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Crisis response (stimulus and austerity measures)

This category contains 17 posts

Inequality and debt crises: A new twist on fictitious “human rights-debt” policy divide

Inequality’s unrelenting rise has been the subject of growing attention that has come, in the last few years, from unexpected quarters. As a recent example, an article appeared on the IMF’s Finance & Development journal, “Neoliberalism: Oversold?” put the spotlight on the negative effects that inequality has on the level and sustainability of growth. The … Continue reading »

European Social Charter litigation: Setting limits to austerity measures

A fundamental distinction that has come to the foreground with the onset of the economic crisis has been between the European Union (EU) rules and those of the Council of Europe. Indeed, the study of human social rights at the European level must include this dual perspective. That is because the European Social Charter Treaty … Continue reading »

Why the Dodd-Frank Act matters for fulfilling economic and social rights

From a human rights perspective, the Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) tends to receive attention for its role in regulating investments abroad. For instance, Section 1502 requires U.S. companies investing in natural resources in the Democratic Republic of Congo to disclose information about their supply chains and remedy any possible connection … Continue reading »

Invest more in the caring economy, and growth will come

More public investment in caring infrastructure is well warranted under existing evidence, is the message that emerges from a new study released recently by the ITUC (“the study”). The study shows that investment into the care economy of 2 per cent of GDP in just 7 countries would create over 21 million jobs and help … Continue reading »

US: Correcting tax and fiscal policy essential to realizing human rights

Fiscal policy—that is the raising and spending of public resources—is one of the most important structural policies which determines the degree to which a State can ensure human rights for all, without discrimination. As evidenced in the first-ever thematic audience on fiscal policy and human rights held by the Inter-American Commission on Human Rights (IACHR) … Continue reading »

Brazil: Fiscal adjustment winds reach social rights, but not financial interests

Since early 2000s decade, Brazil has been experiencing changes and making progress towards the promotion of social inclusion and poverty reduction, in line with the requirements of progressive realization of economic and social rights. The country knew how to profit from the international economy’s favorable moment. The increase in international prices of Brazilian products was … Continue reading »

Social deficits in 2015: Another year of living dangerously?

As 2015 begins, an elusive global recovery and inequalities becoming more and more apparent make the fight for social justice more needed than ever. In 2014, the UN Open Working Group proposed a set of 17 sustainable development goals (SDGs), including social protection floors for all. But the question remains: will these goals and targets … Continue reading »

The US Financial Crisis, Post-2015 Development Agenda, and Human Rights

The Center for Women’s Global Leadership (CWGL) along with Political Economy Research Institute (PERI) had the opportunity to make a stakeholder submission (UPR report) to the United Nations Human Rights Council as a part of the 2015 Universal Periodic Review of the human rights compliance of the United States. This provided an opportunity to reflect … Continue reading »

Financial reform: Progress, what progress?

In an op-ed written for the OECD 2014 Yearbook, Salil Shetty, Secretary General of Amnesty International, calls for multilateral action and public participation and debate to break the current system of unethical and deceptive business practices. He argues that despite the devastation caused by the crisis, minimal to no effort was made to reform the … Continue reading »

Austerity programs found sapping democracy, human rights in the Middle East

Participants at a recent event in Washington, D.C. addressed the impact of IMF-recommended economic policies, including austerity measures, on human rights in the Middle East. The event, held on the occasion of the Spring meetings of the International Monetary Fund and the World Bank, at the World Bank Headquarters, was organized by Arab NGO Network … Continue reading »

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