The Asian financial crisis started 20 years ago and the global financial crisis and recession 9 years back. When a new global financial crisis strikes, the developing countries will be more damaged than in the last crisis as they have become less resilient and more vulnerable. They thus need to prepare from being overwhelmed.
It’s been 20 years since the Asian financial crisis struck in July 1997. Since then there has been an even bigger global financial crisis, centred in the United States starting in 2008. Will there be another crisis in the near future?
By withdrawing the United States from the Paris Agreement, President Donald Trump abdicated not only leadership but membership of the community of nations cooperating to tackle climate change, the most serious crisis facing humanity.
Global climate change policy is in a state of flux, with all other countries waiting for the United States to decide whether to leave or remain in the Paris Agreement.
This week, Donald Trump will mark his first hundred days as US President. It’s time to assess his impact on the world, especially the developing countries.
What’s the most precious thing in the world which unfortunately we take for granted and realise it true value when it is impaired? Good health, of course.
Last year Uber started testing driver-less cars, with humans inside to make corrections in case something goes wrong. If the tests go well, Uber will presumably replace their present army of drivers with fleets of the new cars.
Recently a very interesting article on why there are inequalities in access to health care and how medicine prices are beyond the reach of many people was published in The Lancet, one of the most prestigious medical journals in the world.
As American lawmakers and the Trump administration prepare the ground for introducing a border adjustment tax, many controversial issues have emerged, including whether they go against the rules of the World Trade Organisation (WTO).
A new and deadly form of protectionism is being considered by Congress leaders and the President of the United States that could have devastating effect on the exports and investments of American trading partners, especially the developing countries.
His first days in office indicate that President Donald Trump intends to implement what he promised, with serious consequences for the future of the United Nations, trade, the environment and international cooperation, and developing countries will be most affected.
Yet another new year has dawned. But 2017 will be a year like no other.
What kind of trade policy will the United States have under President Donald Trump? This is a hot issue, as Trump has made unorthodox pronouncements on trade issues during and after the election campaign. If he acts on even some of the positions he took, it will create a sea change in trade policy in the US and possibly the world.
Even before taking office, President-Elect Donald Trump and the policies he promised during his campaign are already having a worldwide impact in at least three areas -- global finance, trade and climate change.
As evidence mounts on the threats posed by air pollution to both human health and the environment, action must be urgently taken to address this problem.
New research is showing that air pollution is a powerful if silent killer, causing 6.5 million worldwide deaths as well as being the major cause of climate change.
It’s had a very useful if sometimes controversial past and it will have great relevance for many more years ahead. That’s the sense one has about the Declaration on the Right to Development as it is commemorated 30 years after its adoption by the United Nations General Assembly in 1986.
No country was more active in pushing for the Trans Pacific Partnership (TPP). In the five years of negotiations, the United States cajoled, persuaded and pressurised its trade partners take on board its issues and positions.
The United Nations’ leading development organisation UNCTAD recently obtained a renewed mandate for its work, but not without difficulty.This is because the developed countries are now much more reluctant to give concessions to the developing countries, thus showing up the present shaky state of North-South relations and of development cooperation.
The last World Health Assembly (WHA) in Geneva (23-28 May) discussed the manifold global health crises that require urgent attention, and adopted resolutions to act on many issues. We are currently facing many global health related challenges, and as such multiple actions must be taken urgently to prevent these crises from boiling over.
South-South cooperation is usually seen as a poor second fiddle to North-South aid in the world of development assistance. Indeed, developing countries’ policy makers themselves insist that South-South cooperation can only supplement but not replace North-South cooperation.