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<title>Economics</title>
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<description>This is economics and development from GGW</description>
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<title><![CDATA[ILO Seeks "Global Policy Coordination" to Tackle Unemployment]]></title>
<link>http://www.un.org/apps/news/story.asp?NewsID=41018&Cr=unemployment&Cr1=</link>
<description><![CDATA[In its Global Employment Trends 2012 report, the International Labour Organization identifies three steps to improving the world&#39;s unemployment problem: coordinating global economic policies; placing more regulations on the financial system; and focusing stimulus measures on unemployment. To read more, click here.]]></description>
<pubDate>Fri, 03 Feb 2012 00:00:00 EST</pubDate>
<guid>http://www.un.org/apps/news/story.asp?NewsID=41018&Cr=unemployment&Cr1=</guid>
</item>
<item>
<title><![CDATA[State Department Appoints Members of Advisory Panel on OECD Guidelines]]></title>
<link>http://www.state.gov/r/pa/prs/ps/2012/01/182844.htm</link>
<description><![CDATA[The State Department has appointed representatives from business, labor, civil society, academia to serve on a Stakeholder Advisory Board on the U.S. National Contact Point for the Organization for Economic Cooperation and Development (OECD) Guidelines for Multinational Enterprises. To read more, click here.]]></description>
<pubDate>Mon, 30 Jan 2012 00:00:00 EST</pubDate>
<guid>http://www.state.gov/r/pa/prs/ps/2012/01/182844.htm</guid>
</item>
<item>
<title><![CDATA[HR Groups Petition UN on Business & Human Rights]]></title>
<link>http://www.globalgovernancewatch.org/spotlight_on_sovereignty/hr-groups-petition-un-on-business--human-rights</link>
<description><![CDATA[The United Nations Working Group on Human Rights and Transnational Corporation and Other Business Enterprises held its first public, informal exchange with stakeholders at the Palais des Nations in Geneva, Switzerland on January 20 and the Federalist Society was there as an observer.]]></description>
<pubDate>Wed, 25 Jan 2012 00:00:00 EST</pubDate>
<guid>http://www.globalgovernancewatch.org/spotlight_on_sovereignty/hr-groups-petition-un-on-business--human-rights</guid>
</item>
<item>
<title><![CDATA[European Commission Selects Business and Human Rights Consultants]]></title>
<link>http://ec.europa.eu/enterprise/newsroom/cf/itemlongdetail.cfm?item_id=5695&lang=en&tpa_id=0</link>
<description><![CDATA[The European Commission&#39;s Directorate-General for Enterprise and Industry has announced that the Institute for Human Rights and Business and Shift, an independent non-profit firm, will develop sector-specific guidance on the corporate responsibility to respect human rights. To read more, click here.]]></description>
<pubDate>Mon, 23 Jan 2012 00:00:00 EST</pubDate>
<guid>http://ec.europa.eu/enterprise/newsroom/cf/itemlongdetail.cfm?item_id=5695&lang=en&tpa_id=0</guid>
</item>
<item>
<title><![CDATA[IMF Official Offers Vision for IMF-Asia Cooperation]]></title>
<link>http://www.imf.org/external/np/speeches/2012/011612.htm</link>
<description><![CDATA[In a recent speech in Hong Kong, David Lipton, First Deputy Managing Director, International Monetary Fund, explained his vision for how Asia and the IMF can work together to "ensure stability and prosperity for the region and for the world." To read more, click here.]]></description>
<pubDate>Sat, 21 Jan 2012 00:00:00 EST</pubDate>
<guid>http://www.imf.org/external/np/speeches/2012/011612.htm</guid>
</item>
<item>
<title><![CDATA[Brazil Stock Exchange Recommends Sustainability Reporting]]></title>
<link>http://www.greenbiz.com/blog/2012/01/09/brazilian-stock-exchange-nudges-companies-toward-csr-reporting</link>
<description><![CDATA[The Brazilian Stock Exchange is recommending that its listed companies publish a regular sustainability report, which would require them to report on financial, environmental, social, and corporate governance ("ESG") issues. To read more, click here.]]></description>
<pubDate>Sat, 21 Jan 2012 00:00:00 EST</pubDate>
<guid>http://www.greenbiz.com/blog/2012/01/09/brazilian-stock-exchange-nudges-companies-toward-csr-reporting</guid>
</item>
<item>
<title><![CDATA[Parliamentarians Pursue European Economic Governance]]></title>
<link>http://www.europarl.europa.eu/news/en/pressroom/content/20120105IPR34873/html/Reinforced-economic-union-MEPs-call-for-roadmap-towards-eurobonds</link>
<description><![CDATA[Concurrent with the drafting of the "international agreement on a reinforced economic union," several MEPs are aiming for enhanced economic governance and economic growth in the euro area. To read more, click here.]]></description>
<pubDate>Wed, 18 Jan 2012 00:00:00 EST</pubDate>
<guid>http://www.europarl.europa.eu/news/en/pressroom/content/20120105IPR34873/html/Reinforced-economic-union-MEPs-call-for-roadmap-towards-eurobonds</guid>
</item>
<item>
<title><![CDATA[WEF Chief Says Capitalism "No Longer Fits"]]></title>
<link>http://www.swissinfo.ch/eng/specials/world_economic_forum/WEF_seeks_to_rewire_global_leadership.html?cid=31956150</link>
<description><![CDATA[As the next edition of the World Economic Forum opens in Davos, Switzerland, WEF founder and chairman, Klaus Schwab, told the media that established systems of governance and business are in urgent need of a radical overhaul. To read more, click here.]]></description>
<pubDate>Wed, 18 Jan 2012 00:00:00 EST</pubDate>
<guid>http://www.swissinfo.ch/eng/specials/world_economic_forum/WEF_seeks_to_rewire_global_leadership.html?cid=31956150</guid>
</item>
<item>
<title><![CDATA[New UN Working Group Pursues Global Governance of Business]]></title>
<link>http://www.globalgovernancewatch.org/spotlight_on_sovereignty/new-un-working-group-pursues-global-governance-of-business</link>
<description><![CDATA[The UN Working Group on Human Rights and Transnational Corporations and Other Business Enterprises was launched in November 2011 by the UN Human Rights Council to identify and promote good practices and lessons learned on the implementation of the UN Framework and Guiding Principles on business and human rights.]]></description>
<pubDate>Wed, 04 Jan 2012 23:00:00 EST</pubDate>
<guid>http://www.globalgovernancewatch.org/spotlight_on_sovereignty/new-un-working-group-pursues-global-governance-of-business</guid>
</item>
<item>
<title><![CDATA[Leading Indian Industrialist Criticizes World Economic Forum]]></title>
<link>http://www.breitbart.com/article.php?id=CNG.5d4866e77b6f7d7b4a432c8d01267956.621&show_article=1</link>
<description><![CDATA[Top Indian industrialist, Rajiv Bajaj, mocked the World Economic Forum in Davos on Tuesday, saying the annual power bash in the Swiss Alps was the source of half the world&#39;s problems. To read more, click here.]]></description>
<pubDate>Wed, 04 Jan 2012 18:00:00 EST</pubDate>
<guid>http://www.breitbart.com/article.php?id=CNG.5d4866e77b6f7d7b4a432c8d01267956.621&show_article=1</guid>
</item>
<item>
<title><![CDATA[UN Agency Says Austerity Measures Threaten Global Economy]]></title>
<link>http://www.chicagotribune.com/business/breaking/chi-un-panel-calls-austerity-push-a-threat-to-world-economy-20111219,0,1283185.story</link>
<description><![CDATA[The United Nations Conference on Trade and Development ("UNCTAD") has warned that the efforts by the governments of developed economies to implement austerity programs could push the global economy into a recession. To read more, click here.]]></description>
<pubDate>Wed, 28 Dec 2011 00:00:00 EST</pubDate>
<guid>http://www.chicagotribune.com/business/breaking/chi-un-panel-calls-austerity-push-a-threat-to-world-economy-20111219,0,1283185.story</guid>
</item>
<item>
<title><![CDATA[Commentator Laments Loss of National Sovereignty Under EU Deal]]></title>
<link>http://www.csmonitor.com/World/Backchannels/2011/1208/Merkel-Sarkozy-to-Europe-shelve-your-sovereignty-save-the-euro</link>
<description><![CDATA[According to Dan Murphy of the Christian Science Monitor, the plan put forth from the German and French leaders to save the euro amounts to a call for European states to give up full control over their own spending. To read more, click here.]]></description>
<pubDate>Mon, 19 Dec 2011 00:00:00 EST</pubDate>
<guid>http://www.csmonitor.com/World/Backchannels/2011/1208/Merkel-Sarkozy-to-Europe-shelve-your-sovereignty-save-the-euro</guid>
</item>
<item>
<title><![CDATA[EU to Provide Up to 200 Billion Euros to IMF as Economic Safety Measure]]></title>
<link>http://www.imf.org/external/pubs/ft/survey/so/2011/NEW120911A.htm</link>
<description><![CDATA[Member States of the European Union plan to provide up to 200 billion euros to the International Monetary Fund (IMF) to reinforce the global lender as it helps tackle fallout from the European debt crisis and the ongoing economic slowdown. To read more, click here.]]></description>
<pubDate>Wed, 14 Dec 2011 00:00:00 EST</pubDate>
<guid>http://www.imf.org/external/pubs/ft/survey/so/2011/NEW120911A.htm</guid>
</item>
<item>
<title><![CDATA[European Commission Lauds Italy's Austerity Measures]]></title>
<link>http://ec.europa.eu/economy_finance/articles/governance/2011-12-04-rehn-speech-italy_en.htm</link>
<description><![CDATA[Following the adoption by the Italian Government of a "significant package of budgetary and economic policy measures," the Vice President of the European Commission in charge of Economic and Monetary Affairs and the Euro, Olli Rehn, declared the measures to be timely and ambitious. To read more, click here.]]></description>
<pubDate>Wed, 14 Dec 2011 00:00:00 EST</pubDate>
<guid>http://ec.europa.eu/economy_finance/articles/governance/2011-12-04-rehn-speech-italy_en.htm</guid>
</item>
<item>
<title><![CDATA[UN Official Calls Climate Finance a Legal Obligation and 'Moral Responsibility']]></title>
<link>http://www.ohchr.org/en/NewsEvents/Pages/DisplayNews.aspx?NewsID=11697&LangID=E</link>
<description><![CDATA[In a recent message, the United Nations Independent Expert on foreign debt and human rights, Cephas Lumina, underscored the need to avoid over-reliance on private capital and market-based instruments for climate finance "as these would cause the public interest to be subordinated to the unfettered pursuit of profit." To read more, click here.]]></description>
<pubDate>Wed, 14 Dec 2011 00:00:00 EST</pubDate>
<guid>http://www.ohchr.org/en/NewsEvents/Pages/DisplayNews.aspx?NewsID=11697&LangID=E</guid>
</item>
<item>
<title><![CDATA[Switzerland Explains Specific Instances Procedure under OECD Guidelines]]></title>
<link>http://www.globalgovernancewatch.org/docLib/20111214_InformationonSpecificOct_2011.pdf</link>
<description><![CDATA[Swiss authorities have released a detailed explanation of the Specific Instances Procedures under which its National Contact Point is to review cases filed by parties alleging that businesses have failed to comply with the OECD Guidelines on Multinational Enterprises. To read more, click here.]]></description>
<pubDate>Wed, 14 Dec 2011 00:00:00 EST</pubDate>
<guid>http://www.globalgovernancewatch.org/docLib/20111214_InformationonSpecificOct_2011.pdf</guid>
</item>
<item>
<title><![CDATA[UN Promotes Economic Stimulus Agenda as Solution to Crisis]]></title>
<link>http://www.un.org/apps/news/story.asp?NewsID=40586&Cr=economic+crisis&Cr1=</link>
<description><![CDATA[In the face of a massive global economic crisis that national governments are addressing through austerity measures, a new report from the UN Department of Economic and Social Affairs calls for additional stimulus measures to be taken as well as more forceful international coordination to stimulate job creation and investment. To read more, click here.]]></description>
<pubDate>Sun, 11 Dec 2011 00:00:00 EST</pubDate>
<guid>http://www.un.org/apps/news/story.asp?NewsID=40586&Cr=economic+crisis&Cr1=</guid>
</item>
<item>
<title><![CDATA[Possible EU Governance of National Budgets Puts Pressure on Cameron]]></title>
<link>http://www.telegraph.co.uk/comment/telegraph-view/8935835/Where-do- you-stand-on-Europe-Prime-Minister.html</link>
<description><![CDATA[According to the editors of The Daily Telegraph, the proposal of French President Sarkozy and Germany&#39;s Chancellor Merkel to require EU member states to amend the EU Treaty to provide for EU oversight of national budgets places UK Prime Minister David Cameron in a difficult position. To read more, click here.]]></description>
<pubDate>Wed, 07 Dec 2011 00:00:00 EST</pubDate>
<guid>http://www.telegraph.co.uk/comment/telegraph-view/8935835/Where-do- you-stand-on-Europe-Prime-Minister.html</guid>
</item>
<item>
<title><![CDATA[Lowery: Europe Slouches Toward "Illiberal Post-Democracy"]]></title>
<link>http://www.nationalreview.com/articles/284692/rise-post-democratic- europe-rich-lowry</link>
<description><![CDATA[National Review Editor Rich Lowery explains that the proposed economic integration of the European Union threatens national sovereignty. To read more, click here.]]></description>
<pubDate>Wed, 07 Dec 2011 00:00:00 EST</pubDate>
<guid>http://www.nationalreview.com/articles/284692/rise-post-democratic- europe-rich-lowry</guid>
</item>
<item>
<title><![CDATA[KPMG Chair Calls for Global Accounting Standards]]></title>
<link>http://www.reuters.com/article/2011/11/25/kpmg-hongkong- idUSH9E7KM01G20111125</link>
<description><![CDATA[In the face of fraud at Olympus Corp, KPMG Chairman Michael Andrew has called for the development and implementation of global accounting standards and more regulatory oversight of auditing firms. To read more, click here.]]></description>
<pubDate>Wed, 07 Dec 2011 00:00:00 EST</pubDate>
<guid>http://www.reuters.com/article/2011/11/25/kpmg-hongkong- idUSH9E7KM01G20111125</guid>
</item>
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