Our 12 point plan for democratic economic governance.
New out today is Put People First’s policy platform report. It’s our analysis of the job ahead of the G20 leaders, and a 12 point plan that could go a long way towards delivering democratic governance of the economy for jobs, justice and climate. You can download a copy of the report here in Adobe PDF format, but here are our headline recommendations:
- Compel tax havens to abide by strict international rules.
- Insist on fundamental governance reform of the World Bank and International Monetary Fund (IMF).
- Make all financial institutions, financial products and multinationals transparent and publicly accountable.
- Ensure a massive investment in a green new deal to build a green economy based on decent work and fair pay.
- Invest in and strengthen public provision of essential services.
- Work to ensure sufficient emergency funding to all countries that need it, without damaging conditionalities attached.
- Deliver 0.7% of national income as aid by 2013, deliver aid more effectively and push for the cancellation of all illegitimate and unpayable developing country debts.
- Ensure that poorer states are allowed to take responsibility for managing their economies, including controlling
cross-border capital flows.
- Stop pushing developing countries to liberalise and deregulate their economies, and do not attempt to rush through a completion of the Doha trade round, a deal that developing countries have rejected several times.
- In addition to the green new deal, introduce the robust regulatory requirements and financial incentives needed to deliver a green economy.
- Push for a deal at Copenhagen to agree substantial, verifiable cuts in greenhouse gases, which will limit temperature increases to well below 2°C.
- Commit to substantial new resource transfer from North to South, additional to Overseas Development Assistance (ODA), to support adaptation and sustainable development in poor countries.
March 13th, 2009