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Oct 11, 2019 · McKinsey reported that the racial wealth gap will cost the US economy between $1 trillion to $1.5 trillion between 2019 and 2028; in other words, closing the racial wealth gap could increase the projected GDP in 2028 by 4-6%. While the costs and gains of reparations mean that everyone in the United States is a stakeholder, reparations remains a ...
The Economics of Reparations. By WILLIAM DARITY, JR. AND DANIA FRANK*. I. Reparations and Slavery Israel ... " (Robert Westley, 2003 p. 120). Thus, German reparations payments went to institu- The United States government's posture at tional entities (Israel and the Claims Confer- the 2001 World Conference Against Racism ence), to survivors of ...
Jun 18, 2020 · Mr Darity and Ms Mullen say that the difference in mean net wealth between white and black households ($795,000 in 2016) is the “most robust indicator of the cumulative economic effects of white ...
Pilots of reparations include compensation for individuals or groups who have been historically subjected to harm or injustice (e.g. slavery, indigenous, holocaust, colonial reparations). These programmes may take various forms, including financial compensation, educational initiatives, healthcare provisions, or other measures aimed at addressing historical and systemic wrongs.
- What Are Reparations?
- How Do Reparations Work?
- Money Is Just One Part of Reparations
- Putting Survivors at The Center
Reparations are part of a set of tools that societies use to respond to past mass violence. Often called transitional justice, these tools also include things like truth commissions, criminal trials and institutional reform. Transitional justice has emerged from international human rights laws requiring United Nations member states to bring perpetr...
In the United States, when people hear the term “reparations,” they often think of direct payments of money. But there are many forms that reparations can take. “Compensation” is the direct payment of money. “Restitution” is the return of rights and property. “Rehabilitation” includes things like giving victims mental and physical health care. Ther...
Mass atrocities arise from complex social and political processes that target certain identity groups. So addressing all of their legacies successfully requires many different policy initiatives working hand in hand, or complementarity. In Argentina and Peru, for instance, national truth commissions investigated and brought to light the abuses that...
If a reparations package is determined by political elites behind closed doors, it may fail to restore the trust that has been decimated by past wrongs. So, as argued by the Office of the UN High Commissioner for Human Rights, consultation with the communities that have suffered the most harmmust be at the center of determining what reparations loo...
- Kerry Whigham
John Torpey finds that reparations are either commemorative: ‘backward looking, not necessarily connected to current economic disadvantage’… or anti-systemic in nature: ‘rooted in claims that a past system of domination (colonialism, apartheid, slavery, segregation) was unjust and is the cause of continuing economic disadvantage suffered by those who lived under these systems or their ...
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OHCHR and transitional justice. Select. Victims have a right to reparation. This refers to measures to redress violations of human rights by providing a range of material and symbolic benefits to victims or their families as well as affected communities. Reparation must be adequate, effective, prompt, and should be proportional to the gravity ...
