Published by Promoting Economic Pluralism
Amid ultralow interest rates, corporations favor bonds to boost ROE Japanese corporate managers have learned to move away from stocks and embrace debt for fundraising. © Reuters TOKYO …
Japan’s public offerings in free fall as debt reigns supreme Read More
Wage increases halved, and working houses in poverty more than doubled. The growth of the GDP and living standards were significantly slower in countries with austerity-driven policies than those without …
Austerity policies slowed growth after recession, report says Read More
New research by the Jubilee Debt Campaign indicates a major breach by the IMF of its own policies, with $93 billion of lending to highly indebted countries, without any debt …
The IMF is spending $93 billion bailing out reckless lenders Read More
John Kay in an interview last year for The Mint, singled out Handelsbanken as a ray of hope in the banking world. According to Kay, it “had grown quite rapidly …
The Teller’s Tale Read More
Who gets to borrow at a fair rate is a pernicious inequality. It’s funny how, despite overt concerns, affluent people always find ways to keep the poor apart from them: …
Credit Where Credit’s Due Read More
Nick Robins looks at why investors need to connect climate action with social justice. According to the International Renewable Energy Agency (IRENA), extra investment in clean energy could save the …
Financing a just transition Read More
Government spending that is not investment is like continual partying and drinking. Tanweer Ali tells how austerity was sold as common sense. In the early days of David Cameron’s coalition …
Home Truths Read More
Two distinct ideas are being promoted to help fix Britain’s broken social security system and badly depleted public services. The first idea – of basic income (BI) – seeks a …
Basic Income and Universal Basic Services: conflicting or complementary? Read More
It wants firms to make sure staff are trained to manage the needs of vulnerable people and to understand that customers’ circumstances can change The Financial Conduct Authority (FCA) has released draft …
Regulator launches guidelines for lenders to protect vulnerable consumers Read More
The US is the world’s second greatest contributor to global financial secrecy, according to the Tax Justice Network’s Financial Secrecy Index, only faring better than Switzerland in complicity in enabling financial …
US half-shuts door to financial secrecy, opens new window Read More