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Goals for the Rich

Notes for the presentation by Roberto Bissio to the Stockholm Seminar, February 14, 2013. Goals for the Rich. Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012. Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012. The boom and the busted.

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Goals for the Rich

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  1. Notes for the presentation by Roberto Bissioto the Stockholm Seminar, February 14, 2013 Goals for the Rich

  2. Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  3. Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  4. The boom and the busted The boom and the busted Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  5. Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  6. The pie grew, the slice of the poor didn't The glaringly obvious reason for the divergence between the trends on economic and social indicators is the growing inequality within and between countries. According to the September 2011 issue of “Finance and Development”, a publication of the International Monetary Fund, “in 2010, real per capita income in the United States was 65 percent above its 1980s level and in the United Kingdom, 77 percent higher. Over the same period, inequality in the United States increased from about 35 to 40 or more Gini points, and in the United Kingdom, from 30 to about 37 Gini points. These increases reflect significant adverse movements in income distributions. Overall, between the mid-1980s and the mid-2000s, inequality rose in 16 out of 20 rich OECD countries ». The Gini coefficient is the most used measure of inequality and ranges from 0, when everybody has the same income, to 1 when a single individual receives all the wealth of a society. Brazil is one of the few countries where inequalities have diminished in the last decade from over 60 to nearly 55. The world as a whole is more unequal than any country, with a Gini value of around 70. Thus, the hard numbers prove that prosperity does not « trickle down.» It used to be common sense that a growing economy benefits the poor, that a rising tide will lift all boats, big or small, or that the pie has to grow first before we can share it, but the trends in terms of the indicators of social progress seem to show the opposite. Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  7. Already Existing Goals for the Rich 0.7% of GDP as ODA (established 1973) Get rid of agricultural subsidies (promised at the start of the Doha “Development” Round, 2001 and in the Hong Kong Declaration of 2005) Change governance of the Bretton Woods Institutions (promised in Monterrey, 2002) Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  8. Goal 8: Global partnership Target 12:Develop further an open, rule-based, predictable, non-discriminatory trading and financial system. Target 13: Address the special needs of the least developed countries. Target 14: Address the special needs of landlocked developing countries and small island developing States . Target 16: In cooperation with developing countries, develop and implement strategies for decent and productive work for youth. Target 17: In cooperation with pharmaceutical companies, provide access to affordable essential drugs in developing countries. Target 18: In cooperation with the private sector, make available the benefits of new technologies. Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  9. A group of 18 leading civil society activists and scholars from around the globe released a joint report titled „No future without justice“. • A joint initiative of Dag Hammarskjöld Foundation, Social Watch, Third World Network, Development Alternatives with Women for a New Era (DAWN), the Friedrich-Ebert-Stiftung, Global Policy Forum and terre des hommes. • www.reflectiongroup.org

  10. The Human Rights framework:all rights for all . The goals were already set in 1948 According to the 1993 Vienna Declaration: "All human rights are universal, indivisible and interdependent and interrelated. The international community must treat human rights globally in a fair and equal manner, on the same footing, and with the same emphasis" (paragraph 5). This includes all civil and political rights, equality between women and men, rights of the child, to food, water, housing, health care and education. Right to work, rights at work and right to social security. Among others. . The variable is the time, not the goal . The Universal Periodic Review provides an accountability framework Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  11. The common principles - Do not harm - Polluter pays - Common but differentiated responsibilities - Precautionary principles - Subsidiarity principle - Free, prior and informed consent - Peaceful dispute settlement - Respect for nature - Freedom, equality and diversity Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  12. GSG 1: Dignity and Human Rights For All ›› Poverty eradication ›› Full employment ›› Decent work ›› Social security ›› Food security ›› Water/sanitation ›› Housing ›› Health, including reproductive health ›› Education ›› Cultural diversity ›› Fundamental freedoms (movement, religion, thought, speech, information, association, sexual orientation) Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  13. GSG 2: Equality and Justice Targets on: ›› Gender equality and equity, and women’s empowerment ›› Income and wealth (Gini coefficient or similar measure) ›› Reduction of harmful tax competition ›› Transparency of financial flows Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  14. GSG 3: Nature and the Planetary Boundaries ›› Climate change/per capita greenhouse gas emissions ›› Rate of biodiversity loss ›› Nitrogen input to the biosphere ›› Global freshwater use ›› Change in land use ›› Ocean acidification ›› Interference with the global phosphorous cycle ›› Ozone depletion ›› Chemical pollution ›› Deforestation ›› Renewable energy Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  15. GSG 4: Peace and Disarmament Targets on: ›› Abolition of nuclear weapons ›› Reduction of production and trade of arms (including small weapons) ›› Reduction of military expenditures Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  16. GSG 5: Fair and Resilient Financial Systems Targets on: ›› Reducing macroeconomic imbalances ›› Global currency mechanism to prevent volatile fluctuations and competitive devaluations ›› Debt workout mechanisms ›› Elimination of environmentally and socially harmful subsidies ›› Total economic valuation of Foreign Direct Investment and TNC activities Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  17. GSG 6: Democracy and participation Targets on: ›› Access to participation in decision-making for all (at all levels) ›› Access to complaint mechanisms (ombudsmechanisms) for all in case of rights violations or violations of rights of future generations at all levels of governance. ›› Full citizen rights for residents and eradication of discriminatory practices against immigrants, migrants, refugees and asylum seekers ›› Citizen empowerment Talking Notes by Roberto Bissio – Goals for the Rich – Stockholm, Feb 14, 2012

  18. Monitoring and Accountability In a letter to the negotiators preparing for the Rio+20 Summit on sustainable development, two dozen special rapporteurs of the UN Council, the globally most trusted independent experts on Human Rights, expressed that "commitments will remain empty promises without effective monitoring and accountability". Accountability should be both international and domestic. Monitoring should be through the Universal Periodic Review of the Human Rights Council or a similar ad hoc mechanism. Nationally, independent monitoring bodies should be created or strengthened "that enable civil society participation not only in defining the indicators to measure progress, but also in providing information to evaluate implementation." In a highly unequal world, "mutual accountability" as defined in an aid-related agenda is not an appropriate mechanism. The monitoring of developing countries performance cannot be in the hands of the donors or in the framework of a donor-recipient relationship, but should be the role of the carefully balanced human rights mechanisms. All countries are accountable to their respective obligations, including the obligation to assist and the obligation to ensure that economic policies (including trade and investment policies) and the activities of corporations do not impact negatively over the human rights of people living in poverty.

  19. Independent monitoring

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