The traditional concept of poverty is outdated, according to a new report released today by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI). New data demonstrate more clearly than ever that labeling countries – or even households – as rich and poor is an oversimplification.
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Global foreign direct investment (FDI) flows fell by 13 per cent in 2018 to $1.3 trillion, the third consecutive year of a decline in FDI, the United Nations Conference on Trade and Development (UNCTAD) has said.
In its World Investment Report 2019, UNCTAD said that the decline was mainly due to large-scale repatriations of accumulated foreign earnings by United States multinational enterprises (MNEs) in the first two quarters of 2018, following tax reforms introduced in that country at the end of 2017.
Going forward, UNCTAD has forecast global investment to see a modest recovery of 10 per cent in 2019. Lees verder
For those who still have doubts: excellent article on the importance of public services for all
AEPF12, Ghent, 29-30 September and 1 October:
The social justice cluster of the Asia Europe People’s Forum is concerned with the growing social distress of people all over the world, faced with multiple problems of war, environmental degradation and climate change, rising inequalities and persistent poverty, economic crises, austerity policies and growing authoritarianism, erosion of human rights, discrimination and intolerance.
At this moment, we are not only faced with a severe social crisis caused by neoliberal policies, but also with the emergence, in Asia and even more in Europe, of illiberal right-wing populist forces, promoting a kind of social policy without any emancipatory or progressive transformative potential. Lees verder