As governments attempt to rein in public deficits, and with many EU member states scaling back their overseas development aid (ODA) contributions, an FTT is capable of generating the kind of revenue which is needed to put progress towards the Millennium Development Goals (MDGs) back on track. As Natalia Alonso points out, “The introduction of […]
Financing the AIDS response – A question of efficiency or more money?
In his special opening address to the conference, UN Secretary General, Ban Ki Moon, highlighted that currently those responding to the AIDS pandemic face an “agonising choice between who can live and who must die” as a result of inadequate funding; a situation which he said cannot be allowed to happen. Julio Montaner, Co-Chair of the […]
Turn Healthy Profits into Healthy People
People living with HIV joined AIDS advocates from around the world to call on Bill Gates and world leaders to “back the bank tax” — referring to the IMF’s recommendation to create new taxes on banks — and to “fill the gap”, referring to the 70% gap in people accessing lifesaving medications. “The UN has unveiled that […]
Financial transactions tax: still a confusing matter
Since the G20 September meeting, there have been significant shifts in the discourses that punctuate the debates about the creation of a financial transaction tax. These have focused not only on the feasibility of such tax, but also on its merit and appropriateness, according to the different uses proposed for it. Action for Global Health […]