Economy & Trade

Nepal Government, UN Agency Seek Investors for Latest Cash Crop to Boom in Country’s East

Two and a half hours’ drive north from Kakarbhitta, Nepal’s eastern-most border crossing with giant neighbour India, lies the hilly hamlet of Salakpur where lives Kaushila Moktan, a famed farmer of large cardamom.

Climate Action Plans Could Help Address Injustice, Inequity in African Cities

Equity and justice feature prominently in the Intergovernmental Panel on Climate Change 6th (IPCC) Assessment Report Working Group II, published in 2022. The report focuses on the impacts of climate change, as well as vulnerability and adaptation.

Hard Hit By Climate Change, Villagers Raise a Forest on Their Own

Some ten years ago, Sheemanto Chatri, a 39-year-old farmer hailing from India's northeastern state of Meghalaya, was reeling with distress. The unseasonal rainfall had washed away all the crops he had cultivated after year-long labor in his far-off hamlet.

From Indonesia to India: Is There Hope for Anti-Corruption Efforts Within the G20?

As global crises mount, the G20 is proving unable to find solutions. Political disagreements within the bloc- including most prominently with Russia over the ongoing war in Ukraine- have hamstrung collective efforts.

Women’s Financial Inclusion, Empowerment in Kenya

A two-year-old child cries hysterically as his mother attends to customers standing in front of her stall to buy vegetables on the outskirts of the Kenyan capital Nairobi. The mother, 25-year-old Esther, who refuses to give her surname for fear her husband will know that she has spoken to strangers about family issues, sells spinach, onion, tomato, garlic, and green pepper at a street corner to supplement her husband’s “meager” construction wage. It has been four years since she started the business, and she says it is beginning to feel like an eternity.

Inflation Phobia Hastens Recessions, Debt Crises

Inflation phobia among central banks (CBs) is dragging economies into recession and debt crises. Their dogmatic beliefs prevent them from doing right. Instead, they take their cues from Washington: the US Fed, Treasury and Bretton Woods institutions (BWIs).

Cuban Innovator Uses Sunlight to Create a Model Sustainable Space

After making a model for a solar heater, installing solar panels and creating a device to dehydrate food with the help of the sun, Félix Morffi is turning his home into a space for the production and promotion of renewable energies in Cuba.

Women Advocates for Harvesting Rainwater in Salinity-Affected Coastal Bangladesh

Like many other women in Bangladesh's salinity-prone coastal region, Lalita Roy had to travel a long distance every day to collect drinking water as there was no fresh water source nearby her locality.

How to Make COP27 a Success

Each year, low-emitting countries like Bangladesh are the greatest sufferers and, paradoxically, pay the biggest price in losses and damages resulting from climate change.

The Swedish Elections: A Victory for Populism

After general elections on the 12th September, Sweden is on the threshold of a new era. The Sweden Democrats (SD) won almost 21 percent of the votes and thus became the largest in a bloc of right-wing parties that now have a collective majority in the parliament. A nation that for a long time prided itself of being a beacon of tolerance and openness will now experience a historical transformation. The Sweden Democrats was once founded by Nazi sympathisers and for decades shunned by mainstream politicians. However, SD has now tipped the political scale in a country previously known for its stable and predictable politics, and some of the party’s former foes are now willing to co-rule with them.

Towards a More Secure Future Through Effective Multilateralism

As world leaders gather in New York for the opening of the 77th session of the United Nations General Assembly this week, the security horizon is undoubtedly dark.

Guatemalans Fight Extractive Industries

The majority of the Guatemalan population continues to oppose mining and other extractive projects, in the midst of a scenario of socio-environmental conflict that pits communities defending their natural resources against the interests of multinational corporations.

Innovative Financing to Protect Public Health During a Pandemic

Economic recovery since the COVID-19 pandemic has been uneven amidst a cautious loosening of restrictions. But even at the height of the pandemic, it was business as usual for the tobacco industry.

Inflation Targeting Farce: High Costs, Moot Benefits

Policymakers have become obsessed with achieving low inflation. Many central banks adopt inflation targeting (IT) monetary policy (MP) frameworks in various ways. Some have mandates to keep inflation at 2% over the medium term. Many believe this ensures sustained long-term prosperity.

Mexico’s Electric Mobility, Stuck in Fossil Fuel Traffic

The Mexico City government began testing an elevated route for electric buses with great fanfare on Sept. 11, in a bid to promote more sustainable transport. The initiative is part of an incipient promotion of electromobility in the country, amidst pro-fossil fuel energy policies.

Equal Pay for Work of Equal Value

International Equal Pay Day, observed officially by the United Nations on 16 September, aims to draw attention to the gender pay gap – the difference between what a woman earns compared to a man for work of equal value – and the systemic inequalities it is rooted in.

Great Wind and Solar Potential Boosts Green Hydrogen in Northern Brazil

Brazil could become a world leader in the production of green hydrogen, and the northeastern state of Ceará has anticipated this future role by making the port of Pecém, with its export processing zone, a hub for this energy source.

What Does the African Continental Free Trade Agreement Hold for Women?

Agnes Opus sells cereals in Busia, the border town between Kenya and Uganda. This is her lifeline through which she caters for her immediate family’s needs from school fees to housing and medical care and support to her extended family. While she dedicates all her energy and time to this work which she loves, she struggles to meet all her needs. She faces many non-tariff barriers including harassment by officials and unclear and ever-changing information on trade requirements.

Africa Struggles with Neo-Colonialism

After a quarter century of economic stagnation, African economic recovery early in the 21st century was under great pressure even before the pandemic, due to new trade arrangements, falling commodity prices and severe environmental stress.

Optimism Prevails Despite Uncertainty Over Revolution to Build Africa’s Food Systems

The 2022 Africa Green Revolution Forum (AGRF) Summit ended in Kigali, Rwanda, with policymakers, activists, researchers, business leaders, and agricultural experts divided over the right pace to build resilient agri-food systems on the continent.

United We Stand to Achieve Sustainable Development

The world today faces a future that is in peril. Our challenges have become more complex and interconnected, as we see the impacts of the COVID-19 pandemic, an uneven economic recovery, a climate emergency, growing inequalities, and an increase in conflicts globally. This year also marks a grim milestone, with over 100 million people forcibly displaced.

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