Trends
The number of jobless worldwide reached nearly 212 million in 2009 following an unprecedented increase of 34 million compared to 2007, on the eve of the global crisis, the International Labour Office (ILO) says in its recent annual “Global Employment Trends” report (see reference). Based on IMF economic forecasts, the ILO estimates that global unemployment is likely to remain high through 2010. A WDEV summary and a comment by C.P. Chandrasekhar

* A New Beginning in European Development Policy? Think tanks present memorandum
The European Union (EU) has a number of new faces in its Commission, a European Parliament whose hand has been strengthened by the Treaty of Lisbon, and a promise by the member states to improve the coordination of European foreign policy in its various facets. With the new EU Commission in the process of constitution, the “European Think-Tanks Group” has presented a new memorandum. By Sven Grimm and Simon Maxwell

* New Trade and Environment Review by UNCTAD: Clean growth is possible in developing world
The stress of the global financial crisis – as well as concerns about climate change and food prices – should be used by developing countries to shift towards "clean" growth, a new UNCTAD report recommends. It says such progress is possible and affordable with existing technology, based on the right strategy and incentives. Carla September reports

* Seperately (as free content): The European Civil Society Round-Up

WDEV 1/Jan-Feb 2010 as PDF file for subscribers >>> HERE


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