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A Global Debt Explosion

An overview of different articles on the current situation in the South, different eminent authors:

Project Syndicate

Demystifying Bretton Wood’s discourse on public services

Drawing on the specific case of IMF and World Bank’s response to the multiple crisis triggered by the pandemic, a journal article shows that there is a discourse-practice disjuncture in the Bretton Woods institutions approach to public services as they continue to favour austerity and market-oriented solutions for the delivery of public services. The article therefore seeks to demystify the institutions rhetoric and demand the adoption of a different way of understanding public services, and social policy more broadly.

Read Eurodad’s article

2023: A more just world is still possible

Eurodad Director Jean Saldanha looks forward to the challenges and solutions in 2023.

2023: A more just world is still possible – Eurodad

Making labour law fit for all those who work

EU anti-discrimination law applies to all ‘personal work’, the Court of Justice has ruled.

Read the Social Europe article

ILO Recommendation on Social Protection Floors: Can we overestimate its importance?

Interesting reflections from the Global Coalition for Social Protection Floors:

Social Protection on Tumblr

Inequality, once again…

The new Oxfam report on the growing gap between rich and poor

Survival of the Richest: How we must tax the super-rich now to fight inequality (oi-files-d8-prod.s3.eu-west-2.amazonaws.com)

Higher wages will solve the cost of living and jobs crises

ITUC’s annual World Economic and Social Outlook suggests that:

  •  The Ukraine conflict, an uneven recovery from the pandemic and ongoing bottlenecks in supply chains have created the conditions for stagflation in 2023.
  •  The absence of increases in labour incomes have created a cost-of-living crisis that threatens the livelihoods of households and risks depressing demand.
  •  The global jobs gap stood at 473 million in 2022, a rate of 12.3%, with a gender jobs gap to match the gender pay gap: The jobs gap for women is 15%, compared with 10.5% for men.
  •  Global employment is projected to expand by only 1% in 2023, down from 2.3% in 2022.
  •  Only 47% of people worldwide are covered by at least one social protection benefit.
  •  The unemployment rate for young people aged 15-24 is three times higher than that for adults.

The IMF is about to enforce worldwide austerity

What does Georgieva’s New Year’s message really mean?

Read about it in the article by Matteo Tiratelli

The world’s first trillionaire

When will it be? Who will it be?

When the world could see a trillionaire | The Week

A Warning for Today’s Super Rich From Ancient Rome’s Wealthiest Man

An interesting story from Ancient Rome: A Warning for Plutocrats From Ancient Rome’s Wealthiest Man | Time

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