Globalisation

Opinion: A Farewell to Arms that Fuel Atrocities is Within Our Grasp

The recent explosions that apparently destroyed a 2,000-year-old temple in the ancient city of Palmyra in Syria were yet another grim example of how the armed group calling itself the Islamic State (IS) uses conventional weapons to further its agenda.

Emerging Industrial Power Rises From Aid Beneficiary to Donor Nation

Back in 1996, when South Korea voluntarily quit the 132-member Group of 77 (G77) – described as the largest single coalition of developing nations -- it joined the 34-member Organisation for Economic Cooperation and Development (OECD), long known as the “rich man’s club” based in Paris.

Opinion: How Will Wall Street Greet the Pope?

Millions in the New York City area are excited about Pope Francis’ visit on Sep. 25 to address the U.N. General Assembly as worldwide consensus grows on the need to shift global investments from fossil fuels to clean, efficient, renewable energy in the UN’s Sustainable Development Goals (SDGs) scheduled to replace the expiring Millennium Development Goals (MDGs). 

China’s Economy Has Sounded the Alert; Will Latin America Listen?

For years, Latin America has exported its raw materials to China’s voracious factories, fuelling economic growth. But now that the Asian giant is putting a priority on domestic consumption over industrial production, how will this region react?

UK, France Agree to New Measures to Tackle Migration Crisis

In response to the rapidly growing numbers of refugees and asylum seekers flooding European shores, France and the UK have announced new measures to crack down on English Channel crossings.

Opinion: No Aid, No Tax, No Development

The Addis Ababa Action Agenda is widely seen as a major disappointment for developing countries as well as others hoping for adequate means of implementation to realise national development ambitions and the Sustainable Development Goals (SDGs).

Opinion: The Sad Historical Consequences of the Greek Bailout

In recommendations to German Chancellor Angela Merkel at the end of July, the German Council of Economic Experts outlined how a weak member country could leave the Eurozone and called for strengthening the European monetary union.

Even the Rich Have Not Harnessed Full Potential of Digital Economy

The digital economy permeates countless aspects of the world economy, impacting sectors as varied as banking, retail, energy, transportation, education, publishing, media or health. But the full potential of the digital economy has yet to be realised even in the world’s most advanced and emerging countries, says a new report.

Faith Leaders Issue Global “Call to Conscience” on Climate

“We received a garden as our home, and we must not turn it into a wilderness for our children.”

Opinion: A BRICS Bank to Challenge the Bretton Woods System?

The formal opening of the BRICS Bank in Shanghai on Jul. 21 following the seventh summit of the world’s five leading emerging economies held recently in the Russian city of Ufa, demonstrates the speed with which an alternative global financial architecture is emerging.

Calls Mount for “Bold” Climate Deal in Paris

A diverse coalition of 24 leading British scientific institutions has issued a communique urging strong and immediate government action at the U.N. climate change conference set for Paris in December.

The Myths About the Nuclear Deal With Iran

The single biggest misunderstanding about the nuclear agreement with Iran is that it is a bilateral deal with the United States.

Opinion: Unrestrained ‘Privatisation of Poverty-Reduction’ Puts Human Rights at Risk

Corporate lobbyists are unusual guests at development meetings, but when the United Nations held its Financing for Development conference in Addis Ababa this week to decide who pays for its new “Sustainable Development Goals”, some governments laid out the red carpet for the private sector.

IMF Steps Up Lending to Achieve Sustainable Development

As the Third International Conference on Financing for Development opens in the Ethiopian capital, Addis Ababa, Monday, all eyes are on the United Nation’s post-2015 development agenda, billed as the most ambitious and far-reaching poverty eradication plan in the organisation’s history.

“Why Hire a Lawyer When You Can Buy a Judge?”

A woman is stopped at a checkpoint; she gives birth, and dies. Another is sold in a slave market. A boy is killed by a tank. A young man drowns at sea, trying to reach a haven safe from oppression and poverty.

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