Report Reveals Mounting Pressure on Zambia’s Environmental Resources

There is a strong link between provision of basic social services and the use of natural resources in a country. Thus, with increased population comes additional pressure on natural resources. This is a key finding in the latest Zambia Environment Outlook (ZEO) Report 4, published by the Zambia Environmental Management Agency (ZEMA).

Public-Private Partnerships Fad Fails

After the failure and abuses of privatization and contracting-out services from the 1980s, there has been renewed appreciation for the role of the state or government. Earlier promoters of privatization have taken a step backward, only to take two more forward to instead promote public-private partnerships (PPPs).

Global Hunger Is Threatening Families Because of Climate Change

There is barely a corner of human life that will not be affected by climate change, and some of its impacts are already being felt. Consider this, 821 million people are now hungry and over 150 million children stunted, putting the hunger eradication goal, SDG 2, at risk. Today 15 May, is the United Nations International Day of Families and the theme for this year is, ‘Families and Climate Action’.

Privatization Solution Worse than Problem

Privatization has not provided the miracle cure for the problems (especially inefficiencies) associated with the public sector. The public interest has rarely been well served by private interests taking over from the public sector. Growing concern over the mixed consequences of privatization has spawned research worldwide.

Trump and China: The Art of Deal or Clumsy Bullying?

With the most recent spat between China and the US---not uncharacteristically if unintentionally engineered by Trump’s announcement of increasing tariffs from ten per cent to twenty five percent unless China agrees to his “deal”whatever that may be we seem to be back to the drawing board in the ongoing US-China trade war. Last week I received news from many experts including our own China watchers that a deal was imminent. Although my esteemed colleague Prof. Zhao was also in this group, he sagely pointed out even such a deal and seeming end of the trade war will not resolve the fundamental rivalries between US, the status quo power and China, the rising power. Now it seems that he had left out of the equation the unpredictable nature of Trump’s behavior.

South Africans Look to Re-elected Government to Rebuild a Stagnant Economy

Millions of South Africans headed out in large numbers, some braving cold and wet weather to cast their ballot in the country's sixth democratic elections this week. The 2019 election was one of the most competitive and contested elections that also saw a whopping 48 parties on the national ballot—up 300 percent from a mere 10 years ago.

Neoliberal Reforms Strengthening Monopoly Power and Abuses

Over the last four decades, growing concentration of market power in the hands of oligopolies, if not monopolies, has been greatly enabled by ostensibly neo-liberal reforms, worsening wealth concentration and gross inequalities in the world.

Benin’s Agriculture Has a Good Season, But it Wasn’t Easy

Théophile Houssou, a maize farmer from Cotonou, has spent sleepless nights lying awake worrying about the various disasters that could befall any farmer, often wondering, “What if it rains heavily and all my crops are washed away?” or “What if the armyworms invade my farm and eat up all the crops and I’m left with nothing?”

Coping With World Bank-Led Financialization

The World Bank has successfully promoted its ‘Maximizing Finance for Development’ (MFD) strategy by embracing the United Nations’ Sustainable Development Goals, internationally endorsed in September 2015. It has also secured support from the G20 of twenty biggest economies, and effectively pre-empted alternative approaches at the third UN Financing for Development summit in Addis Ababa in mid-2015.

Kenya and Ethiopia Cross-Border Initiative: A Move Towards Sustainable Peace

Many years of internecine conflict is being replaced by a new narrative of peace along the Kenya-Ethiopia border. Communities that once fought each other are now dreaming of a joint journey towards a better future.

Russia’s First Female Central Bank Governor in a Challenging Job

Within a few short months after taking up her post as governor of the Central Bank of Russia in 2013, Elvira Nabiullina faced a growing economic crisis brought on by plunging oil prices, geopolitical tensions, and sanctions.

Privatization Promotes Collusion and Corruption

At the risk of reiterating what should be obvious, the question of private or public ownership is distinct from the issue of competition or market forces. Despite the misleading claim that privatization promotes competition, it is competition policy, not privatization, that promotes competition.

Lost in the Cyberworld? The Enigmatic Mr Assange

Trump´s electoral success was preceded by a rise of chauvinistic politics in most of Europe, paired with electoral triumphs of far-right candidates in several other countries. A development accompanied by revelations of corrupt leaders laundering and transferring illegally obtained money, aided by financial institutions finding the means to do so. The world seems to move away from a rule-based order to a state of affairs dominated by might and wealth. World leaders´ private business dealings thrive within a global environment where laws intended to protect human rights are becoming increasingly ineffective. Foreign policies appear to be adapted to private gains and personal vendettas. Global financial systems seem to be crafted to facilitate kleptocracy and money laundering, while repression and violence smite whistle-blowers and daring journalists. Endeavours supported by propaganda and smear campaigns orchestrated by political/financial consultants and private investigation firms. All this is made possible through complicated schemes using the internet.

Global Energy Consumption is Up — So Are Emissions

Our acceptance of climate change doesn’t keep pace with our energy consumption reduction. However, the latest International Energy Agency’s (IEA’S) Global Energy and CO2 Status Report for 2018 has some good news.

CORRECTED VERSION: World Bank Dispossessing Rural Poor

The World Bank’s Enabling the Business of Agriculture (EBA) project, launched in 2013, has sought agricultural reforms favouring the corporate sector. EBA was initially established to support the New Alliance for Food Security and Nutrition, initiated by the G8 to promote private agricultural development in Africa.

World Bank Financialization Strategy Serves Big Finance

The World Bank has successfully built a coalition to effectively advance its ‘Maximizing Finance for Development’ (MFD) agenda. The October 2018 G20 Eminent Persons Group’s (EPG) report includes proposals to better coordinate various international financial institutions (IFIs) in promoting financialization.

Ambitions Are Affordable for Asia and the Pacific

Three years of implementation of the transformative 2030 Agenda for Sustainable Development in Asia and the Pacific shows the region has some catching up to do. Despite much progress, the region is not on track to reach the 17 Sustainable Development Goals set out in the United Nations 2030 Agenda for Sustainable Development. We are living in a time of booming prosperity, yet many are getting left behind. Basic needs, such as the freedom for all from hunger and poverty, ill-health and gender-based discrimination, and equal opportunity for all are elusive. Economic, social and planetary well-being has a price tag. Calculations by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) show that it is mostly affordable for the region.

China and Developing Countries: Managing Chinese Investments

Fifty years ago China was a poor country with little influence in the international sphere and without even a seat at the United Nations. Since then rapid economic growth in China has made it an economic powerhouse that increasingly plays a leading role on the world stage as a trade partners as well as a source of investment.

Has Privatization Benefitted the Public?

In most cases of privatization, some outcomes benefit some, which serves to legitimize the change. Nevertheless, overall net welfare improvements are the exception, not the rule. Never is everyone better off. Rather, some are better off, while others are not, and typically, many are even worse off. The partial gains are typically high, or even negated by overall costs, which may be diffuse, and less directly felt by losers.

Defining the End State Ecosystem: How Can We Get Better at it?

Restrictions on the movement of people impedes Africa's development, limiting economic integration and trade between African countries. Using a systems-thinking approach, champions and decision-makers have led the charge towards a visa free Africa.

World Bank Financializing Development

The World Bank has successfully legitimized the notion that private finance is the solution to pressing development and welfare concerns, including achieving the Sustainable Development Goals (SDGs) through Agenda 2030. A recent McKinsey report estimates that the world needs to invest about US$3.3 trillion, or 3.8 per cent of world output yearly, in economic infrastructure, with about three-fifths in emerging market and other developing economies, to maintain current growth.