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Archive for 2014

Thank you for acting for tax justice in 2014!

Posted on December 18, 2014 by Sian Crowley

Boxes letter collage2

An overview of our work for tax justice in 2014

In 2014, DDCI’s tax justice work focused on tax transparency. In the global tax system, transparency is vital to stop tax dodgers moving profits around the world to avoid tax, often from countries of the global south to lower tax regimes, such as Ireland.

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$2 lost for every $1 dollar gained: the single fact that shows how the global financial system fails poor countries

Posted on December 18, 2014 by Sian Crowley

Gain Lose inforgraphic

Written by Jesse Griffiths, Director of the European Network on Debt and Development (Eurodad

This will make you angry. After six months crunching all the best data from international institutions, here’s what we found: for every dollar developing countries have earned since 2008, they have lost $2.07.  In fact, lost resources have averaged over 10% of their Gross Domestic Product (GDP). 

We’re not talking about all flows of money out of developing countries, just the lost resources: money that should have been invested to support their development, but instead was drained out. Twice as much is leaking – or rather flooding – out than the combined inflows of aid, investment, charitable donations and migrant remittances.

Image that explains how for every $ 1 poor countries gain, they lose more than $ 2.

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Ending corporate secrecy: time for the Government to support Anti-Money Laundering Directive

Posted on November 12, 2014 by Sian Crowley

Stop Tax Dodging

by DDCI Policy Officer Morína O'Neill.

This opinion piece was originally published in the Irish Times on Wednesday November 12th 2014.

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It's Global Debt Week - Time to Take Action!

Posted on October 14, 2014 by Sian Crowley

stop the vultures jdc

“Stop the Vulture Funds”

It’s Debt Week!

Or, to use its longer title, this week is Global Week of Action Against Illegitimate Debt, which officially runs from October 8th until 15th, but in DDCI we are running events right up until Saturday October 18th

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Guest Blog Post: Why We Shouldn't Pay the Debt - By Sergi Cutillas

Posted on July 29, 2014 by Sian Crowley

marc rodriguez porcell 2011 - People drowning in a sea of Debt - taken from ODG website

Why we shouldn't pay the debt - Reasons and alternatives

In this post we are delighted to welcome Sergi Cutillas from ODG, 'Observatorio de la Deuda en la Globalización', which means 'Debt Observatory in Globalization' in English. Based in Barcelona, ODG are a global social justice organisation whose goal is to bring about "structural change in the global relations of unequal exchange, grabbing and dispossession" and "act in solidarity with the people of the Global South directly affected, working together as part of the same battle against the current capitalist "development" model which impoverishes us." (ODG Website) Truly inspirational stuff! If you haven't heard of them before I highly recommend taking a look at their freshly updated website here.

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EU Finance Ministers must stop the business masquerade

Posted on June 19, 2014 by Sian Crowley

BO_Boardroom_stunt

EU Finance Ministers must stop the business masquerade 

 

Take action now!

Despite the many political speeches about creating financial transparency, the public have still not won the right to know the names of people who control the companies operating in our societies. And despite it being common knowledge that some of these anonymous legal structures, including both companies and trusts, are being used to launder money from tax evasion, drug trafficking and corruption, EU finance ministers are still hesitating to take action. Meanwhile, the European Parliament has come out in strong support of taking the necessary step to solve the problem – to put an end to secrecy and create public registries showing who actually owns companies, trusts, and similar legal structures.

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Get up, Stand up for rights of the Caribbean

Posted on June 10, 2014

caribbean-flags

 

by Nessa Ni Chasaide

As the European debt crisis continues to hit the headlines there has been little public discussion about other regions in the world where people are also living in debt distress. Using the latest IMF statistics, DDCI’s counterparts in Germany, Erlassjahr, recently published a useful overview of the state of debt in the world regions, beyond the Eurozone.  The debt crisis hotspots they highlight include:

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Guest Blogger Jean Somers Recalls Over Twenty Years in the Debt Justice Movement

Posted on May 14, 2014

Jean and Nessa

We are delighted to have a guest blog post from long-term debt justice activist and previous co-ordinator of DDCI Jean Somers to launch our new blog roll. Here's a picture of Jean with current co-ordinator Nessa Ní Chasaide in 2012.

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Twenty Years of the Debt Justice Movement

Jean Somers 

This blog is based on my experience working with Ireland’s campaign for debt cancellation for countries in the global south from 1993 – 2005, and my more recent involvement in Debt Justice Action: Anglo not Our Debt. 

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