floccinaucinihilipilificate

The latest OECD report on inequality paints a disturbing picture. The world is getting more unequal. The richest 10% of the OECD population now earns 9.6 times more than the poorest 10%. In 2012, the poorest 40% owned 3% of the household wealth in the OECD countries -- while the top 10% controlled over half; with the top 1% owning 18%. Increasingly, the culprit is low paying, non-standard work (temporary and contract). Between 1995 and 2013, 50% of new jobs created fell into this category -- and the disproportionately are youth and females. No surprise there. The OECD warns that the long term economic and social cohesion impacts will be significant if governments don't take steps to address the gap. Businesses also need to step up, as there is a direct impact to their viability. In Canada, income inequality has not increased during the economic downturn -- with Canada trending with the OECD average. But, the gap in pay between full-time workers and non-standard work...

I don't entirely agree with Foster's take, but he provides a context for the state of worker safety and rights in Bangladesh; as well as the unintended consequences that could result from the lawsuit against Loblaw (there's one in the US as well, against Wal-mart, et al).  The issue is more complex than western businesses taking advantage of cheap labour. Peter Foster: Why a $2-billion lawsuit against Loblaw, Joe Fresh could bring unintended results to Bangladesh | Financia…

I didn't know about the IDRC ... discovered the organization today, and they were too exciting not to share. IDRC - International Development Research Centre This how they describe themselves: I DRC believes that research and innovation hold the keys to progress in developing countries.  To make knowledge a tool for addressing pressing challenges, we provide researchers in developing countries with the financial resources, advice, and training that will help them find solutions to the local problems they identify we encourage sharing knowledge with policymakers, other researchers, and communities around the world we foster new talent by offering fellowships and awards we disseminate research findings and strive to get new knowledge into the hands  of those who can use it. In doing so, we make an important contribution to Canada’s foreign policy, complementing the work of Foreign Affairs, Trade and Development Canada, and other government departments ...