Debate over the role of the private sector, especially corporations and financial entities, is gaining momentum in the United Nations.(...)
Via internet, CADTM is very pleased to make this book, "Debt crisis from Europe to Where ?" published by VAK in Mumbai (India), available to a wide public. It may be freely copied by other sites and reproduced for non profit uses provided that a link to the CADTM website is clearly visible (www.cadtm.org). Feel free to send your comments and information on the personal or collective use you make of this book to email@example.com. Your messages will be forwarded to the authors.(...)
Presentation held at the conference: „TOGETHER we can put an end to the problems of debt and austerity in Europe !” by the European Left, April, 10th, 2014, Brussels(...)
The real issue, however, is whether mature economies are in long-term stagnation and not merely performing poorly after the crisis. Long-term stagnation is a very serious problem as incomes suffer, employment becomes weak, welfare declines, economic instability is exacerbated, and social tensions rise.(...)
The IMF and the World Bank: It’s time to replace them
In 2014, the World Bank and the IMF will turn 70, and in October 2013, they will hold their usual annual meeting in Washington. Many organisations, including the CADTM, are joining together to call for a worldwide week of action against illegitimate debt and international financial institutions, from 8 to 15 October 2013. This article assesses the performance of the IMF and the World Bank, and offers ideas for a new international (...)
The purpose of the attached study just issued by LATINDADD (Latin American Network on Debt,Democracy and Rights) is to analyze the impact of DTAs (Double Taxation Agreements)
on the government fi nancing system and the tax structure in Latin America,
and to open the dialogue to establish more progressive and fairer tax systems
in the region.
Only a few years ago governments, corporations, and energy analysts were fixated on the problem of “the end of cheap oil” or “peak oil,” pointing to growing shortages of conventional crude oil due to the depletion of known reserves.Today all of this has changed radically with the advent of what some are calling a new energy revolution based on the production of unconventional fossil fuels,(...)
Hydrofracking turns out to be an ideal vehicle for explaining key economic concepts of market failure and market power.(...)
Series: Banks versus the People: the Underside of a Rigged Game! (Part 8)
Banks bluff in a completely legal way.
If a bank posts significant losses (a major corporation goes bankrupt and cannot pay back a loan, or more often, due to losses on financial products traded on the derivatives market, such as ABS-RMBS, and CDOs, in particular linked to the real estate crisis or bad bets on how the exchange rate or interest rate will evolve, and even sometimes losses on government (...)