We recommend the institution of a Global Citizen Income as a stepping stone toward fostering social, civil and political citizenship at the global level. We outline a gradual implementation roadmap and propose increased international aid, a mix of progressive global taxes and a carbon tax, to fund it. A Global Citizen Income would provide an automatic safety net against systemic shocks like COVID-19 and empower individuals starting, from the most ulnerable.
Il G20 in Italia, tutte le notizie e gli aggiornamenti
Il G20, ovvero “Gruppo dei 20”, è il principale forum di cooperazione economica e finanziaria a livello globale. Si tiene ogni anno, e riunisce le principali economie del mondo, ovvero Canada, Francia, Germania, Giappone, Regno Unito e Stati Uniti (cioè i paesi del G7), i paesi del gruppo “BRICS” – Brasile, Russia, India, Cina e Sudafrica – e anche Arabia Saudita, Australia, Argentina, Corea del Sud, Indonesia, Messico e Turchia. A questi si aggiunge anche l’Unione Europea. Si tratta di un gruppo di paesi che costituiscono l’80% del PIL globale, nonché il 60% della popolazione del pianeta. Quest’anno la presidenza è dell’Italia.
Addressing the learning loss caused by the difficulty of education provision during the COVID-19 pandemic will be a key challenge faced by the world for the coming decades.
We propose to institute a new annual tax of 0.2% on corporations’ stock shares for all publicly listed companies headquartered in G20 countries. As the G20 stock market capitalization is around US$ 90 trillion, the tax would raise approximately US$ 180 billion each year. Because stock ownership is highly concentrated among the rich, this global tax would be progressive. The tax could be paid in-kind by corporations (by issuing new stock) so that the tax does not raise liquidity issues for new and innovative firms, nor does it affect business operations.