Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-14-Speech-1-067"
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"en.20100614.19.1-067"2
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"Madam President, our rapporteur has done an excellent job and has made an appeal for Parliament to give 100% support to the report and to our efforts at the UN. My group is quite happy to give 99.9% support, with a few differences of opinion.
We keep talking about MDGs. What are these MDGs? Well actually there are eight Millennium Development Goals, and I think we should have had more. Had we had more, we would have achieved some of the targets that we have been trying to achieve faster. One of the things that is most important in eradicating poverty is to have stakeholderships, to be able to own something, to have property or to own a small business.
Members have travelled abroad and have seen millions and millions of slums in developing countries and hundreds and thousands of small businesses – garages, shops, repair shops, various people doing various things – at the side of the road as they travel in air-conditioned cars. The trouble is that none of those slums and none of those businesses are registered. They do not have a capital value. Should we be able to recapitalise those properties and those businesses, we would put nine trillion dollars’ worth of capital assets into the hands of the leaders of the developing countries. Yes, nine trillion. That is larger than the entire debt that we have been worrying about in Europe and more than value of the stock markets in New York, London and Tokyo.
However, we have not found a way to capitalise on those properties and those businesses. They are outside the legal system. Had we been able to do that, we would have been able to eliminate poverty faster. This is what has happened in other parts of the world."@en1
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