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Author: Ph.D. Guedel (J.D., Greg)
Publisher:
ISBN:
Category :
Languages : en
Pages : 50
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Book Description
The existing financial system in the United States is not working for Native Americans. The aggregate data on chronic Native American poverty, unemployment, and lack of reservation business activity indicates a substantial disconnect between tribal communities and traditional sources of development capital such as banks, credit unions, and other commercial lenders. Structural conditions in tribal communities do not embody the legal elements or collateral base required by commercial banks to provide loans and credit for Native American economic development. What tribal communities need is a new financial system, built upon an understanding of the unique economic and legal conditions of Native American nations, to provide access to capital on terms that are structurally and culturally consistent with the realities of Native American life. This paper describes an innovative program to create a new financial institution that can facilitate much-needed access to capital and affordable financial services for Native American nations: the Tribally Chartered Bank. Organized under the sovereign authority of one or more tribal governments and free from the short-term focus of publicly listed banks, the TCB would offer a means for tribes to secure the “patient capital” required for long-term economic and infrastructure development.
Author: Ph.D. Guedel (J.D., Greg)
Publisher:
ISBN:
Category :
Languages : en
Pages : 50
Get Book Here
Book Description
The existing financial system in the United States is not working for Native Americans. The aggregate data on chronic Native American poverty, unemployment, and lack of reservation business activity indicates a substantial disconnect between tribal communities and traditional sources of development capital such as banks, credit unions, and other commercial lenders. Structural conditions in tribal communities do not embody the legal elements or collateral base required by commercial banks to provide loans and credit for Native American economic development. What tribal communities need is a new financial system, built upon an understanding of the unique economic and legal conditions of Native American nations, to provide access to capital on terms that are structurally and culturally consistent with the realities of Native American life. This paper describes an innovative program to create a new financial institution that can facilitate much-needed access to capital and affordable financial services for Native American nations: the Tribally Chartered Bank. Organized under the sovereign authority of one or more tribal governments and free from the short-term focus of publicly listed banks, the TCB would offer a means for tribes to secure the “patient capital” required for long-term economic and infrastructure development.
Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309452961
Category : Medical
Languages : en
Pages : 583
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Book Description
In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.
Author: Katharina Pistor
Publisher: Princeton University Press
ISBN: 0691208603
Category : Business & Economics
Languages : en
Pages : 315
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Book Description
"Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. In this revealing book, Katharina Pistor argues that the law selectively "codes" certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital - and lawyers are the keepers of the code. Pistor describes how they pick and choose among different legal systems and legal devices for the ones that best serve their clients' needs, and how techniques that were first perfected centuries ago to code landholdings as capital are being used today to code stocks, bonds, ideas, and even expectations--assets that exist only in law. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it."--Provided by publisher.
Author: Derek S. Hyra
Publisher:
ISBN: 9781138886926
Category : Cities and towns
Languages : en
Pages : 0
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Book Description
Capital Dilemma: Growth and Inequality in Washington, DC uncovers and explains the dynamics that have influenced the contemporary economic advancement of Washington, DC. This volume's unique interdisciplinary approach using historical, sociological, anthropological, economic, geographic, political, and linguistic theories and approaches, captures the comprehensive factors related to changes taking place in one of the world's most important cities. Capital Dilemma clarifies how preexisting urban social hierarchies, established mainly along race and class lines but also along national and local interests, are linked with the city's contemporary inequitable growth. While accounting for historic disparities, this book reveals how more recent federal and city political decisions and circumstances shape contemporary neighborhood gentrification patterns, highlighting the layered complexities of the modern national capital and connecting these considerations to Washington, DC's past as well as to more recent policy choices. As we enter a period where advanced service sector cities prosper, Washington, DC's changing landscape illustrates important processes and outcomes critical to other US cities and national capitals throughout the world. The Capital Dilemma for DC, and other major cities, is how to produce sustainable equitable economic growth. This volume expands our understanding of the contradictions, challenges and opportunities associated with contemporary urban development.
Author: Ms.Era Dabla-Norris
Publisher: International Monetary Fund
ISBN: 1513547437
Category : Business & Economics
Languages : en
Pages : 39
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Book Description
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.
Author: Kevin Werbach
Publisher: Cambridge University Press
ISBN: 1108645259
Category : Law
Languages : en
Pages : 251
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Book Description
Networks powered by algorithms are pervasive. Major contemporary technology trends - Internet of Things, Big Data, Digital Platform Power, Blockchain, and the Algorithmic Society - are manifestations of this phenomenon. The internet, which once seemed an unambiguous benefit to society, is now the basis for invasions of privacy, massive concentrations of power, and wide-scale manipulation. The algorithmic networked world poses deep questions about power, freedom, fairness, and human agency. The influential 1997 Federal Communications Commission whitepaper “Digital Tornado” hailed the “endless spiral of connectivity” that would transform society, and today, little remains untouched by digital connectivity. Yet fundamental questions remain unresolved, and even more serious challenges have emerged. This important collection, which offers a reckoning and a foretelling, features leading technology scholars who explain the legal, business, ethical, technical, and public policy challenges of building pervasive networks and algorithms for the benefit of humanity. This title is also available as Open Access on Cambridge Core.
Author: Charles F. Wilkinson
Publisher: W. W. Norton & Company
ISBN: 9780393051490
Category : History
Languages : en
Pages : 572
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Book Description
Table of contents
Author: Peter Dietsch
Publisher: Oxford University Press
ISBN: 0190251522
Category : Philosophy
Languages : en
Pages : 279
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Book Description
Rich people stash away trillions of dollars in tax havens like Switzerland, the Cayman Islands, or Singapore. Multinational corporations shift their profits to low-tax jurisdictions like Ireland or Panama to avoid paying tax. Recent stories in the media about Apple, Google, Starbucks, and Fiat are just the tip of the iceberg. There is hardly any multinational today that respects not just the letter but also the spirit of tax laws. All this becomes possible due to tax competition, with countries strategically designing fiscal policy to attract capital from abroad. The loopholes in national tax regimes that tax competition generates and exploits draw into question political economic life as we presently know it. They undermine the fiscal autonomy of political communities and contribute to rising inequalities in income and wealth. Building on a careful analysis of the ethical challenges raised by a world of tax competition, this book puts forward a normative and institutional framework to regulate the practice. In short, individuals and corporations should pay tax in the jurisdictions of which they are members, where this membership can come in degrees. Moreover, the strategic tax setting of states should be limited in important ways. An International Tax Organisation (ITO) should be created to enforce the principles of tax justice. The author defends this call for reform against two important objections. First, Dietsch refutes the suggestion that regulating tax competition is inefficient. Second, he argues that regulation of this sort, rather than representing a constraint on national sovereignty, in fact turns out to be a requirement of sovereignty in a global economy. The book closes with a series of reflections on the obligations that the beneficiaries of tax competition have towards the losers both prior to any institutional reform as well as in its aftermath.
Author: Carlos Góes
Publisher: International Monetary Fund
ISBN: 1475527691
Category : Business & Economics
Languages : en
Pages : 27
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Book Description
Thomas Piketty's Capital in the Twenty-First Century puts forth a logically consistent explanation for changes in income and wealth inequality patterns. However, while rich in data, the book provides no formal empirical testing for its theoretical causal chain. In this paper, I build a set of Panel SVAR models to check if inequality and capital share in the national income move up as the r-g gap grows. Using a sample of 19 advanced economies spanning over 30 years, I find no empirical evidence that dynamics move in the way Piketty suggests. Results are robust to several alternative estimates of r-g.
Author: Aureliu Cristescu
Publisher: New York : United Nations
ISBN:
Category : Political Science
Languages : en
Pages : 142
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Book Description
