Four of the top five most impactful threats in this year’s World Economic Forum´s Global Risks report are related to climate change. The report warns that we are “sleepwalking to disaster
” . But that is not true.The disaster is already here, it´s not something we are still walking towards. Climate change is no future threat, it´s a current one. We have entered a new phase, one in which the impacts are coming faster, with greater intensity.
After Theresa May’s defeat in the British parliament it is clear that a new spectre is haunting Europe. It is no longer the spectre of communism, which opens Marx’s Manifesto of 1848; it is the spectre of the failure of neoliberal globalisation, which reigned uncontested following the fall of the Berlin Wall, until the financial crisis of 2009.
The person most qualified to write the foreword for the latest work by Riccardo Petrella, In the Name of Humanity, would actually be Pope Francis, who, using other words but speaking of values and making denouncements, has often argued what the reader will find in its pages.
The upcoming conference on the Buenos Aires Plan of Action (BAPA+40), scheduled to take place in the Argentine capital on 20-22 March 2019, ought to be more than just another UN conference where the developing countries assemble to present their demands and seek support from the North.
The world’s political and economic elites, that will once again gather at the Swiss mountain resort of Davos for the annual World Economic Forum (WEF) 22-25 January, have become all too predictable. It's not difficult to predict what they will say, because they always say what's in their interests.
Ministers and senior policymakers across Asia and the Pacific are gathered in Bangkok this week to focus on population dynamics at a crucial time for the region. Their goal: to keep people and rights at the heart of the region’s push for sustainable development. They will be considering how successful we have been in balancing economic growth with social imperatives, underpinned by rights and choices for all as enshrined in the landmark Programme of Action stemming from the 1994 International Conference on Population and Development, or ICPD.
‘Do not let us off the hook; keep our feet to the fire’. These were the words of the UN Secretary General Mr. Antonio Guterres
when he promised to personally lead the global body towards greater gender equality.
Economic inequality – involving both income and wealth concentration – has risen in nearly all world regions since the 1980s. Gross economic inequalities moderated for much of the 20th century, especially after World War Two until the 1970s, but has now reached levels never before seen in human history.
On 12 September, the international community commemorated the UN Day for South-South Cooperation. This is an important acknowledgement of the contributions of Southern partnerships in addressing the many development challenges that confront the international community, such as poverty, climate change, inequality, contagious diseases and humanitarian crises.
In 2009, the world economy contracted by -2.2%. Growth in all developing countries declined from around 8% in 2007 to 2.6% in 2009 as the developed world contracted by -3.8% in 2009. The collapse of the Lehmann Brothers investment bank in September 2008 symbolized the US financial crisis that triggered the Great Recession of 2008-2009.
For ten years now, in special partnership with the community of Musanze, Rwanda, Indiana University (IU) has created meaningful programs and connections across the country. It is an unlikely partnership, one that formed over 10 years ago with a university alum recognizing an opportunity for not only cultural literacy but friendship.
Under the blazing midday sun, a tractor moves slowly along a dirt trail in Nacharwari
Pallem, a village of the Yanadi indigenous people located some three hours from Chennai city in South India. Atop the tractor, women of the village – 36 in all – sit expectantly, ignoring the heat. Squeals of excitement fill the air as the tractor slowly halts near a stretch of rice fields.
Hardly a day goes by in the development world without hearing the term “platform”. Like in the business world, it’s becoming harder for any development organization to provide a single service or product that will make broad impact. Airbnb doesn’t build homes, it creates a network that brings together host and guests.
At the High-Level Political Forum, which concluded mid-July, world leaders from 46 countries show-cased their progress in achieving the UN’s 17 Sustainable Development Goals (SDGs), including eradicating extreme poverty and hunger by 2030.All 46 countries produced voluntary national reviews (VNRs) aimed at facilitating the sharing of their experiences, including successes, challenges and lessons learned, with a view to accelerating the implementation of the 2030 SDG Agenda.
Ten years ago, deteriorating confidence in the value of US sub-prime mortgages threatened a liquidity crisis. The US Federal Reserve injected considerable capital into the market, but could not prevent the 2008-2009 global financial crisis (GFC).The 2008 meltdown exposed the extent of finance-led international economic integration, with countries more vulnerable to financial contagion and related policy ‘spillovers’ exacerbating real economic volatility. It also revealed some vulnerabilities of the post-Second World War (WW2) US-centred international financial ‘architecture’ – the Bretton Woods system – modified after its breakdown in the early 1970s.
Economic divergence among countries and regions was never pre-ordained. According to the late cliometrician Angus Madison and other economic historians, the great divergence between the global North and South, between developed and developing countries, began around five centuries ago, from the beginning of the European, particularly Iberian colonial conquests.
A global trade war has broken out. The United States fired the first salvo and there has been retaliation by the European Union, Canada, China and even India. Tariffs on certain imported goods have been increased in a tit-for-tat reaction.
It is with great pleasure and pride that I interact with you this afternoon as India’s Minister of Housing and Urban Affairs, to share some thoughts on India’s extremely ambitious, and arguably the world’s largest planned urbanization programme under the leadership of our Prime Minister, Narendra Modi.
New York has long been considered a pioneer – in fashion, art, music, and food, just to name a few. Now this city of 8.5 million is leading a shift in how we tackle today’s toughest global challenges like climate change, education, inequality, and poverty.
Three years into the implementation period of the 2030 Agenda for Sustainable Development, is Asia Pacific on track to meet the Sustainable Development Goals (SDGs)?