Economy & Trade

The Dilemma for Small Island Developing States: Recovery or Development?

“We are facing unenviable decisions, between the recovery of today or the development of tomorrow”. These were the words of Fiamē Naomi Mataʻafa, of Samoa at the opening of the 4th International Conference on Small Islands Developing States (SIDS4).

Maggot Farming Creates Entrepreneurs, Saves Farming Costs in Zimbabwe

Three years ago, 43-year-old Benard Munondo was an "ordinary" Zimbabwean teacher at a local primary school, but now he has turned maggots into gold. Thanks to maggot farming, Munondo, who has never owned a home nor driven a car, now has both. In 2020, a week’s training on maggot farming changed his world.

South Suffering Due to Powerful Nations’ Policies

The World Bank expects the international economic slowdown to be at its worst in over four decades in 2024. This is mainly due to powerful Western nations’ contractionary macroeconomic and geopolitical policies.

To Tackle Climate Crisis, the World Bank Must Stop Financing Industrial Livestock

Last week, the World Bank Group released a new report that highlights the urgent need to drastically reduce GHG emissions to address the climate crisis and calls on countries to act. However, while the World Bank’s acknowledgment of the damaging climate impacts of industrial agriculture is a crucial step forward, it’s simply not enough.

Let the Dead Speak: Forgotten Workers

Immigration policies are among the most hotly debated topics in Europe. Xenophobia, combined with curbing immigration, have become the main reason to why ever-increasing large crowds of voters are supporting populist parties.

Small Island Nations Demand Urgent Global Action at SIDS4 Conference

“This year has been the hottest in history in practically every corner of the globe, foretelling severe impacts on our ecosystems and starkly underscoring the urgency of our predicament. We are gathered here not merely to reiterate our challenges, but to demand and enact solutions,” declared Antigua and Barbuda Prime Minister Gaston Brown at the opening of the Fourth International Conference on Small Island Developing States on May 27.

North Macedonia Turns Back the Clock

The old guard is back in North Macedonia, as the former ruling party – the Internal Macedonian Revolutionary Organization – Democratic Party for Macedonian National Unity (VMRO-DPMNE) – returns to parliamentary and presidential power.

Small Island Developing States can be Nature-Positive Leaders for the World

Small island developing states (SIDS) are scattered across the globe, dotting the Pacific Ocean, the Caribbean, the west and east coasts of Africa and the Indian Ocean.

Panama’s Elections: Has Impunity Prevailed?

Regional experts called it Panama’s most important election since the 1989 US invasion that deposed de facto president General Manuel Noriega. Panamanians went to the polls amid high inflation and unemployment, with a stagnating economy. Endemic corruption was also high on their long list of concerns, along with access to water, education and a collapsing social security system.

Rising Temperatures Drive Human-Wildlife Conflict in Zimbabwe

Rising temperatures are being blamed for an increase in human-wildlife conflicts in Zimbabwe as animals such as snakes leave their natural habitat earlier than usual.

More Diversified Trade Can Make Middle East & Central Asia More Resilient

Dislocations from the pandemic, geoeconomic fragmentation, and Russia’s war in Ukraine have shifted world trade dynamics. While this has created challenges, the redirection of trade has also generated new opportunities, particularly for the Caucasus and Central Asia.

Solomon Islands: A Change More in Style than Substance

There’s change at the top in Solomon Islands – but civil society will be watching closely to see whether that means a government that’s grown hostile will start doing things differently.

Chronicle of a Catastrophe Foretold

The IMF warns of a decade ahead of ‘tepid growth’ and ‘popular discontent’, with the poorest economies worst off. But as with inaction on Gaza, little is being done multilaterally to avert the imminent catastrophe.

Ocean Action on Global Agenda as Negotiations to Save Biodiversity Deepen

The oceans are as fascinating as they are mysterious. Home to the largest animals to ever live on Earth and billions of the tiniest, the top 100 meters of the open oceans host the majority of sea life, such as fish, turtles, and marine mammals. But there is another world far below the surface. In the belly of the ocean, there are seamounts—underwater mountains that rise 1,000 meters or more from the seafloor.

Biodiversity Masterplan: Negotiations on Crucial Science, Technology for Implementation Underway

The triple planetary crises of climate change, biodiversity loss, pollution, and waste are escalating. At the current pace, the world is on track to lose one quarter of all plant and animal species by 2030, with one species already dying out every 10 minutes. One million species face extinction. Human activity has already altered three-quarters of the land on Earth and two-thirds of the ocean.

South Africa will be President of G20 in 2025: Two much-needed Reforms it Should Drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global economy, 75% of world trade and 67% of global population. The G20 defines itself as the premier multilateral forum for international economic cooperation.

The Bleak déjà vu in Darfur

As dawn breaks over Darfur, my return after two decades feels heavy. Many millions are suffering once again. Twenty years ago, I was part of the humanitarian effort to make a difference. That was in the early 2000s, when celebrities and world-famous journalists would make the trek in a well-intentioned effort to focus attention on the atrocities across Darfur.

Trade Liberalisation Kicked Away African Development Ladder

Africans have long been promised trade liberalisation would accelerate growth and structural transformation. Instead, it has cut its modest production capacities, industry and food security.

How do Taxes Drive the Sustainable Development Goals?

Tax revenue remains the most sustainable source of income for governments and plays a crucial role in financing the Sustainable Development Goals (SDGs). It diminishes the need for international assistance and contributes to the repayment of burdensome debt, ultimately strengthening a country’s ability to withstand external shocks.

Rainy Chiloé, in Southern Chile, Faces Drinking Water Crisis

The drinking water supply in the southern island of Chiloé, one of Chile's rainiest areas, is threatened by damage to its peatlands, affected by sales of peat and by a series of electricity projects, especially wind farms.

We Should Aim to be at Peace with Nature, Says David Cooper of UN Convention on Biological Diversity

In a world faced with habitat loss and species extinction, climate change, and pollution, it’s crucial that countries develop their national action plans and create a society that lives in harmony with nature, says David Cooper, Acting Executive Secretary of the UN Convention on Biological Diversity (CBD), in an exclusive interview with IPS.

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