Economy & Trade

Making Chile’s Economy More Dynamic, Greener, and Inclusive

Chile’s economy is at a crossroads. Strong policies have successfully brought down high inflation and reduced the large current account deficit that emerged during the pandemic. Increases in social benefits have provided some relief in response to discontent over inequality.

Imperialism, Globalisation and Its Discontents*

Imperialism continues to dominate the world. Globalisation is losing to some of its anti-theses, but imperialism still rules, increasingly by law, albeit in changing even contradictory ways.

Inequality Also Afflicts Clean Energy in Latin America

The specter of blackouts hovers over the Mexican city of La Paz, the capital of the state of Baja California Sur in Mexico's far northwestern corner, as summer approaches, due to increased electricity demand from air conditioning and insufficient capacity in the local grid.

UN Tax Convention is Historic Opportunity at Risk of Failing

In late November, the UN General Assembly passed a landmark resolution signaling a start on working on a UN framework convention on taxation.

Tracking Global Development in Child Benefits Through New Monitoring and Information Platform

Inclusive social protections for children would be a positive signifier of social development in a time where 1.4 billion children globally are denied them. A step towards realizing this has been taken through a new monitoring tool on current social protection and child poverty statistics.

Start-ups Powering up Africa’s Solar Energy Ecosystem

Often referred to as the “Sun continent,” Africa receives more hours of bright sunlight than any other continent. But even with 60 per cent of the world’s solar resources, Africa has only one per cent of solar generation capacity, according to the International Energy Agency (IEA).

North Ignores ‘Perfect Storm’ in Global South

A gathering ‘perfect storm’ – due to various developments, several quite deliberate – now threatens much devastation in the global South, likely to most hurt the poorest and most vulnerable.

History’s Inflation Lessons

In the early 1970s, conflict in the Middle East set off a spike in oil prices that left central banks around the world scrambling to control inflation. After a year or so, oil prices stabilized and inflation started to retreat. Many countries believed they had restored price stability and loosened policy to revive their recession-hit economies only to see inflation return. Could history repeat?

State of the World’s Migratory Species Report ‘Alarming’ Threats, Global Action Urged

A groundbreaking State of the World’s Migratory Species report is calling for accelerated global conservation measures to counter the threat of extinction faced by 1 in 5 of all migratory species.

Embodying the Spirit of the Dragon

The Year of the Dragon is upon us. UN Secretary-General António Guterres said in his message for this Lunar New Year, “The dragon symbolizes energy, wisdom, protection and good luck. We need these qualities to rise to today’s global challenges.”

Drought Narrows the Panama Canal, Delays Shipping

At the bar that Sandra manages in Panama City's central financial district, the variety offered on the menu has shrunk due to delays in ship traffic through the Panama Canal, one of the world's major shipping routes.

Neocolonial ISDS, Abused, Biased, Costly, and Grossly Unfair

Investor-State Dispute Settlement (ISDS) provisions in international trade and investment agreements – long abused by opportunists with means – are slowly being rejected by cautious governments.

Landlocked Developing Countries Conference to Address Development

Landlocked developing countries need greater support from the international community so that they are no longer left behind when it comes to progressing with the SDGs, says the UN High Representative of the Least Developed Countries.

Unlocking India’s Potential with AI

India is on the brink of a transformation that could change its economic and social future. Before the end of this decade, more Indians will use AI every day than in any other country in the world. What’s more, people in advanced economies will be surprised by the ways the country will use AI.

Cubans Are Waiting for a Major Boost to Low Emissions Transport

Jorge Sarmientos said he made a good investment when he bought an electric motorcycle to get around and avoid the anxiety suffered by the users of Cuba's deficient public transportation system or the high prices of private alternatives.

Inclusive & Sustainable Businesses Set New Pathways for Sri Lanka

Selyn, a women-led handloom business, offers flexible employment and valuable income opportunities to about 1,000 women artisans and persons from marginalized groups in rural Sri Lanka. Selyn develops and exports high-value craft products in global markets.

Solar Energy Gives Important Boost to Small-scale Farmers in Chile

The installation of photovoltaic panels to use solar energy to irrigate small farms is expanding quickly in Chile because it lowers costs and optimizes the use of scarce water resources.

Nuclear Disarmament: A Natural Buddhist-Catholic Alliance, says Japanese Leader

At the United Nations headquarters in New York City, on the third floor, a solemn statue of St. Agnes, holding her namesake lamb, stands as a disturbing reminder of nuclear destruction.

How Soil Microbes Could save the World

The 500 per cent increase in global agricultural productivity over the past 60 years has largely been made possible by the scientific advances of the “Green Revolution” – from the ability to breed higher yielding varieties to improvements in farm inputs, especially fertiliser.

The Spectre of Migration: A conversation with Hammoud Gallego

Karl Marx’s Manifesto of the Communist Party begins with the now worn-out phrase: “A spectre is haunting Europe – the spectre of communism. All the powers of old Europe have entered into a holy alliance to exorcise this spectre”. Nowadays the word “communism” could easily be substituted by “migration”. All over Europe, politicians claim that Europe is being destroyed by migrants. In country after country, ghosts of yesterday are awakened. Parliaments include xenophobic politicians who might be considered as inheritors of demagogs who once dragged Europeans into hate and bloodbaths.

Prospects for Commonwealth Countries, Addressing Gaps and Shaping Expectations for COP29

The 28th Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) marked a pivotal moment in the global efforts to combat climate change. Held in Dubai, United Arab Emirates (UAE) with the participation of delegates from around the world, COP28 showcased a commitment to drive genuine strides in climate action, bringing optimism and progress to the forefront. Here we explore the implications of COP28 outcomes for small and other vulnerable Commonwealth countries and identify the gaps that still need attention. Additionally, it will discuss concrete expectations for COP29, focusing on critical discussions held at COP28.

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