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Some of their remedies involve higher taxes for the wealthy that would not disrupt productivity, public-private partnerships, productive government spending. And, yes, they have given or have pledged to give millions for public education, philanthropic foundations. Ray Dalio – [Capitalism] doesn’t need to be destroyed, capitalism does need to present an equal opportunity, which he…
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By Leo Jaymar G. Uy, Businesssworld, Sep 9, 2018 FEDERALISM is a “strong predictor” of higher income inequality in developing economies and higher poverty on average for all countries, a study by the University of the Philippines School of Economics (UPSE) said.
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By: Roy Stephen C. Canivel, Philippine Daily Inquirer, May 11, 2018 There will be more “ultrarich” people in the Philippines by 2022, growing at a rate considered the second highest in the world.
By Melissa Luz T. Lopez, Businessworld, Apr 18, 2018 THE PHILIPPINES can be expected to lead growth across major Asian economies, except India, up to 2019, according to an International Monetary Fund (IMF) report that nevertheless showed the country suffering the worst unemployment in Southeast Asia in the same years.
World leaders urged to act as anger over inequality reaches a ‘tipping point’ by Michael Savage Policy editor, Apr 7, 2018 The world’s richest 1% are on course to control as much as two-thirds of the world’s wealth by 2030, according to a shocking analysis that has lead to a cross-party call for action.
By Amy B Wang, Mar 7, 2018 In a move that can only be described as utterly Canadian, hundreds of doctors in Quebec are protesting their pay raises, saying they already make too much money. As of Wednesday afternoon, more than 700 physicians, residents and medical students from the Canadian province had signed an online…
by Ian Nicolas Cigaral, Feb 9, 2018, PhilStar Global MANILA, Philippines — Income inequality in the Philippines grew over the two years to 2014, according to a new report from Oxfam International.
CEO sends message to employees of the oldest and largest conglomerate in PH By: Jaime Augusto Zobel de Ayala – @inquirerdotnet, Jan 28, 2018 I write this note as part of a new tradition that I wanted to implement this year. So many events happen in any given year and there is never much time…
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By Anis Chowdhury and Jomo Kwame Sundaram, Jan 23, 2018 SYDNEY and KUALA LUMPUR, Jan 23 2018 (IPS) – As the ‘masters of the universe’ gather for their annual retreat at Davos, the World Economic Forum (WEF) has just published its Inclusive Development Index (IDI) for the second time.
By Ivana Kottasová, CNN Money, Jan 22, 2018 (CNN Money) — More than $8 of every $10 of wealth created last year went to the richest 1%. That’s according to a new report from Oxfam International, which estimates that the bottom 50% of the world’s population saw no increase in wealth.
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By Rea Cu, Businessmirror, Jan 16, 2018 The Department of Finance (DOF) has formally submitted to the House of Representatives on Monday the second package of the Duterte administration’s Comprehensive Tax Reform Program (CTRP) that aims to reduce corporate income tax (CIT) rates and “modernize” fiscal incentives.
by Nick Bunker, Jan 16, 2018 A well-known “stylized fact” in economics holds that the distribution of income between labor (wages and salaries) and capital (stocks and bonds) is fairly stable over time. Yet quite a number of researchers find that the share of income going to labor has been on the decline over the…
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By AC Nicholls, CNN Philippines, Jan 11, 2018 Philippines, January 11) — Anti-Poverty Chief Liza Maza said the tax reform law will make it difficult for around 21 million Filipinos living under the poverty line.
Economists and politicians are defining a vague label in the confusing age of Donald Trump, Bernie Sanders, Marine Le Pen, and Nicolas Maduro. By Peter Coy, Jan 9, 2018 “Populist” is a funny word. It sounds like a compliment—someone who respects the will of the people!—but it’s used as a put-down. The label has been…
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by Stephen Hawking, 09 Oct 2015 He’s one of the most intelligent people in the world. He’s a movie star. And now he’s one of the participants of the Reddit “Ask Me Anything” (AMA) series, too. Physicist Stephen Hawking this week gave his answers to his AMA session. What did you miss? We’ve summarized the…
In brief What if you could improve your mental aptitude and performance by directly stimulating specific parts of the brain? That’s what a team of researchers from Boston University wanted to find out, and they developed an experimental procedure that can change how you think.
by Vincent Chin, Aug 21, 2017 I’ve been in South Africa and the US recently. From geography to development both countries are, of course, very different. But they do share some similarities. Take inequality, for example. This issue – which is by no means limited to their shores – has become a deeply rooted feature…
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
#WearMask #WashHands
#Distancing
#TakePicturesVideos
