Developing Resilience to Financial Shocks

The global repercussions of the 2007-2008 financial crisis are a stark reminder of the economic interdependence in our globalising world. No country was spared from the shock waves that originated in the financial systems of developed economies.

Lessons in Economic Integration for African Union

As the African Union celebrates its 50th anniversary this year, it is still younger and less integrated than the 56-year-old body that is now the European Union, and, according to politicians and diplomats, has a big advantage over the Europeans as it charts its own path of integration.

Over 100 Million Women Lead Migrant Workers Worldwide

The face of migration is changing dramatically as women and girls now represent about half of the over 214 million migrants worldwide.

China Outranks West to Grab Top Spot in Global Tourism

China, which has outranked Japan as the world's second largest economy and moved ahead of Russia as the world's second largest military spender, has hit the top spot in global tourism.

Q&A: Moving Away from “Elite Multilateralism”

As the global South claims a greater share of the world's GDP, is it also progressing in terms of overall human development? How has this southward tipping of the scale affected the dynamics of international trade? What is the role of global governance in mediating this period of change?

Q&A: A Healthy Verdict from India

India’s refusal to grant patent protection for the anti-cancer drug Glivec, developed by Swiss drugmaker Novartis, is a victory for the developing world, which depends on low-cost exports of generic medicines from the Asian giant, said public health specialist Germán Velásquez.

Venezuela’s Elections Crucial to Latin American Left

The São Paulo Forum, which groups leftist political parties and organisations of Latin America and the Caribbean, sees a victory by Venezuela’s acting President Nicolás Maduro in the Apr. 14 elections as key to the future of the left in the region, and to “containing the right”.

Chinese Investment Tests Limits of Georgian Hospitality

A 150-million-dollar-plus Chinese real estate and tourism deal that is slated for a suburb of Georgia’s capital, Tbilisi, is creating a quandary for many Georgians.

World Bank Aims to End Extreme Poverty by 2030

World Bank President Jim Kim has unveiled a series of new institutional goals aimed at ending extreme poverty by 2030 and focusing on the promotion of “shared prosperity” – increasing the incomes of the poorest 40 percent in each country while placing increased focus on dealing with climate change.

India’s Top Court Dismisses Drug Patent Case

India's highest court has dismissed Swiss drug maker Novartis AG's petition seeking patent protection for a cancer drug, a serious blow to Western pharmaceutical firms which are increasingly focusing on India to drive sales.

U.N. Accused of Opaque Selection Process for Top Officials

- The Geneva-based U.N. Conference on Trade and Development (UNCTAD), described as a key forum for developing nations on issues relating to trade, investment and development, will have a new secretary-general come September.

Not Yet Banking on BRICS

Although leaders of the Brazil, Russia, India, China and South Africa group agreed to launch a new development funding institution, giving the club a major infrastructure boost, some here are sceptical about the potential impact of the new bank.

OP-ED: The BRICS and the Rising South

On Tuesday, leaders of five large emerging economies – Brazil, Russia, India, China, and South Africa, known as the BRICS – will gather in Durban, South Africa to discuss harnessing their formidable resources on behalf of faster development progress in Africa and elsewhere.

Dependent on Venezuela’s Oil Diplomacy

Venezuela’s economic challenges, more than the uncertainty over who will succeed late president Hugo Chávez, could threaten the oil diplomacy he practiced in the region.