Status Updates From Vähem on rohkem

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In the World Trade Organization, bargaining power depends largely on GDP, so the biggest economies almost always get their way. Democratising these institutions would ensure that global South countries have greater control over the decisions that affect them, and greater control over their own economic policy.

right now, more resources and money flow from the global South to the global North each year than the other way around. (…)
Right now, some $1 trillion is stolen out of global South countries each year and stashed in offshore secrecy jurisdictions, mostly by multinational companies seeking to evade taxes.