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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

U.S. fiscal cliff, Europe's debt woes worry G20

reuters.com - November 4th, 2012 - Krista Hughes and Julien Toyer

Finance chiefs of leading economies pressed the United States on Sunday to avert a rush of spending cuts and tax hikes that could hurt global output next year, though some countries still saw Europe's debt crisis as the No. 1 danger.

Unless a fractious Congress can move quickly to reach a deal after Tuesday's U.S. elections, about $600 billion in government spending cuts and higher taxes are set to kick in from Jan. 1, threatening to push the American economy back into recession.
   
"They need to act swiftly on the fiscal cliff and then they will need to put in place a medium-term fiscal consolidation," Australian Treasurer Wayne Swan told Reuters before ministers from the Group of 20 countries gathered for talks.

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Turning Rural Indians Into Water Entrepreneurs

Water filtration system.

Image: Water filtration system.

fastcoexist.com - November 1st, 2012 - Whitney Pastorek

In Sanskrit, jal is the root for “water,” and sarva is the root for “everyone.” Put them together, and you’ve got exactly what Sarvajal delivers: Water for all. Originally launched as a nonprofit experiment in 2007, the company has grown into a thriving hub-and-spoke model of over 150 Sarvajal franchisees operating small reverse-osmosis filtration plants and revolutionary Water ATMs in India’s northwestern states, and its potent combination of entrepreneurship, common sense, and tech savvy has made a significant change in the quality of life for thousands of rural Indian villagers. “In 60 years of existence, India has always had getting clean water to people as the last mile at the top of its list of things to do,” says Sarvajal CEO Anand Shah. “We figured that if you put a lot of smart people on this idea, maybe you could come up with a solution.”

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Missing Voices: How Can We Get More ‘Doers’ to the Social Innovation Table?

submitted by Albert Gomez

http://csi.gsb.stanford.edu - October 1st, 2012 - Kriss Deiglmeier

A number of reports have crossed my desk recently about how to accelerate and advance social innovation. There are reports on collective impact, convenings on impact investing, and conferences about measuring outcomes to name just a few. 

These gatherings and reports come from credible sources, and so their recommendations influence the agendas of leaders, funders, and investors.

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The ‘Avon Ladies’ of Africa

Tine Frank… Living Goods managers explained business opportunities to new recruits in Masaka, Uganda.

submitted by Alisa Keesey

The New York Times
by Tina Rosenberg
October 10, 2012

Living Goods, which operates in Uganda, has a very promising model.  It brings goods the poor need to their doorsteps, at below-market prices.  Most important, Living Goods is building a business with the potential to sustain itself — it has already hit some important milestones.  That’s the key to a long life and wide growth — to helping vast numbers of people.

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Living Goods
http://livinggoods.org/

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Spain Hit by New Wave of Street Protests

aljazeera.com - October 7, 2012

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French Protesters March in 'Resistance' to Austerity

      

Protesters carry a banner reading 'no to austerity' at a march in Paris. Photograph: Michel Euler/AP

guardian.co.uk - by Kim Willsher - September 30, 2012

Thousands of demonstrators took to the streets of Paris on Sunday to protest against the spread of economic "austerity" in France and Europe.

Chanting "resistance, resistance", the crowds had been rallied by around 60 organisations, including the leftwing Front de Gauche and the French Communist party, which oppose the European budget treaty.

"Today is the day the French people launch a movement against the politics of austerity," said the Front de Gauche president, Jean-Luc Mélenchon.

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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.

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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.

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U.K. Plans to Spend $3.16 Million on Sierra Leone Cholera

vaccinenewsdaily.com - by Paul Tinder - August 28, 2012

The United Kingdom is activating a $3.16 million emergency plan to stop the cholera epidemic from spreading in the African state of Sierra Leone after more than 200 people have died.

The Department for International Development is using a network called the Rapid Response Facility to deliver sanitation, water and emergency medical assistance to the country. Charities such as the British Red Cross, Care International, Concern, Oxfam, International Rescue Committee and Save the Children are mobilizing as part of the response to the water-borne disease, BBC reports.

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Microfinance - How Kiva Works - The Story of a Kiva Loan

submitted by Susan Steinhauser

kiva.org

Kiva is a non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25 to help create opportunity around the world. Learn more about how it works.

http://www.kiva.org/about

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