Economy & Trade

Landmark UN Report Issues Stark call for Sustainable Land Management to Save Human Health

With 50% of humanity affected by land degradation, the world must move to a ‘crisis footing’ to conserve, restore and use land resources sustainably, a major UN report has said.

Indigenous Women in Mexico Take United Stance Against Inequality

Every other Tuesday at 5:00 p.m. sharp, a group of 26 Mexican women meet for an hour to discuss the progress of their work and immediate tasks. Anyone who arrives late must pay a fine of about 25 cents on the dollar.

Afghan Moms Receive a Fresh Start in the United States

It was a long, harrowing road for Freshta and Shabaneh, two mothers (their names are pseudonyms) who fled Kabul, Afghanistan, late last summer before eventually settling in the southern New Jersey township of Hamilton.

The World Can Stop Capital Flight Now

Curbing capital flight from developing countries is long overdue. New sanctions against Russian oligarchs show this can be done with the requisite political will. Recent research also shows how to more effectively stop capital flight.

Poor Water Distribution Infrastructure Gives Jamaica a ‘Water Scarce’ Label

It will take billions of dollars and many years to fix a growing problem that has placed Jamaica into the unlikely bracket of being among the world's most water-scarce countries due to the unavailability of potable water.

Women in Argentina Cultivate Dignity in Cooperative Vegetable Garden

The space consists of just 300 square meters full of green where there is an agro-ecological vegetable garden and nursery, which are the work and dream of 14 women. Behind it can be seen the imposing silhouettes of the high rises that are a symbol of the most modern and sought-after part of Argentina's capital city.

Black Women, the Most Oppressed and Exploited in Brazil

The Theater of the Oppressed helped her become aware of the triple discrimination suffered by black women in Brazil and the means to confront it, such as the Rio de Janeiro Domestic Workers Union, which she has chaired since 2018.

From Rags to Riches: Power and progress in Abu Dhabi

I recently visited Abu Dhabi and my impressions became intermingled with worries about the war in Ukraine. I also happened to read Livy’s The Early History of Rome, written around the beginning of CE, coming across these lines:

Kenyan Community Project Saving Forests, Saving Livelihoods

Despite an abundance of fisheries reserves along Kwale County’s lush coastline located on the south coast of Kenya, fishers can no longer cast a net just past the coral reef and expect an abundant crab or prawn harvest.

The Myth of Development by Privatisation

Oxfam’s report ‘Inequality Kills 2022’ and its India supplement (hereafter referred to as the report) revealed some shocking facts about the growing gap between the rich and poor. India, which has the third highest number of billionaires in the world, endured one of the longest-lasting COVID-induced lockdowns in 2020. Yet, the same year, the top 10 percent of India held close to 45 percent of the country’s total national wealth.

Sri Lankan Economic Crisis Inflicted by Self-Serving Elite

Once deemed a basic human needs success story, Sri Lanka (SL) is now in its worst economic crisis since independence in 1948. Nonetheless, SL’s ‘moment of truth’ now offers lessons for other developing countries.

Climate Risk Insurance in Pacific Small Island Developing States: Possibilities, Challenges and Vulnerabilities

The World Bank lists Fiji, Kiribati, Marshall Islands, Federated States of Micronesia, Nauru, Palau, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu as Pacific Small Islands Developing States (PSIDS). . Some listings also include the Cook Islands, Niue and Tokelau. In September 2019, these countries had a combined population of 2.3 million spread over hundreds of islands spread over an area roughly equivalent to 15% of the surface area of the earth. Of these, the most populated country – Fiji – has a population of 900,000. The World Bank’s World Development Indicators reveal that annual per capita GDP of these islands fell from $4,340 in 2018 to $3,768 in 2020. It has probably fallen further during the pandemic.

Oil Crisis Offers Opportunities to the South and for the Green Energy Transition

The oil and gas supply crisis unleashed by the Russian invasion of Ukraine represents new business opportunities for the oil-producing countries of the developing South, both traditional and emerging, and also for accelerating the global transition to green forms of energy.

Africa Commits to Green Recovery from COVID-19 Amid Daunting Challenges

Climate change activist Mithika Mwenda, the Executive Director of the Pan African Climate Justice Alliance (PACJA), is not reluctant to engage African governments to do what’s necessary to commit to post-COVID-19 green growth strategies.

Tackling the Pandemic of Inequality in Asia and the Pacific

After two years of human devastation, the world is learning to live with COVID-19 while trying to balance the protection of public health and livelihoods. For countries in Asia and the Pacific, this is challenging not only because national coffers are heavily strained by record public spending to mitigate pandemic suffering, but also due to deeper structural economic issues.

China Debt Traps in the New Cold War

As China increases lending to other developing countries, ‘debt trap’ charges are growing quickly. As it greatly augments financing for development while other sources continue to decline, condemnation of China’s loans is being weaponized in the new Cold War.

Traditional, Time-Tested Methods and a Modern App Helps Beat Climate Change

Even as erratic weather and extremely high temperatures increase pest infestation and affect harvests, a combination of traditional methods, integrated pest management through intercropping and multilayering is helping farmers in Ahmednagar and Aurangabad districts of Maharashtra, India.

Egypt’s Tourism Hit by Ukraine Crisis

Tourism to Egypt’s GDP is as vital as the Nile to its people. After Egypt’s tourism sector began to recover following the Russian plane crash in 2015. Then COVID hit, and now the Ukrainian war shot a bullet through its heart.

US Migration Policy Is Enriching Cartels at the Busiest, and Most Dangerous, Part of the US-Mexico Border

“The migrants try to organize themselves to stay safe,” a humanitarian worker told me as we stood near a town square in Reynosa, Mexico, steps away from the U.S. border. More than 2,000 people from many countries, blocked from asking for asylum in the United States, were packed into this square block, living under tents and tarps, amid port-a-potties and cooking fires. Children were everywhere.

Zimbabwe Unsafe Roads Could Drive the Economy Around the Bend

When driving at night in Zimbabwe, watch out for a pair of eyes on the road and slow down. You may hit a giraffe inside a pothole. So goes an often-told joke.

Perils of Hunger, Food Insecurity in Southern Africa- Challenges & Opportunities

Food systems are under severe stress around the world now. The thresholds of tolerance are already exceeding limits with millions facing acute food and water scarcity throughout all continents. Over a quarter of Africa’s population are facing hunger and food insecurity. Conflict, droughts, flooding, rising unemployment, inequality, economic crises, and the impacts of Covid-19 pandemic have been ravaging the Continent on an unprecedented scale.

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