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Tag Archives: economy

UN Report: Rising inequality affects more than 70% of Globe

NEW YORK, Jan 21 2020 (IPS) – Inequality is growing for more than 70 per cent of the global population, exacerbating the risks of divisions and hampering economic and social development. But the rise is far from inevitable and can be tackled at a national and international level, says a flagship study released by the UN on Tuesday. Read More »

Belt and Road Initiative: The Bridge that Spans the World

By Peter Koenig The Belt and Road Initiative (BRI), also called the New Silk Road, is based on a 2,100-year-old trade route between the Middle East and Eastern Asia, called the Silk Road. It wound its ways across the huge landmass Eurasia to the most eastern parts of China. It favoured trading, based on the Taoist philosophy of harmony and ... Read More »

Population: Pro-Growth Demographic Dogma

By Joseph Chamie NEW YORK, Jan 20 2020 (IPS) – Whenever the issue of population comes up, pro-growth demographic dogma invariably dominates. Governments, political parties, businesses, the media and many others typically praise population growth and lament population slowdown, stabilization or decline. The demographic dogma basically advocates maintaining robust population growth and a larger and youthful population. Read More »

Billionaires beware

By Anis Chowdhury and Jomo Kwame Sundaram Sydney and Kualalumpur, Jan 7 2020 (IPS) – The latest November 2019 UBS/PwC Billionaires Report counted 2,101 billionaires globally, or 589 more than five years before. Earlier, Farhad Manjoo had seriously recommended, ‘Abolish Billionaires’, presenting a moral case against the super-rich as they have and get far, far more than what they might ... Read More »

Sustainability is social, environmental and economic

by Liina Carr on 16th December 2019 @liina_carr The principle of ‘sustainability first’ should become the golden thread unifying all EU actions. While recent Fridays for Future and Extinction Rebellion actions have heightened the focus on climate change, sustainability is not just about the environment. In calling for climate justice, trade unions demand a far-reaching transformation of the economy, a ... Read More »

The German impasse

by Adam Tooze on 12th November 2019 Adam Tooze dissects how the macroeconomic policy discourse is disabling necessary German, and European, steps forward. The autumn of 2019 is a moment of anniversaries. The 30th anniversary of German unification has garnered much attention. Rather less remarked upon has been the ten-year anniversary of the eurozone crisis. It was in the autumn ... Read More »

Oceans as an investment priority

By Emma Navarro Oslo – The Earth’s oceans face many threats, none of which have quick fixes. Still, the solutions are known, and with a sufficiently broad coalition of partners, we can get the ball rolling on a number of fronts. Read More »

The rise of phantom investments

By Jannick Damgaard, Thomas Elkjaer and Niels Johannesen Washington DC, Oct 3 2019 (IPS) – According to official statistics, Luxembourg, a country of 600,000 people, hosts as much foreign direct investment (FDI) as the United States and much more than China. Luxembourg’s $4 trillion in FDI comes out to $6.6 million a person. Read More »