Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Today, the provision of public goods and services at the global and regional level is dangerously inadequate.Groups of neighboring countries such as the EU and the African Union need public services, public investments and transfer payments that cut across national borders, and that often involve dozens of countries simultaneously.While many EU member states tax at least 25 percent of national income for public spending at the national and local levels, the funding available for the EU-wide budget is just 1 percent of the member countries' combined income.The U.N.'s regular budget is a mere $2.7 billion per year, or just 0.003 percent of the world's $90 trillion total income.The U.S. pays around 22 percent of the annual $2.7 billion regular budget, or some $600 million each year, but this is less than $2 per American!The EU should quickly double the EU budget to 2 percent of EU income, and more over time.
America’s war on Chinese technology
Food is essential for sustainable development
Europe must oppose Trump
FOLLOW THIS ARTICLE