The Tobin tax revitalised

The Tobin Tax was originally conceived as a small tax on global currency transactions which now total more than $300 trillion per annum. The proposal has recently been expanded. This tax proposal has recently been expanded into a two-tier model that includes a surcharge to be triggered during periods of exchange rate turbulence. In addition to raising funds for poverty reduction, the financial stability this will generate is now attracting interest and support from governments and businesses world wide. Sony Kapoor explains this exciting development and the benefits that will accrue to the developing world. He has a background in International Finance and Banking and is now the Policy and Advocacy Advisor to the Tobin Tax Network.


How UK Foreign investment creates refugees and Asylum Seekers

Nicholas Hildyard is active in the Ilisu Dam Campaign, and a founding member of The Refugee Project. The Refugee Project is a coalition of refugee communities and concerned organisations that was created to address the role that UK foreign investment has to play in forcing people to flee their countries. He works for The Corner House, a UK NGO that focuses on human rights, the environment and development. He has been active for the past two decades in analysing the political economy of development and globalisation. In recent years, he has focused on the impact of large-scale infrastructure projects on forced migration. He will be joined by a Kurdish refugee singer and musician in exile and a contributor to the book, “Listen to the Refugee’s Story: How UK Foreign Investment Creates Refugees and Asylum Seekers”.


Contemporary forms of slavery: A political economy

christien_van_den_ankerA look at contemporary forms of slavery, including debt bondage, child labour, trafficking and abuse of migrant domestic workers, with case studies in four continents. Suggested possible action includes prevention and reparation, taxation and trade measures. Dr Van Den Anker is a Lecturer at the Centre for the Study of Global Ethics, Univ. of Birmingham, and convenor of the British International Studies Association’s Working Group on Global Ethics. Her Book “The political Economy of slavery” is published by Palgrave Macmillan (order online 1), and she is currently preparing a book on Global Social Justice. www.globalethics.ac.uk



Who profits from famine?

Why do World Bank and IMF staff members push policies that will cause a famine? Why do aid workers, civil servants, and politicians endorse them? Peter Griffiths looks at the case where the World Bank forced a reform programme on Sierra Leone, privatizing food imports. This created a famine situation. Paul Griffiths is an insider: an economist who has worked freelance for the World Bank, FAO, UN Development Project and other aid organisations, and as a civil servant in several Third World countries. His recent book: “The Economist’s Tale: A Consultant Encounters Hunger and the World Bank” is published by Zed Books (see AMAZON).


Haiti: First independent Black Republic

This year marks the 200th Anniversary of Haitian indepedence, and Rod Prince, a retired journalist who has specialised in Caribbean matters since 1980, will sketch the background of this fascinating country, consistently ignored by the media. Haiti is the poorest country in the Western hemisphere; having fought off three world empires, it is in danger of succumbing to neo- liberal policies and ending up as a dumping ground for goods from its rich neighbour to the north.. Rod Prince has worked for Peace News, Agence France-Presse, Latin America Newsletters and Carribean Insight. His book on the Duvaliers “Haiti: Family Business” was published by the Latin American Bureau in 1985 (LAB).
Links: See reference to Latin American issues in the Anti-Corruption Ring Online


The terrorist money trail

loretta_napoleoniDr. Napoleoni traces the ‘economy of terror’ world-wide, and maps out a 1.5 trillion dollar economic system feeding illegal organisations from Al Quaeda to the Contras. This circuit comprises illegal businesses such as arms and narcotics, oil and diamond smuggling, and includes charitable donations in an intricate system of finance, revealing the inter-dependency between economics run by armed groups and western economies. Dr. Napoleoni is the first author to tackle the issues raised by September 11th from a specifically economic perspective. Shifting the focus away from religion and culture, Napoleoni assesses the role of the West in the development of armed organisations. She is an economist and an expert on terrorism. Her book “Modern Jihad, the New Economy of Terror” is published by Pluto Press.