Economy & Trade

Mounting Illicit Financial Outflows from South

Although quite selective, targeted, edited and carefully managed, last year’s Panama Papers highlighted some problems associated with illicit financial flows, such as tax evasion and avoidance. The latest Global Financial Integrity (GFI) report shows that illicit financial outflows (IFFs) from developing countries, already at alarming levels, continue to grow rapidly.

Sustainable Water Management as a Lever for Green Growth in Ethiopia and the Region

Sustainable water supply is imperative for economic growth, but so often gets side-lined in the rush for development. The unanticipated consequence is a global economy that is increasingly stunted by water resource challenges, with worldwide predictions suggesting that global water demand will increase by approximately 75% more than global water supply in the next 30 years!

A New Global Compact on Safe, Orderly and Regular Migration

At this crucial juncture of international migration, where numerous push and pull factors have engendered unprecedented migration flows across the globe, the ongoing discussions at the United Nations must lead to meaningful and practical outcome.

Slave Labour, Another Setback for the Government of Brazil

The wave of conservativism is testing its limits in Brazil, as reflected by a Labour Ministry decree that seeks to block the fight against slavery-like working conditions, which has been provisionally revoked by the justice system.

Impending Drought? There’s an App for That – Or Should Be

Fostering and harnessing innovative technologies could significantly reduce the negative impacts from climate change, including drought, water scarcity and food insecurity in African countries.

Kashmir’s Farmland Plowed Under in Wave of Urbanization

In central Kashmir’s Ganderbal district, 40-year-old Javaid Ahmad Hurra remembers vividly how his small hamlet used to be lush and green when he was a child. It is now subtly turning into a concrete jungle, with cement structures dominating the scenery.

Pollution or How the ‘Take-Make-Dispose’ Economic Model Does Kill

The prevailing “Take-Make-Dispose” linear economic model consisting of voracious depletion of natural resources in both production and consumption patterns has proved to be one of the world’s main killers due to the huge pollution it causes for air, land and soil, marine and freshwater.

Time Running Out for Somaliland’s Crumbling and Neglected Treasures

The name alone—Berbera—ripples with exotic resonance, conjuring images of tropical quays, swarthy traders and fiery sunsets imbued with smells of spices, incense and palm oil.

Deliberate Famine Should Be a War Crime, UN Expert Says

The deliberate starvation of civilians could amount to a war crime and should be prosecuted, said an independent UN human rights expert.

Why 1997 Asian Crisis Lessons Lost

Various different, and sometimes contradictory lessons have been drawn from the 1997-1998 East Asian crises. Rapid or V-shaped recoveries and renewed growth in most developing countries in the new century also served to postpone the urgency of far-reaching reforms. The crises’ complex ideological, political and policy implications have also made it difficult to draw lessons from the crises.

Role of the Fashion Industry in UN’s Sustainable Development Goals

Fashion is not a sector that exists in a vacuum. In fact, the fashion industry is not unlike any other key economic drivers; it is a key component of a global economy and certainly an important sector to consider when thinking about the UN’s 17 Sustainable Development Goals (SDGs).

Innovation for Climate-Smart Agriculture Key to Ending Hunger in Kenya

Some parts of Kenya are reeling from the effects of probably the worst drought in the last 20 years. With nearly 3.4 million people food insecure, Kenya’s food security prognosis looks gloomy, with climate change and natural resource depletion set to pose even greater risks in the long term.

Austrian Elections: The Crisis of Europe Continues

The Austrian elections show clearly that media have given up on contextualising events. To do that, calls for a warning about Europe’s future, as a vehicle of European values is required. Europe has been weakened by all the recent elections, with the notable exception of France. Common to all, France included, were some clear trends, that we will hastily, and therefore maybe imperfectly, examine.

World Energy Day raises awareness about importance of ensuring safe and sustainable energy for everyone: DEWA CEO

By WAM
World Energy Day is an opportunity to emphasise the importance of joint efforts among organisations and members of society to reduce practices that harm the environment and raise awareness about the importance of rationalising energy use and reducing carbon emissions, Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy and Managing Director and CEO of the Dubai Electricity and Water Authority, DEWA, said in a statement on World Energy Day.

Cycles of Wealth in Brazil’s Amazon: Gold, Lumber, Cattle and Now, Energy

The burning down of the local forest, on Jun. 29, 1979, was the first step towards the creation of the city of Paranaita, in a municipality that is now trying to shed its reputation as a major deforester of Brazil’s Amazon rainforest and has named itself “the energy capital.”

World Campaign to Clean Torrents of Plastic Dumped in the Oceans

With 30 countries from Kenya to Indonesia and from Canada to Brazil now involved in the world campaign to beat pollution by countering the torrents of plastic trash that are degrading oceans and endangering the life they sustain, the UN has strengthened its massive efforts to clean up the seas, which are the Earth’s main buffer against climate change.

Can Index Insurance Make African Farmers Climate-resilient?

Index insurance is being promoted as a solution to protect climate affected smallholder farmers in Africa. This type of micro insurance is slowly gaining ground as a way of compensating farmers for lost crops and livestock due to climate change.

The Future for Financing Africa’s Renewable Energy

Lack of energy access presents a formidable challenge to Africa and lack of access to financing has been singled out as the biggest reason why over 620 million people living on the continent are stuck in energy poverty.

Zimbabwe’s Diaspora Could Help Revive Ailing Economy

At the dawn of the millennium, Sheila Mponda, 60, waved goodbye to her four children, who were leaving Zimbabwe for the United Kingdom in search of greener pastures. Mponda had just lost her husband and had been a housewife all her life.

An Inequality Beyond Wealth: Gaps in Women’s Health

While many often focus on wealth disparities, economic inequality is often a symptom and cause of other inequalities including women’s access to sexual and reproductive health.

To Eliminate Poverty, Better Understanding Needed

As the United Nations’ Second Decade for the Eradication of Poverty (2008-2017) comes to an end, more self-congratulation is likely. Claims of victory in the war against poverty will be backed by recently released poverty estimates from the World Bank, entrusted by the UN system to monitor poverty.

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