The United Nations’ renamed World Social Report 2020
(WSR 2020) argued that income inequality is rising in most developed countries, and some middle-income countries, including China, the world’s fastest growing economy in recent decades.
While overall inter-country inequalities may have declined owing to the rapid growth of economies like China, India and East Asia, national inequalities have been growing for much of the world’s population, generating resentment.
As a 10 year-old newly arrived in Lagos from England, I recall listening intently to how the Yoruba language - my father's language - was spoken. I would constantly repeat in my head or verbally repeat what I thought I had heard. I was not always successful. Many times, what would come out of my mouth would throw my friends into fits of laughter.
An anecdote tells, never sufficiently confirmed, that in the hardest moments of the Second World War when Stalin was dictating his orders of battle to his subordinates, he was told that perhaps it would be advisable to consult with the Pope. The Soviet dictator replied: "And how many armored divisions does the Pope have?"
The world is currently counting more than 42 million confirmed cases of the COVID-19
and over 1 million deaths since the start of the pandemic.1
The way forward for energy transition and its link to an economic recovery after the depression caused by the covid-19 pandemic is focusing attention in Latin America and Europe, according to the 2nd Madrid Energy Conference (MEC), which concluded this Friday 2.
‘Ethno-populism’ has emerged and spread in recent decades in response to the mixed consequences of neoliberal globalization. It appropriates nationalist rhetoric for narrow ethnic, religious, cultural or other communal ends, typically with a chauvinist, jingoist rejection of selected Others as politically expedient.
The unprecedented challenges posed by COVID-19 have reminded us that we are an interconnected global community. While this crisis rightly has dominated our attention, we must not lose sight of progress on the broader aims of the Sustainable Development Goals and the Paris Climate Agreement.
Last year, we paid tribute to the 20th Anniversary of the 1999 Declaration of the Program of Action on a Culture of Peace. Today, we need to ask ourselves if we had genuinely carried out our moral responsibilities to transition from a culture of hatred and violence to a culture of tolerance and peace.
Recent weeks have seen a dramatic escalation in the U.S.’ stance towards tech companies from the People's Republic of China (PRC). After hounding the telecommunications company Huawei
for years, the social networking app TikTok
is the latest Chinese company to enter the firing line.
With many in the world experiencing declining living standards, there has been growing frustration. Many hope that progressive taxation will improve things. While some economies once had progressive tax systems, recent decades have seen regression.
The Trans-Pacific Partnership (TPP) Agreement should be dead and buried after President Trump announced US withdrawal immediately after his inauguration in January 2017. After all, most major US presidential candidates in the last election, including Hillary Clinton, had opposed the TPP.
Most economists see structural transformation as one of the main routes to Africa’s sustainable development. What it means is changing the share of agriculture, manufacturing and services in an economy. It is a central aim of the African Union’s Agenda 2063.
The 1971 Bretton Woods (BW) system collapse opened the way for financial globalization and transnational financialization. Before the 1980s, most economies had similar shares of trade and financial openness, but cross-border financial transactions have been increasingly unrelated to trade since then.
As the nations of the world prepare to gather virtually to assess progress towards the Sustainable Development Goals (SDGs), society is just beginning to imagine what a post-COVID world might be like.
Katharina Pistor’s recent book, The Code of Capital: How the law creates wealth and inequality
shows how law has been crucial to the creation of capital, and how capital continues to survive, evolve and enhance its ability to ‘make money’, or secure wealth legally, i.e., through the law.
Racism is not only an American problem but a plague that people of African descent have had to endure since time immemorial.
Rather than seizing this historic moment to act decisively, the United Nations, the world’s highest platform for human rights, dithered on the issue when it was called on to establish a full commission of inquiry on race following the outrageous killing of George Floyd on May 25 2020.
I welcome this opportunity to speak to this urgent and necessary debate of the Human Rights Council.
I bring you warm greetings from Secretary-General António Guterres, who shares your abhorrence of racism and is committed to fighting it with every tool we have.
The Covid-19 pandemic has significantly impacted most economies in the world. Its full impacts will not be felt, let alone measured, until it runs its course. Many countries are still struggling to contain contagion, while the costs on both lives and livelihoods will undoubtedly have long-term repercussions.
Six months after the outbreak, the new global scenario resulting from the impact of COVID-19 is gradually becoming much more defined. From the very beginning, we sensed that little good could result from a situation so surprising and unexpected. Now it is becoming increasingly clear that we are entering times of extreme volatility in the international sphere. Times of uncertainty and incandescence as we have not seen for years.
The COVID-19 pandemic has highlighted the inherent fragility of food systems, Marta Antonelli told an international video conference organised by the Barilla Center for Food Nutrition (BCFN).