Economy & Trade

How Marginalised Women in India Bore an Extra Burden of COVID-19 ‘Shadow Pandemic’

Women living in rural India and those belonging to marginalised communities faced an enormous burden during the COVID-19 pandemic shutdowns, including domestic violence, loss of financial assistance and income, says Rehana Adeeb, a grassroots Muslim woman leader and activist.

Renewed, More Ambitious Targets of Paris Agreement Needed

Projected reductions in greenhouse gas emissions are falling "far short" of what is required to achieve the targets of the Paris Agreement.

That is according to the United Nations Framework Convention on Climate Change (UNFCCC), which released its Nationally Determined Contributions (NDC’s) Scorecard today, Feb 26.


Money Laundering: the Darker Side of the World’s Offshore Financial System

A sign outside a laundry in New York city had a frivolously flippant slogan: “We launder dirty clothes, not dirty money.” And a 2019 movie titled “Laundromat,” based on a book ‘Secrecy World’ by Pulitzer Prize winning author Jake Bernstein, exposed the byzantine world of money laundering.

Lebanon: A Lion Pit for Journalism

Our deadliest nightmare is back: Political assassinations in Lebanon is back with the horrific murder of Luqman Slim, a vocal critic of Hezbollah. Slim’s assassination is the first killing of a high-profile activist and outspoken journalist in years. What do the political assassinations in Lebanon tell us about the history of this country?

A Growing Shift in the Narrative about Climate Action

A keen awareness about the intersection of our ecosystem and the “accelerating destabilisation of the climate” is helping shift the narrative for climate action and can help us transition from being polluters to becoming protectors of the climate, said Marco Lambertini, Director General at the World Wide Fund for Nature.

Drug Use is a Health Issue – We Need to Decriminalize

Earlier this month, and in December 2020 the Government of Samoa conducted operations that resulted in the confiscation of a total of 1,400 grams of methamphetamine at the border, smuggled from the US. The law enforcement officials (from the Ministry of Customs and Revenue and the Ministry of Police and Prisons) that intercepted these drugs deserve congratulations for their professionalism and skill. Meth is destructive and harmful - and it is good to see this potential threat removed from the community.

The Global Insecurity of Climate Change

For Sudanese youth, climate change is synonymous with insecurity. “We are living in a continuous insecurity due to many factors that puts Sudan on top of the list when it comes to climate vulnerability,” said Nisreen Elsaim, Sudanese climate activist and chair of United Nations Secretary General's Youth Advisory Group on Climate Change.

Mexico to Ban Glyphosate, GM Corn
Presidential Decree Comes Despite Intense Pressure from Industry, U.S. Authorities

Mexican president Andrés Manuel López Obrador quietly rocked the agribusiness world with his New Year’s Eve decree to phase out use of the herbicide glyphosate and the cultivation of genetically modified corn. His administration sent an even stronger aftershock two weeks later, clarifying that the government would also phase out GM corn imports in three years and the ban would include not just corn for human consumption but yellow corn destined primarily for livestock. Under NAFTA, the United States has seen a 400% increase in corn exports to Mexico, the vast majority genetically modified yellow dent corn.

Myanmar: Heroes and Villains

Myanmar’s State Counsellor was recently deposed and arrested along with other leaders of her ruling party – National League for Democracy (NLD). The Leader of Tatmadaw, the Military, Min Aung Hlaing, announced that elections in November last year had been fraudulent and in an “effort to save democracy” the military would now rule the nation for at least one year, until new elections could be organised. Counsellor Aung San Suu Kyi is accused of “importing ten or more walkie-talkies” and of violating the nation’s “Natural Disaster Law”. Some might agree that Suu Kyi deserves to be locked up. As an admired role model and Nobel Peace Prize winner, she was globally depicted as an almost saintlike being, canonized in movies like Luc Bessons’s The Lady. U.S. Secretary of State, Hillary Clinton, watched the movie before she in 2011 visited Suu Kyi, who by then had spent altogether fifteen years in house imprisonment, deprived of the company of an ailing and eventually dying husband and two sons. In spite of her forced isolation she became an eloquent representative for her compatriots’ resistance and perseverance under almost fifty years of military dictatorship.

Developing Countries Struggling To Cope With COVID-19

The ongoing COVID-19 pandemic is adversely impacting most developing countries disproportionately, especially the United Nations’ least developed countries (LDCs) and the World Bank’s low-income countries (LICs). Years of implementing neoliberal policy conditionalities and advice have made most developing countries much more vulnerable to the COVID-19 pandemic by undermining their health systems and fiscal capacities to respond adequately.

Sustainable Energy Key to COVID-19 Recovery in Asia and the Pacific

The past year is one that few of us will forget. While the impacts of the COVID-19 pandemic have played out unevenly across Asia and the Pacific, the region has been spared many of the worst effects seen in other parts of the world. The pandemic has reminded us that a reliable and uninterrupted energy supply is critical to managing this crisis.

The Boon and Bane of LDC Graduation: The Bangladesh Experience

Bangladeshis at the present time share a modicum of justifiable pride in the fact that the world merits this country worth watching in terms of its economic potentials. To my mind , we have reached this stage for the following reasons: First, effective utilization of early foreign assistance; second a steady ,albeit sustained, move away from a near -socialistic to an open and liberal economy; third , a shift from agriculture to manufacturing as land-space shrank to accommodate urbanization; fourth , an unleashing of remarkable entrepreneurial spirit among private sector captains of industry, as evidenced in the Ready Made Garments industry: fifth, the prevalence of a vibrant civil society intellectually aiding the social transformation with its focus on health, education, and gender issues: and finally ,a long period of political stability notwithstanding the traditional predilections of Bengali socio-political activism.

In Argentina’s Chaco Region, the Forest Is Also a Source of Electricity

The forest is the main resource in the Chaco, a vast plain shared by Argentina, Bolivia and Paraguay. And how to use it sustainably is the most difficult question. Two recently inaugurated power plants fired by forest biomass provide a possible answer, although they are not free of controversy.

UN Blueprint that Could Urgently Solve Earth’s Triple Climate Emergencies

“Our war on nature has left the planet broken. This is senseless and suicidal. The consequences of our recklessness are already apparent in human suffering, towering economic losses and the accelerating erosion of life on Earth,” António Guterres Secretary-General of the United Nations said.

Money vs. Happiness

The question whether the rich are more satisfied with their lives is often taken for granted, even though surveys, like the Gallup World Poll, show that the relationship between subjective well-being and income is often weak, except in low-income countries in Africa and South Asia. Researcher Daniel Kahneman and his collaborators, for example, report that the correlation between household income and reported life satisfaction or happiness with life typically ranges from 0.15 to 0.30. There are a few plausible reasons. First, growth in income mostly has a transitory effect on individuals’ reported life satisfaction, as they adapt to material goods. Second, relative income, rather than the level of income, affects well-being — earning more or less than others looms larger than how much one earns. Third, though average life satisfaction in countries tends to rise with GDP per capita at low levels of income, there is little increase in life satisfaction once GDP per capita exceeds $10,000 (in purchasing power parity). This article studies the relationships between subjective well-being, which is narrowly defined to focus on economic well-being in India, and variants of income, based on the only panel survey in India Human Development Survey (IHDS).

Pacific Islanders Turn to Local Economies to Drive Post-pandemic Recovery

While Pacific Island countries have, so far, been spared a catastrophic spread of COVID-19, their economies have been devastated by the effects of border closures, internal lockdowns and the demise of international tourism and trade. With the global pandemic far from over, Pacific Islanders are looking to their local and regional economies to drive resilience and recovery.

Corporate Reporting on SDGs: Challenges and Opportunities

Since the launch of the Sustainable Development Goals (SDGs) in 2016, the role of the private sector in fulfilling the 2030 Agenda has been widely acknowledged, as set out under SDG 12. Yet to assess how companies are actually contributing towards these Global Goals, we need greater transparency on their impacts.

Successful Crop Innovation Is Mitigating Climate Crisis Impact in Africa

17 February - African smallholder farmers have no choice but to adapt to climate change: 2020 was the second hottest year on record, while prolonged droughts and explosive floods are directly threatening the livelihoods of millions. By the 2030s, lack of rainfall and rising temperatures could render 40 percent of Africa’s maize-growing area unsuitable for climate-vulnerable varieties grown by farmers, while maize remains the preferred and affordable staple food for millions of Africans who survive on less than a few dollars of income a day.

Making the UN Tax Committee More Effective for Developing Countries

The United Nations Committee of Experts on International Cooperation in Tax Matters (UN Tax Committee) is an important and influential subsidiary body of the Economic and Social Council (ECOSOC) that shapes standards and guidelines on international taxation. These are the rules through which Multinational Enterprises (MNEs) are taxed.

IP, Vaccine Imperialism Cause Death and Suffering, Delay Recovery

Vaccine developers’ refusal to share publicly funded vaccine research findings is stalling broader, affordable vaccinations which would more rapidly contain COVID-19 contagion. The pandemic had infected at least 109 million people worldwide, causing over 2.4 million deaths as of mid-February.

Peace in Yemen, But not Without Women’s Role in Peacebuilding

The armed conflict in Yemen which has lasted six years, has killed and injured over thousands of civilians, displaced more than one million people and given rise to cholera outbreaks, medicine shortages and threats of famine. By the end of 2019, it is estimated that over 233,000 Yemenies have been killed as a result of fighting and the humanitarian crisis. With nearly two-thirds of its population requiring food assistance, Yemen is also experiencing the world's worst food security crisis. The United Nations has called the humanitarian crisis in Yemen “the worst in the world”.

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