SOCIAL WATCH E-NEWSLETTER - Issue 78 - march 16, 2012

Issue 78 - march 16, 2012

Philippines: Social Watch finds government’s growth targets difficult to achieve

Leonor Briones

The impact of typhoons, earthquakes, climate change and other external factors make it difficult for the Philippines to reach its economic growth targets of 5 percent to 6 percent this year and 6 percent to 7 percent next year, warned Social Watch Philippines this week.

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Korea: President Lee gets a failing grade on governance

The Citizen’s Coalition for Economic Justice (CCEJ), focal point of Social Watch in the Republic of Korea, gave failing grades on the President Lee Myung-bak's performance during its time in power. The organization concluded that only 39.48% of Lee's 100 major governance tasks were executed. The administration scored a D+ grade for satisfaction with the results.

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Bangladesh: Centralisation in Dhaka blamed for unsustainable development

The centralization in Dhaka, the capital city of Bangladesh, is responsible for the unsustainable development of that South Asian country, according to the Social Watch Report 2012. The historical absence of long-term planning and overpopulation are the main cause of environmental degradation and resource depletion, said Rezaul Karim Chowdhury, executive director of Coastal Association for Social Transformation, while launching the study.

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Canada: Taxes and wages fall while corporate profits rebound

“In Canada, federal taxes on profits had fallen to 16.6 per cent by fiscal 2010-11 after briefly dipping to 13.2 per cent in 2008, a level not seen since the Great Depression,” wile corporate profits “have rebounded since the 2008-9 crisis, nearing the previous high water mark,” wrote Armine Yalnizyan, senior economist at the Canadian Centre for Policy Alternatives (CCPA), one of the focal points of Social Watch in the North American country.

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Cyprus: Kick-off meeting for the Mediterranean Migration Network

The Mediterranean Migration Network (MMN) was officially launched during a two-day kick-off meeting in Nicosia, on March 1-2. The meeting was organized by the MMN coordinator, the research and development centre CARDET, focal point of Social Watch in Cyprus.

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