International capital flows are now more than 60 times the value of trade flows. The Bank of International Settlements (BIS) is now of the view that large international financial transactions do not facilitate trade, and that excessive financial ‘elasticity’ was the cause of recent financial crises.
‘No Farmer, No Food’ is an old slogan that the Zambia National Farmers’ Union still uses. Some people consider it a cliché, but it could be regaining its place in history as agriculture is increasingly seen as the answer to a wide range of the world’s critical needs such as nutrition, sustainable jobs and income for the rural poor.
Ten presidents and prime ministers from around the world will work together to resolve the growing global water crisis amid warnings that the world may face a 40 percent shortfall in water availability by 2030.
Pakistani visitors to India, usually beset with anxiety about their country`s future, are sometimes relieved to find a good number of Indians similarly worried about their country.
The Asia-Pacific region’s successful achievement of the 2030 Agenda for Sustainable Development needs to be driven by broad-based productivity gains and rebalancing of economies towards domestic and regional demand. This is the main message of the Economic and Social Survey of Asia and the Pacific 2016
, published today by the Economic and Social Commission for Asia and the Pacific. Such a strategy will not only underpin the revival of robust and resilient economic growth, but also improve the quality of growth by making it more inclusive and sustainable.
This year Bangladesh exceeded all expectations, achieving a GDP rate of over 7 percent. With higher growth, the issue of labour rights is also gaining prominence in our national discourse, with more and more emphasis being given on workplace safety and wellbeing. Those amongst us who are educated are becoming more and more aware of our rights in our workplace, as we unhesitatingly demand for better pay, better facilities, a better life, really. And why shouldn't we? This is our right as promised by our Constitution and by our state. But there still remains a large portion of our workforce, over 80 percent to be precise, who are not warranted recognition by any of our state apparatuses. When we talk proudly of progress and development, we tend to take for granted that only those who fall under a formalised structure deserve acknowledgement and thereby can demand their rights under the law. We choose to ignore more than half of Bangladesh's population who, despite their indispensible contribution, are regarded as expendable, replaceable, and thus, undeserving of formal rights or protection.
The publication of the Panama Papers has now been digested, like any scandal, after just a few days. We are now getting so accustomed to scandals, that it is confusing, and the general public reaction often is: all are corrupt and politics is all about corruption.
The 134 members of the Group of 77 and China (G-77) made their mark on the Paris Climate Change Agreement and should now adopt a program of action to implement it, Ambassador Ahmed Djoghlaf told IPS in a recent interview.
The US was the cause of the crisis but has come out better than anyone else in the advanced world and better than many developing countries. During the crisis there was a widespread perception that this was the end of US hegemony. It was end of the dollar as the major reserve currency.
Fifty year-old Prem Kanoosingh rages against his peers who excessively apply chemicals, mostly pesticides and fertilisers, to their crops. "They make cocktails from several products and they use them on their crops. They are criminals", he shouted at a function where the Food and Agricultural Research and Extension Institute launched a bio-farming project in early March 2016.
Behold Pakistan`s latest sporting craze: the game of accountability one-upmanship.One Sharif called for `across-the-board accountability` and was reported to have removed a number of military officers on corruption charges; the other Sharif vowed to resign from his prime ministerial post if investigations into the leaked Panama Papers prove wrongdoing on the part of his family.
In a semiarid region in the northeast Argentine province of Chaco, small farmers have adopted a simple technique to ensure a steady water supply during times of drought: they harvest the rain and store it in tanks, as part of a climate change adaptation project.
42 year-old Saraswati Subedi still remembers the night she almost died in a flash flood. “I heard the cries of my neighbours and ran out of the room with my two children. There was water all around and I thought we were going to die, so I started to pray,” says the mother of the three in Karki Tahara – a village by the river Harpan Khola in Nepal’s Kaski district.
Investing in new entrepreneurs who bring a holistic approach to food sustainability is one way that the food movement can overcome mounting global challenges from environmental degradation to food waste.
The IMF Extended Fund Facility (EFF) of US$ 1.5 billion with an agreement on an economic program supported by the IMF is now imminent. This could be a turning point in the economic fortunes of the country. The IMF facility would replenish the reserves, add confidence in the economy and have a salutary effect on capital inflows.