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This working group is focused on sustainable economics and financial balance within resilient social ecologies.

The mission of this working group is to build sustainable economy and financial balance within resilient social ecologies.

Members

Corey Watts david hastings Elhadj Drame John Girard Kathy Gilbeaux LintonWells
Maeryn Obley mdmcdonald Samuel Bendett

Email address for group

economics@m.resiliencesystem.org

France unveils 'harshest budget in 30 years'

François Hollande has described the 2013 plans as a 'combat budget'. Photograph: Andrew Gombert/EPA

Image: François Hollande has described the 2013 plans as a 'combat budget'. Photograph: Andrew Gombert/EPA

guardian.co.uk - September 28th, 2012 - Kim Willsher

To the dismay of a swath of French bankers, business leaders and the wealthy, President François Hollande has remained true to his word and unveiled €20bn (£16bn) in new taxes, including a 75% "supertax" band that will hit the rich.

In what Hollande has described as France's harshest budget in 30 years, business and personal taxpayers were asked on Friday to make an "unprecedented effort" to slash the country's public spending deficit.

However, the Socialist government sidestepped swingeing cuts in public spending, including pensions and state salaries, in its 2013 budget, which aims to find €36.9bn in savings.

(VIEW COMPLETE ARTICLE)

Protests puncture euro zone optimism

A protester runs from police in Athens on Wednesday. (Louisa Gouliamaki/AFP/Getty Images)

Image: A protester runs from police in Athens on Wednesday. (Louisa Gouliamaki/AFP/Getty Images)

globalpost.com - September 26th, 2012 - Paul Ames

Riot police fired tear gas at an angry mob throwing gasoline bombs during a general strike in Athens today, a day after Spanish police shot rubber bullets at leftist protesters attempting to storm parliament, where lawmakers were mulling more austerity.

Days after it seemed European policymakers may have finally launched a drive to save the continent’s single currency, the euro zone's battlefield is spreading from trading floors to the streets.

Now Spain’s richest region is calling for independence, part of the mounting political fallout from an economic crisis that is far from resolution.

(VIEW COMPLETE ARTICLE)

Localizing Kickstarter: Mapping Mashup Helps Keep Cash Close to Home

submitted by Albert Gomez

good.is - by Zak Stone - September 11, 2012

How do you decide which creative projects to back on crowdfunding platforms like Kickstarter?

If you're inclined to think local, you're not alone, according to Justin Wilcox, a software developer who interviewed Kickstarter backers to gain insight into their perferences. . .
. . . "Kickstarter has some rudimentary capabilities to find projects around you"—like searching by city—"but we saw a need, an interest, to develop that to much more depth.”

(READ COMPLETE ARTICLE)

Haiti: Business Leaders Prohibited from Leaving the Country for Alleged Tax Evasion

Andre Apaid [file]

defend.ht - September 4, 2012

PORT-AU-PRINCE, Haiti (defend.ht) – A prominent businessman in Haiti was stopped from leaving the country on Monday by port authority officials at the international airport for alleged tax evasion, a charge the business leader is contesting.

Andre Apaid Jr. , who comes from a long line of family members with holdings in the industrial park of Port-au-Prince that subcontracts factories and employs thousands of workers, says he was attempting to travel abroad from the Toussaint Louverture International Airport for a business meeting when he was stopped by authorities who confiscated his passport.

(READ COMPLETE ARTICLE)

The Giving Pledge

The Giving Pledge is an effort to invite the wealthiest individuals and families in America to commit to giving the majority of their wealth to the philanthropic causes and charitable organizations of their choice either during their lifetime or after their death.

Each person who chooses to pledge will make this statement publicly, along with a letter explaining their decision to pledge. At an annual event, those who take the pledge will come together to share ideas and learn from each other.

The Pledge is a moral commitment to give, not a legal contract. It does not involve pooling money or supporting a particular set of causes or organizations.

While the Giving Pledge is specifically focused on billionaires, the idea takes its inspiration from efforts in the past and at present that encourage and recognize givers of all financial means and backgrounds. We are inspired by the example set by millions of Americans who give generously (and often at great personal sacrifice) to make the world a better place.

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Health Care Reform Stands: How It Impacts Your Coverage

      

The Supreme Court upheld health care reform Thursday, which includes a mandate that consumers have to buy coverage by 2014 or pay a penalty.  PHOTO: THINKSTOCK

by Parija Kavilanz - CNNMoney - June 28, 2012

NEW YORK (CNNMoney) -- The Supreme Court's ruling Thursday to uphold health care reform has widespread implications for both insured and uninsured consumers.

Beginning in 2014, uninsured individuals must buy coverage -- either on their own, through an employer's plan or through a health insurance exchange -- or else pay a tax penalty. Meanwhile, insured consumers will continue to enjoy key mandates of the law, such as free preventive care and coverage of adult dependents up to age 26, but at the expense of higher out-of -pocket costs.

Several key mandates of health reform have already gone into effect since the law passed in 2010. Here's a rundown of those provisions and new mandates rolling out over the next two years that will impact almost all of these consumers.

(READ COMPLETE ARTICLE)

Sustainability Framework 2.0: Professional Accountants as Investigators

Submitted by Albert Gomez

accountability.org - March 2011

Now in its second edition, the IFAC (International Federation of Accountants) Sustainability Framework (the Framework) primarily targets professional accountants working in commerce, industry, financial services, education, and the public and not-for-profit sectors. IFAC strongly believes that these professional accountants can influence the way organizations integrate sustainability into their mission, goals and objectives, strategies, management and operations, definitions of success, and stakeholder communications.

(Read Complete Report, a 98-page .PDF file)

PwC Report: How Companies Can Put a Dollar Value on Sustainability

submitted by Albert Gomez

www.environmentalleader.com - May 31, 2012

Companies can measure the value of sustainability and how their environmental efforts directly contribute to profits, using two evaluation methods described in a report by PricewaterhouseCoopers.

The cost of sustainability programs are readily apparent, PwC said. And companies are typically able to determine the short-term value from cost savings, risk reduction or product and service innovations. Putting a dollar value on intangible benefits, especially those over a long period of time, is where companies struggle, the consultancy said.

(READ COMPLETE ARTICLE)

Grand Challenges Explorations - Winners Announced May 9, 2012

From: Bill & Melinda Gates Foundation <***@***.***>
Date: May 9, 2012 1:28:04 PM EDT
To: <redacted>
Subject: Grand Challenges Explorations - Winners Announced May 9, 2012
Reply-To: Bill & Melinda Gates Foundation <***@***.***>

Dear Colleagues:

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The Coming Prosperity - by Philip E. Auerswald

"This is a book about the unparalleled possibilities of now.

It takes as its backdrop an inescapable fact: the majority of the world's population is at last connecting with the global economy; billions of people are deriving benefits from the past five centuries of technological and institutional innovation from which they have previously been excluded. As a consequence, human well-being will likely improve to a greater extent in coming decades than at any time in history. But progress toward global prosperity is not inevitable. The choices we make today will determine the extent and reach of the coming prosperity, and the part we play in it.

There would be no need to write this book if a general appreciation existed for the scope of the coming prosperity, or the half millennium of historical momentum from which it derives its impetus. Yes, the ascendance of China, India, and Brazil is universally recognized. But, for some understandable reasons, this new reality still mostly inspires alarm rather than eager anticipation..."

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