Finance & Trade
UN Official Urges Bigger Global Governance Role for Emerging Economies
February 22, 2012
UN Deputy Secretary-General Asha-Rose Migiro has called for the broader inclusion of emerging economies in global governance mechanisms.Brussels to Review National Budgets Prior to Approval
February 22, 2012
According to the Financial Times, European Union finance ministers have agreed on rules that will give the EU more powers to scrutinize eurozone countries' budgets, even before they are approved by national parliaments.World Bank Applauds Georgia's Reforms
February 17, 2012
In a recent report, Fighting Corruption in Public Services: Chronicling Georgia's Reforms, the World Bank chronicles how Republic of Georgia officials, led by President Mikheil Saakashvili, improved transparency and integrity in the delivery of a range of specific public services, including tax collection, higher education, electricity distribution, and property and business registration.UN Business and Human Rights Working Group Determines Initial Work Program Priorities
February 15, 2012
The new UN Working Group on the issue of human rights and transnational corporations and other business enterprises has announced that its priorities will be visiting countries and regions to disseminate and support the implementation of the UN Guiding Principles for Business and Human Rights; engaging in regular dialogue and cooperation with States and other stakeholders; and submitting its first annual report to the Human Rights Council at the 20th session of the Council (June 2012).UN Official Sees Taxes as Essential to Global Welfare State
February 12, 2012
In a recent speech, UN Commission on Social Development Chairman, Jorge Valero, proposed "progressive policies of taxation" that would provide tax revenues to realize "universal access to basic social protection and social services."Eurozone Countries Sign Financial Stability Mechanism Treaty
February 8, 2012
On February 2, Euro-zone countries signed a treaty to create the new European Stability Mechanism, which, if ratified, would create an international financial institution that could grant loans to its members, provide precautionary financial assistance, purchase bonds of beneficiary member states on primary and secondary markets; and provide loans for recapitalization of financial institutions.State Department Appoints Members of Advisory Panel on OECD Guidelines
January 30, 2012
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.IMF Official Offers Vision for IMF-Asia Cooperation
January 21, 2012
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."WEF Chief Says Capitalism "No Longer Fits"
January 18, 2012
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.WWF Criticizes Greek Austerity Measures
January 18, 2012
In letters addressed to International Monetary Fund Managing Director Christine Lagarde and European Commission President Jose Manuel Barroso, WWF alleges that austerity measures taken to fix the economic crisis in Greece have caused significant environmental setbacks.A JOINT PROGRAM OF
