ut people first - World
Trade Organisation 'liberalisation' agreements such as GATS and
TRIPS have been a disaster for most of the world's population.
The WTO should be abolished, and a democratic body established
by and with the approval of all members of the United Nations
General Assembly.
Restore national control over
development - Countries must be allowed to determine
their own development paths, free from the ideological
interference of the IMF and World Bank. Countries must be
allowed to make performance requirements of multinationals
investing in their territories.
End protectionism in the world's
richest countries - The tariff barriers which block
developing country exports to the markets of the rich world must
be removed, and targeted support provided to workers in
industrialised countries who are affected by the change. There
needs to be fundamental reform of agricultural systems, with the
aim of making food supply fairer to farmers in the Third World,
as well as safer and more sustainable. In particular, European
and US governments must end the agricultural subsidies which
give their farmers an unfair advantage over producers in the
developing world.
Give
priority to the poor - The rules of globalisation
should make more provision for the special needs of the world's
poorest countries. The European Union's first step in promising
duty-free access to exports from the 48 least developed
countries should be extended to more countries and matched by
all rich nations.
Make multinationals accountable
- The legal notion that companies have the same human rights as
people should be abandoned. Companies have globalised, but the
rules regulating their activities haven't. UN agreements contain
sound rules on workers' rights, human rights, consumer
protection, indigenous peoples and the environment. But there is
no means for consistent enforcement of these standards. There
should be a new international mechanism to regulate the
activities of all multinationals across the world, with
government enforcement supported by independent monitoring to
ensure that they abide by it.
Build democratic space for genuine
debate - All decisions at the IMF and World Bank are
taken on the basis of 'one dollar one vote', which guarantees
the world's richest countries an inbuilt majority. A genuine
debate must exclude the assumption that these institutions, like
their sponsor, the US Treasury, have an authentic interest in
reducing poverty. They have no such interest; on the contrary,
their policies demonstrably increase poverty.
Regulate capital markets -
Financial markets must be regulated to ensure that they are
stripped of their ideological power.
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