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Economic Guidelines for a Better Union

John Weeks & Jeremy Smith
This report on EU and national guidelines for fiscal balances, commissioned by the Rosa Luxemburg Stiftung Brussels Office, is written at a time when the EU and member state national governments appear determined to make the present highly constrictive fiscal rules, which have heavily contributed to an overall poor economic performance, even tighter. Despite the fact that the global financial crisis was a crisis brought on by excessive private debt, the EU and its most powerful member states insisted that the answer was to bear down ever more strongly ...
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How the EU plans to entrench and institutionalize Investor-State Dispute Settlement The European Commission proposal for a global investor court for investor state dispute settlement (ISDS) – known as the Multilateral Investment Court – threatens to enshrine, expand, and entrench the current system of corporate privilege in future trade deals. A world court for corporations would be the capstone in the architecture of corporate impunity, undermining democratic institutions and lawmaking, and worsening the power imbalance that grants rights, protections, ...
read more "A World Court for Corporations"