At the 2005 WSF, in Porto Alegre, Brazil, a group of organizations and movements working around financial system issues formed a platform called, “Otro Sistema Financeiro”. Continuing into the Fall of 2005, the scope grew to include debt movements and organizations, and then formally adopted the title, World Public Finances (WPF). At the 2006 polycentric WSF in Bamako, organisations and movements gathered around the proposal of collectively presenting a practical-political proposal for a new basis for an international system of Public Finances.

WPF is defined as an open network of movements and organizations trying to mobilize societies and proposing alternatives on the themes of debts, CTT, control of capital flows, tax havens, money and profit laundering, international taxation, citizen control of public budgets, and other related topics. Its goals are to: promote inter-communication among all these organizations and movements to stimulate common comprehension of themes and share information, stimulate common action, promote research on existing systems of money, credit and taxes, and promote research on how to create a system of WPF.

WPF aims to further elaborate on themes of how to: build a democratic and redistributive system of international taxes, deal with the fiscal havens challenge and at the same time avoid interfering with the efforts for a system of international taxes, build an alternative international monetary system to the dollar dictatorship, and create an international financial system that promotes equality and sustainable development.
Read more on the in initiative as well as on how to join!