Trade & Investment

Indian Agriculture Towards 2030

India began its journey as an independent nation in 1947 with fresh memory of the Bengal Famine of 1943 which claimed 1.5 to 3 million lives. Against this backdrop, the First Five Year Plan (1951-56) prioritized agriculture which, however, shifted to heavily industrialization in the second Plan.

Unity of Purpose to Accelerate Africa’s Sustainable Development

The COVID-19 pandemic reversed several development gains on the continent, and Africa’s leaders are convinced stronger cooperation in boosting investment in green growth will help Africa meet the Sustainable Development Goals (SDG).

Donors Must Rethink Africa’s Flagging Green Revolution, New Evaluation Shows (Commentary)

• A scathing new analysis of the Alliance for a Green Revolution in Africa (AGRA) finds that the program is failing at its objective to increase food security on the continent, despite massive funding from the Bill & Melinda Gates Foundation and the US, UK, and German governments.

NGOs Seeking a Monterrey+20 Summit on Financing for Development

This week, exactly 20 years ago, world leaders adopted the United Nation’s Monterrey Consensus. They committed to “Confronting the challenges of financing for development” with a global response and to creating a fully inclusive and equitable global economic system.

Stagflation Threat: Be Pragmatic, Not Dogmatic

“If your only tool is a hammer, every problem looks like a nail”. Still haunted by the clever preaching of monetarist guru Milton Friedman’s ghost, all too many monetary authorities address every inflationary threat or sign they see by raising interest rates.

Inflation Targeting Voodoo

All over the world, people expect policies by central bankers trained in economics to have a sound scientific base. But in fact, inflation targeting is an article of faith with neither theoretical nor empirical basis.

Financialization at Heart of Economic Malaise

COVID-19 has exposed major long-term economic vulnerabilities. This malaise – including declining productivity growth – can be traced to the greater influence of finance in the real economy.

Inflation Paranoia Threatens Recovery

Inflation hawks are winning the day. The latest ‘beggar thyself’ race to raise interest rates has begun. This ostensibly responds to the spectre of runaway inflation, supposedly retarding economic growth and progress, and thus threatening central bank ‘credibility’.

China Opens Embassy in Nicaragua for First Time since 1990 after Taiwan Ties Cut

For the first time since 1990, China has (re)opened an embassy in Managua, Nicaragua, less than a month after Nicaragua cut ties with Taiwan. The (re)opening of the embassy on January 1, 2022 comes amidst the backdrop of US-China tensions, particularly over trade and Taiwan, as well as worsening Cross-Straits relations.

Ecstasy as Zimbabwe’s Smallholder Farmers Secure European Pineapple Market

In her wildest dreams, smallholder farmer Sarudzai Sithole never imagined that her pineapples could someday stock the produce section of Europe’s finest supermarkets.

What Explains Vaccination Rates in EBRD Regions?

Officially reported deaths from Covid-19 started to rise again in autumn 2021 in a number of economies in the EBRD regions. While in advanced economies in Europe the mortality rate has remained low despite the pick-up in Covid-19 cases, in the EBRD regions the mortality and infection rates continued to move in tandem.

Africa Should Bargain Hard for COVID Vaccine Equity: Lessons from Indonesia during Avian Flu

Many countries around the world have punished most of the African continent for the scientific discovery of the Omicron variant through the imposition of travel bans.

Corporate Fear Drives Caribbean Vaccine COVID-19 Mandates

When face-to-face Cabinet meetings resumed in Jamaica following more than a year of virtual meetings due to COVID-19, Ministers lined up to have their immunisation cards inspected.

Experts call for Improved Protection of African Fisheries

With subsidies of global fisheries back on the World Trade Organisation’s agenda, experts are calling for African governments to upscale the protection of the sector long plagued by activities that continue to threaten the continent’s blue economy.

Fair Tax Plan Could Prejudice Global South

An agreement between 136 countries aimed at forcing the world’s biggest companies to pay a fair share of tax has been condemned by critics who say it will benefit richer states at the expense of the global South.

Stop Calling the Military Budget a ‘Defense’ Budget

It’s bad enough that mainstream news outlets routinely call the Pentagon budget a “defense” budget. But the fact that progressives in Congress and even many antiwar activists also do the same is an indication of how deeply the mindsets of the nation’s warfare state are embedded in the political culture of the United States.

The End of World Bank’s “Doing Business Report”: A Landmark Victory for People & Planet

The September 16, 2021 announcement from the World Bank that it had discontinued publication of the Doing Business Report (DBR) marked a major victory for people and planet.

With the World Bank’s “Doing Business” Out of Business, What Should Come Next?

Last week the World Bank announced it was “discontinuing” its “Doing Business” report, which ranks countries on the ease of opening and operating a company.

Allow Least Developed Countries to Develop

The pandemic is pushing back the world’s poorest countries with the least means to finance economic recovery and contagion containment efforts. Without international solidarity, economic gaps will grow again as COVID-19 threatens humanity for years to come.

World Bank Looks to Trains in Argentina’s Climate Battle

Argentina will receive a 347 million dollar loan from the World Bank to upgrade one of the most important suburban railway lines in the city of Buenos Aires. The operation is part of the multilateral lender’s new policy, which deepens its commitment to the fight against climate change.

African Farmers Could Benefit from More Friendly EU Agriculture Policies

Gilbert Bor manages a small farm in the western highlands of Kenya. Landscapes are hilly, village roads lined with pine trees, his cows mostly of the Friesian breed. He is up at 6:00am daily to lead his animals through the woods into the valley below.

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