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291 documents from Institute for Economic Justice
Who Should Pay for the Planet’s Bill?
This fact sheet by the Institute for Economic Justice examines the inequities of global climate finance, arguing that current G20-led mechanisms often exacerbate debt vulnerability in developing nations through a reliance on loans and 'de-risking' strategies that prioritize private profit over public welfare.
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Document type: Fact sheet
STATEMENT Tax the rich to match global commitments with bold domestic action
A statement by the Institute for Economic Justice and partners calling on the South African government to implement domestic tax reforms for high-net-worth individuals and multinational corporations to align with its international commitments.
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Document type: Statement
Making Care Count: A Vision for Inclusive Care Economies
This document is a keynote address by Dr Basani Baloyi of the Institute for Economic Justice to the G20 Empowerment of Women Working Group. It argues that the care economy is the essential foundation of all economic activity and calls for G20 nations to transition from a model where care is invisible and undervalued to one where it is recognized as a public good and a driver of inclusive economic growth.
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Document type: Statement
Comments on the South African Reserve Bank Amendment Bill [B26 – 2018]
The Institute for Economic Justice (IEJ) submitted comments to the Finance Standing Committee regarding the South African Reserve Bank (SARB) Amendment Bill [B26 – 2018]. While supporting the transition to sole state ownership of the bank to align with international norms, the IEJ argues that ownership changes alone will not resolve policy incoherence or achieve sustainable economic growth. The IEJ advocates for a broader review of the SARB Act to expand the bank's mandate toward green structural transformation and increase coordination between monetary and fiscal policy.
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Document type: Statement
A G20 pathway towards oil and gas phase-out
This policy brief by the Institute for Economic Justice argues that G20 countries must establish a coordinated, finance-backed roadmap to phase out oil and gas. While G20 nations have expanded renewable capacity, they continue to provide massive subsidies to fossil fuels, creating economic and political barriers to transition. The document highlights the specific role of South Africa's 2025 G20 presidency in leading equitable discussions on subsidy reform and financing for the Global South.
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Document type: Policy brief
International Tax Reform Briefing Note
This briefing note by the Institute for Economic Justice critiques the OECD's two-pillar tax framework for its lack of transparency and failure to recover significant revenue lost to tax abuse, while advocating for the UN Framework Convention on International Tax Cooperation and South Africa's leadership in the G20 to advance a more equitable global tax system.
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Document type: Briefing
Rethinking the SARB Mandate for Inclusive Growth
The Institute for Economic Justice (IEJ) submitted recommendations to Parliament’s Joint Constitutional Review Committee advocating for the reform of the South African Reserve Bank's (SARB) mandate to align monetary policy with developmental goals, including employment and green industrialisation.
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Document type: Statement
Reclaiming Fiscal Policy for Social and Economic Justice
The Institute for Economic Justice (IEJ) submitted a response to the 2025 Fiscal Framework and Revenue Proposals, urging the South African Parliament to reject austerity and adopt progressive fiscal reform to prioritize economic inclusion and constitutional obligations.
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Document type: Statement
Fiscal Framework and Revenue Proposals
The Institute for Economic Justice (IEJ) submitted a critique of the 2025 National Budget's fiscal framework and revenue proposals to the Finance Standing Committee on 26 May 2025. The IEJ argues that the National Treasury's strategy of fiscal consolidation and debt reduction undermines inclusive growth and socio-economic rights. The report recommends shifting from regressive tax measures, such as the general fuel levy, toward progressive wealth and corporate taxes, while increasing spending on social grants and public infrastructure to meet constitutional obligations.
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Document type: Report
UBIC Briefing Note: Consequences of Treasury's Social Grant Conditions
The Universal Basic Income Coalition (UBIC) warns that National Treasury's new budget conditions for the South African Social Security Agency (SASSA) will lead to the wrongful exclusion of millions of vulnerable people from social grants, including older persons, disability, child support, and care dependency grants.
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Document type: Statement
Budget 3.0 must not retreat into austerity
The Institute for Economic Justice (IEJ) argues that South Africa's upcoming 'Budget 3.0' must abandon austerity and spending cuts in favor of progressive revenue-raising measures to support inclusive growth and protect vulnerable populations.
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Document type: Statement
Reversal of VAT should not open the door for budget cuts
The Institute for Economic Justice (IEJ) supports the reversal of a planned VAT increase but warns against the National Treasury's proposal to implement budget cuts to cover the resulting revenue shortfall. The IEJ argues that progressive revenue alternatives exist to avoid austerity for vulnerable populations.
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Document type: Statement
Sovereign Debt: Towards a Global South Debtors’ Club
This IEJ working paper argues that sovereign debt in the Global South is a tool of neocolonial control rooted in colonial legacies. It critiques G20 restructuring frameworks for ignoring structural causes and proposes a Global South Debtors’ Coalition to leverage collective resources for fairer trade and economic sovereignty.
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Document type: Research paper
UBIC submission: SRD amendments a missed opportunity to fix broken system
The Universal Basic Income Coalition (UBIC) has submitted a response to proposed amendments to the Social Relief of Distress (SRD) Grant regulations, arguing that the changes are insufficient to address systemic failures and ignore a High Court ruling on the grant's exclusionary nature.
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Document type: Statement
UBIC comment on proposed amendments to the Regulations relating to the COVID-19 Social Relief of Distress
The Universal Basic Income Coalition (UBIC) submitted comments on April 14, 2025, regarding proposed amendments to the COVID-19 Social Relief of Distress (SRD) grant regulations. UBIC argues that the amendments fail to address systemic barriers to access, ignore a January 2025 Gauteng High Court ruling on the unlawful nature of current exclusionary provisions, and maintain a grant value and means test that are significantly below the food poverty line.
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Document type: Statement
DESIGNING HUMAN RIGHTS-ALIGNED REFORMS FOR DEBT RESTRUCTURINGS
This research paper argues for the establishment of a common international framework for sovereign debt restructuring based on human rights principles to address the global debt crisis, particularly in the Global South. The authors contend that current contractual, market-based approaches are inequitable and opaque, often prioritizing creditor interests over essential socio-economic rights. They propose a statutory, legally binding mechanism under the auspices of the United Nations to ensure transparency, accountability, and the protection of minimum standards of living during debt workouts.
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Document type: Research paper
Fiscal Policy and a Just Energy Transition
This research paper proposes a worker-centric climate response for South Africa, emphasizing state-led financing through a dedicated climate response fund to ensure an equitable transition to a green economy.
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Document type: Research paper
Development Finance Institutions in Climate Finance
This policy brief by the Institute for Economic Justice examines the role of Development Finance Institutions (DFIs) in climate finance, focusing specifically on the Industrial Development Corporation (IDC) in South Africa. It argues that the IDC's current operations are misaligned with climate goals due to a portfolio skewed toward carbon-intensive sectors and conservative lending practices, and proposes specific financial and governance reforms to support a just transition.
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Document type: Policy brief
Leveraging Monetary Policy to Support the Transitional Needs of South African Workers
This policy brief argues that South Africa's Just Energy Transition must move beyond infrastructure to prioritize workers and economic diversification. It suggests that reallocating 10% of bank lending (R52.41 billion) and reforming retirement industry offshore limits (R600 billion) could provide necessary funding. Key recommendations include expanding the Green Finance Taxonomy to include worker transition plans and implementing green capital requirements to incentivize job-creating investments.
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Document type: Policy brief
Why are classrooms and children becoming fast food billboards?
A joint statement by 22 civil society organisations condemning the Department of Basic Education's facilitation of corporate-branded furniture donations, specifically McDonald's 'Mi Desk' desks, in South African schools, arguing that such actions expose children to harmful junk food and gambling marketing.
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Document type: Statement