The sun is shining, and the temperature sits at an idyllic 28 degrees Celsius. The Uber driver taking me to work is from Pakistan and devastated about the recent loss to England in the T20 Cricket World Cup final in Australia.
In our recent book, “
The Connections World: The Future of Asia”, published by Cambridge University Press in October 2022, we argue that mutually beneficial links between dynastic business houses and political elites have been important drivers behind Asia’s extraordinary renaissance. Yet, these close ties now threaten future economic growth.
Countries worldwide, and as different as India, Indonesia, Iraq, Iran, Ireland, Israel and Italy, are struggling with the issue of how best to balance diversity and meritocracy across disparate ethnic, racial, caste, linguistic and religious subgroups in their populations.
Constance Okollet Achom, a Ugandan woman from Tororo, a rural village located in Eastern Uganda, has helped several dozens of her peers affected by domestic violence to address the issue by equipping victims with skillsets to manufacture eco-friendly biofuels from agro-forestry waste.
The ongoing plunder of Africa’s natural resources drained by capital flight is holding it back yet again. More African nations face protracted recessions amid mounting debt distress, rubbing salt into deep wounds from the past.
With much less foreign exchange, tax revenue, and policy space to face external shocks, many African governments believe they have little choice but to spend less, or borrow more in foreign currencies.
In this moment of profound challenge in international relations, it was understandable that the conclusion of the G20 meeting left leaders feeling relieved that the meeting took place without a breakdown. Leaders were justifiably proud too of important steps forward they made including the launch of the new pandemics fund.
G20 leaders met in Indonesia in the midst of multiple crises, with
85 percent of the world population expected to face austerity measures and severe budget cuts next year that will impact the most vulnerable compounded by an insufficient response to the Covid-19 pandemic, with
only 38 percent of relief funds going to social protection in global South countries.
Like most armed conflicts the Ukrainian war intends to establish hegemony over a certain area, in rivalry with other usurpers. Russian propaganda pinpoints the US and EU as Russia’s main adversaries, while Ukraine is portrayed as a pawn in these nations’ international yearnings. Such a scenario is not new.
The global population is projected to reach 8 billion on 15 November 2022, signalling major improvements in public health that have lowered the risk of dying and increased life expectancy. But the moment is also a clarion call for humanity to look beyond the numbers and meet its shared responsibility to protect people and the planet, starting with the most vulnerable.
The latest annual climate conference has begun in the face of a worsening climate crisis and further retreats by rich nations following the energy crisis induced by NATO sanctions after the Russian invasion of Ukraine.
Copping out again
The 27th Conference of the Parties (COP 27) to the United Nations Framework Convention on Climate Change (UNFCCC) is now
meeting in Sharm-el-Sheikh, Egypt, from 6 to 18 November 2022.
While grain exports continue to regularly flow to world's markets since the July 2022 Turkey-brokered agreement between Russia and Ukraine to resume cereals and fertilisers shipments from both countries, food prices are still skyrocketing everywhere. How come?
Global population is about to reach 8 billion, a mere
11 years after it reached 7 billion. The official
Day of 8 Billion is observed by the UN November 15, though it's hard to pinpoint exactly when we pass the actual milestone.
We are living in a world where both our bilateral and multilateral achievements, consensuses on human rights and social justice, and our resolve to public good are being tested like never before.
Ahead of the first United Nations
environmental summit in Stockholm in 1972, a group of scientists prepared
The Limits to Growth report for the
Club of Rome. It showed planet Earth’s finite natural resources cannot support ever-growing human consumption.
It is no secret that humankind’s past actions have accelerated the deterioration of ecosystems, negatively impacting our economies, societies, health, and cultures. It is estimated that humans have altered over 97% of ecosystems worldwide, to date. One million species are currently threatened with extinction (IPBES). The writing on the wall is clear. Our planet is in crisis. The sobering reality is that if we continue on our current trajectory, biodiversity and the services it provides will continue to decline, jeopardizing the achievement of the Sustainable Development Goals and our lives as we know them. The decline in biodiversity is expected to further accelerate unless effective action is taken to address the underlying causes of biodiversity loss. These causes are often justified by societal values, norms and behaviors. Some examples include unsustainable production and consumption patterns, human population dynamics and trends, and technological innovation patterns.
When it comes to moral endorsements, having the Vatican’s backing takes some beating. So the international campaign for a legally binding Fossil Fuel Non-Proliferation Treaty took a huge step forward in July when Cardinal Michael Czerny, the prefect of the Dicastery for Promoting Integral Human Development,
gave it his total support.
As a new report lays bare the massive financial costs to developing states of illegal fishing, campaigners are hoping that drawing attention to the practice’s devastating economic effects will help push governments to greater action against the illicit trade.
Report after report highlights that we can only achieve the greenhouse gas (GHG) emission reductions required by the climate goals of the
Paris Agreement if much of the existing coal power generation capacity is retired early. To this end, one concept that deserves greater consideration is conducting an auction for early retirement of coal power plants worldwide: a global coal retirement auction. This article sets out the broad outlines of how this global auction might operate.
The decision to cut oil production by the Organization of Petroleum Exporting Countries (OPEC) and its allies as of Nov. 1 comes in response to the need to face a shrinking market, although it also forms part of the current clash between Russia and the West.
Developing countries have long been told to avoid borrowing from central banks (CBs) to finance government spending. Many have even legislated against CB financing of fiscal expenditure.
Central bank fiscal financing
Such laws are supposedly needed to curb inflation – below 5%, if not 2% – to accelerate growth. These arrangements have also constrained a potential CB developmental role and government ability to respond better to crises.
The digital transformation of thousands of community health workers in Bangladesh has dramatically enhanced their work, while enabling the creation and tracking of a healthcare database covering 64 million people. The resulting model holds remarkable promise for the health of the world, especially in the context of evolving pandemics.