Globalisation

A New Non-Alignment for the Global South

The Global South had little voice, let alone influence, in shaping the economically ‘neoliberal’ and politically ‘neoconservative’ globalisation leading to contemporary geopolitical economic conflicts. Pacifist non-aligned cooperation for sustainable development offers the best way forward.

Latin America’s Electric Mobility on China’s Path

Residents near the port of Itajaí in southern Brazil celebrated the arrival of 7,292 electric and hybrid vehicles from China aboard the ship BYD Shenzhen on May 28 as a "historic event," with unloading taking four days. 

China is the Driving Force Behind More, Newer Renewable Energies in Latin America

China, with its investments, products, technology, and innovation focused on solar and wind farms in Latin America and the Caribbean, as well as on electricity networks and services, stands out as a driving force for the region's shift toward energy less reliant on fossil fuels and increasingly cleaner and greener. 

Trump Tech Big Bro: Monopoly Is Best

Trump’s billionaire cronies want more monopoly profits, not competition. With more policies crafted for them, wealth concentration is set to become greater than ever.

America First Deepens World Stagnation

Donald Trump’s Make America Great Again (MAGA) appeal captured US mass discontent against globalisation. In recent decades, variations of America First have reflected growing ethnonationalism in the world’s presumptive hegemon.

Imperialism (Still) Rules

Many in the West, of the political right and left, now deny imperialism. For Josef Schumpeter, empires were pre-capitalist atavisms that would not survive the spread of capitalism. But even the conservative Economist notes President Trump’s revival of this US legacy.

The most Secret Memory of Men and the Disgraceful Condemnation of Two African Authors

In 2021, the Senegalese novelist Mohamed Mbougar Sarr became the first writer from sub-Saharan Africa to be awarded the Prix Goncourt, France’s oldest and most prestigious literary prize.

Bangladesh in Crisis: Which way out?

This piece is not about the crisis or the chaos that the country is now facing after successfully toppling the autocratic regime of Sheikh Hasina. Rather, it is about the crisis of confidence and social capital or trust — interlinked, nonetheless.

Between Harris and Trump, More Doubts Than Certainties for Latin America

Migration, trade, the defence of democracy, the confrontation with China and the collapse of multilateralism are issues that shed more doubts than certainties on Latin America's expectations of the imminent presidential elections in the United States.

Another Nobel for Anglocentric Neoliberal Institutional Economics

New institutional economics (NIE) has received another so-called Nobel prize, ostensibly for again claiming that good institutions and democratic governance ensure growth, development, equity and democracy.

Handling Financial Crises in the South

When history repeats itself, the first time is a tragedy; the next is a farce. If we fail to learn from past financial crises, we risk making avoidable errors, often with irreversible, even tragic consequences.

A Tax on the Super-Rich to Fight Hunger Gains Ground

A global agreement could levy a small tax on the world's 3,000 richest people, with fortunes in excess of US$ 1 billion, and use the money to fight world hunger, a study by the Brazilian government and the European Union's Tax Observatory has shown.

IMF Urges Non-alignment in Second Cold War

The IMF no. 2 recommends non-alignment as the best option for developing countries in the second Cold War as geopolitics threatens already dismal prospects for the world economy and wellbeing.

Building Popular National Economic Alternatives*

Viable, popular national economic alternatives require conditions to help build and sustain them. An independent, accountable government can ensure supportive institutions, including laws.

Hapless New Year for Global South

As dire economic predictions for 2023 did not materialise, pundits began 2024 far more optimistically. But policy ghosts from the last half-century will likely undermine such wishful thinking.

Imperialism, Globalisation and Its Discontents*

Imperialism continues to dominate the world. Globalisation is losing to some of its anti-theses, but imperialism still rules, increasingly by law, albeit in changing even contradictory ways.

North Ignores ‘Perfect Storm’ in Global South

A gathering ‘perfect storm’ – due to various developments, several quite deliberate – now threatens much devastation in the global South, likely to most hurt the poorest and most vulnerable.

World Social Forum Seeks to Reemerge as an Influential Gathering of Diversity

The World Social Forum (WSF) is today "more necessary than ever," according to Oded Grajew, promoter and co-founder of the global civil society meeting - a festival of diversity that has not yet succeeded in fomenting or designing the "other possible world" that it predicted when it was created and adopted that motto.

Drought Narrows the Panama Canal, Delays Shipping

At the bar that Sandra manages in Panama City's central financial district, the variety offered on the menu has shrunk due to delays in ship traffic through the Panama Canal, one of the world's major shipping routes.

Onerous Debt Making Poorest Poorer

Contractionary economic trends since 2008 and ‘geopolitical’ conflicts subverting international cooperation have worsened world conditions, especially in the poorest countries, mainly in Africa, leaving their poor worse off.

Middle-Income Country Trap?

In recent decades, failure to sustain economic progress has been blamed on a supposed middle-income country (MIC) trap. Such blaming obscures as much as it supposedly explains.

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