The allegations against this high ranking government official are not reported in the 2012 Trafficking in Persons Report by the U.S. Department of State, Office to Combat and Monitor Trafficking in Persons, which gives the Netherlands a Tier 1 ranking – the highest ranking available indicating compliance with the standards to combat trafficking. Nor have these allegations spurred the European Union to take action, raising serious concern as to the level of seriousness with which governments are responding to human trafficking. Reporters, law enforcement agents, prosecutors, and victims within the Netherlands report fear of grave danger in exposing these crimes.
Ben Bernanke, head of the Federal Reserve, gave a speech today on measurements of economic development. Surprisingly he mentioned Bhutan and its concept of Gross National Happiness.
“This line of research has generated alternative measures of well-being that are frequently survey-based and incorporate elements such as psychological wellness, the level of education, physical health and safety, community vitality and the strength of family and social ties, and time spent in leisure activities. These measures have begun to inform official statistics and have started to be discussed in policy debates. An interesting and unique case is the Kingdom of Bhutan, which abandoned tracking gross national product in 1972 in favor of its Gross National Happiness index based on a survey that incorporates these types of indicators.”….. for full article
Who knows maybe this is a start towards measuring other things than steel and concrete, like quality of life.
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Quite exciting, our partner Gate Impact has been selected by OPIC, as Originator for Enterprise Development Network. Impact Investing infrastructure just got closer to a true reality. Come learn more about Gate Impact at TBLI CONFERENCE™ EUROPE 2012, in Zurich, November 8-9,
WASHINGTON, D.C. –The Overseas Private Investment Corporation (OPIC) has selected GATE Global Impact, a New York based financial services company, to serve as an Originator for a growing alliance with the private sector designed to support small and medium enterprises (SMEs) expanding into emerging markets overseas.
The alliance, the Enterprise Development Network (EDN), is expanding the ability of OPIC – the U.S. government agency charged with facilitating U.S. private sector investment in emerging markets – to provide financing to SMEs doing business in developing countries.
Through the support of financial institutions, business consultants, associations, law firms and regional investment promotion agencies, EDN is designed to enhance SME access to OPIC products and services. By empowering such service providers, the network is resulting in more efficient, cost-effective delivery of services to American businesses.
The mission of GATE Global Impact is to fulfill the increasing global demand for market infrastructure that enables capital to identify and transact in investments that provide a sustainable social and/or environmental benefit and financial return. GATE has created a centralized electronic marketplace to facilitate the transactions of Impact focused investment products and has developed a utility that provides efficiency, transparency, liquidity and education that enables the transaction processes in a variety of markets. GATE provides an end-to-end solution inclusive of information, performance metrics, settlement and clearance. These markets include private equity, private debt, microfinance and environmental credits. GATE Global Impact ultimately believes they will have a positive influence by providing investors and entrepreneurs a regulatory compliant marketplace to interact allowing for future job creation and stimulate economic growth. Visit GATE Global Impact on the web at: http://www.gateimpact.com/
OPIC is the U.S. Government’s development finance institution. It mobilizes private capital to help solve critical world challenges and in doing so, advances U.S. foreign policy. Because OPIC works with the U.S. private sector, it helps U.S. businesses gain footholds in emerging markets catalyzing revenues, jobs and growth opportunities both at home and abroad. OPIC achieves its mission by providing investors with financing, guarantees, political risk insurance, and support for private equity investment funds.
Established as an agency of the U.S. Government in 1971, OPIC operates on a self-sustaining basis at no net cost to American taxpayers. OPIC services are available for new and expanding business enterprises in more than 150 countries worldwide. To date, OPIC has supported more than $200 billion of investment in over 4,000 projects, generated an estimated $75 billion in U.S. exports and supported more than 276,000 American jobs.
Contact: GATE Global Impact FOR IMMEDIATE RELEASE
Tel: 212.896.3983 (Edited the font size and color)
Email: email@example.com; Jlatona@gateimpact.com