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Tue, 2011-08-30 10:17 — mdmcdonald
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.

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Corey Watts david hastings Elhadj Drame John Girard Kathy Gilbeaux LintonWells
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World stock markets on edge as investors remain focused on US fiscal cliff’s threat to economy

Mon, 2012-11-12 18:23 — Maeryn Obley

washingtonpost.com

Uncertainty over whether Washington will agree a spending and taxation deal that is crucial to keeping the U.S. economic recovery on track kept a lid on global market gains on Monday.

Economists have said the U.S. risks slipping into recession if hundreds of billions of dollars in expiring tax cuts and automatic spending reductions take effect on Jan. 1 — the so called “fiscal cliff.” Congress and the White House must find a compromise to prevent a big hit to the world’s biggest economy.

President Barack Obama, fresh from a re-election victory, and House Speaker John Boehner have spoken of compromise but appear to be taking a firm stances on some issues, including whether to raise taxes for the wealthiest.

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Eurozone unemployment hits new high

Mon, 2012-11-12 18:12 — Maeryn Obley

Pedestrians walk past graffitti in Athens – a growing number of Greek workers remain nominally employed but have not been paid for some time. Photograph: EPA

Image: Pedestrians walk past graffitti in Athens – a growing number of Greek workers remain nominally employed but have not been paid for some time. Photograph: EPA

guardian.co.uk - October 31st, 2012 - Julia Kollewe and Phillip Inman   

Unemployment in the eurozone has risen to a new record, with more than one in four out of work in Spain and Greece.

There are now 18.49 million people without jobs in the 17 countries sharing the euro, said the European statistics office Eurostat on Wednesday with an extra 146,000 joining the ranks of the unemployed last month.

Youth unemployment – joblessness among under-25s – rose to 23.3%, up from 21% during the same month a year ago.

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German growth set to slow as euro zone crisis hits home

Fri, 2012-11-09 15:21 — Maeryn Obley

reuters.com - November 9th, 2012 - Michelle Martin

Growth in Germany, Europe's largest economy, is likely to weaken in the fourth quarter of this year and the first of 2013 as firms postpone investments due to the euro zone crisis.

The Economy Ministry said on Friday it expected "a noticeably weaker economic dynamic" over winter.

"Nonetheless at the moment we only expect a temporary period of weakness," it said.

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

Mon, 2012-11-05 00:27 — Maeryn Obley

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

Thu, 2012-11-01 19:15 — Maeryn Obley

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?

Thu, 2012-11-01 14:22 — Maeryn Obley

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

Thu, 2012-10-11 23:39 — Kathy Gilbeaux

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

Tue, 2012-10-09 10:51 — Kathy Gilbeaux

aljazeera.com - October 7, 2012

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French Protesters March in 'Resistance' to Austerity

Sun, 2012-09-30 18:09 — Kathy Gilbeaux

      

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'

Sat, 2012-09-29 20:18 — Maeryn Obley

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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