Globalisation

Opinion: The Sad Historical Consequences of the Greek Bailout

By Roberto Savio
In recommendations to German Chancellor Angela Merkel at the end of July, the German Council of Economic Experts outlined how a weak member country could leave the Eurozone and called for strengthening the European monetary union.

Even the Rich Have Not Harnessed Full Potential of Digital Economy

By Jaya Ramachandran
The digital economy permeates countless aspects of the world economy, impacting sectors as varied as banking, retail, energy, transportation, education, publishing, media or health. But the full potential of the digital economy has yet to be realised even in the world’s most advanced and emerging countries, says a new report.

Faith Leaders Issue Global “Call to Conscience” on Climate

By A. D. McKenzie
“We received a garden as our home, and we must not turn it into a wilderness for our children.”

Opinion: A BRICS Bank to Challenge the Bretton Woods System?

By Daya Thussu
The formal opening of the BRICS Bank in Shanghai on Jul. 21 following the seventh summit of the world’s five leading emerging economies held recently in the Russian city of Ufa, demonstrates the speed with which an alternative global financial architecture is emerging.

Calls Mount for “Bold” Climate Deal in Paris

By Kitty Stapp
A diverse coalition of 24 leading British scientific institutions has issued a communique urging strong and immediate government action at the U.N. climate change conference set for Paris in December.

The Myths About the Nuclear Deal With Iran

By Thalif Deen
The single biggest misunderstanding about the nuclear agreement with Iran is that it is a bilateral deal with the United States.

Opinion: Unrestrained ‘Privatisation of Poverty-Reduction’ Puts Human Rights at Risk

By Savio Carvalho
Corporate lobbyists are unusual guests at development meetings, but when the United Nations held its Financing for Development conference in Addis Ababa this week to decide who pays for its new “Sustainable Development Goals”, some governments laid out the red carpet for the private sector.

IMF Steps Up Lending to Achieve Sustainable Development

By Zhai Yun Tan
As the Third International Conference on Financing for Development opens in the Ethiopian capital, Addis Ababa, Monday, all eyes are on the United Nation’s post-2015 development agenda, billed as the most ambitious and far-reaching poverty eradication plan in the organisation’s history.

“Why Hire a Lawyer When You Can Buy a Judge?”

By Kanya D'Almeida
A woman is stopped at a checkpoint; she gives birth, and dies. Another is sold in a slave market. A boy is killed by a tank. A young man drowns at sea, trying to reach a haven safe from oppression and poverty.

Social Safety Net Not Wide Enough to Protect World’s Poor

By Zhai Yun Tan
Fifty-five percent of the world’s poor still have limited protection from hunger and economic, social or political crises despite expansion of social safety programmes in developing countries in recent years.

Will the New BRICS Bank Break with Traditional Development Models, or Replicate Them?

By Kanya D'Almeida
Just days ahead of a summit of the BRICS group of emerging economies (Brazil, Russia, India, China and South Africa) in which the five countries are expected to formally launch their New Development Bank (NDB), 40 NGOs and civil society groups have penned an open letter to their respective governments urging transparency and accountability in the proposed banking process.

Putting the “Integrity of the Earth’s Ecosystems” at the Centre of the Sustainable Development Agenda

By Kanya D'Almeida
By 2050, we will be a world of nine billion people. Not only does this mean there’ll be two million more mouths to feed than there are at present, it also means these mouths will be consuming more – in the next 20 years, for instance, an estimated three billion people will enter the middle class, in addition to the 1.8 billion estimated to be within that income bracket today.

Panama and Nicaragua – Two Canals, One Shared Dream

By Iralís Fragiel
Nicholas Suchecki Guillén is blind. His dream was to visit the Panama Canal expansion works, touch the cement structures, and feel part of this new period of history in his country.

Opinion: BRICS for Building a New World Order?

By Daya Thussu
As the leaders of the BRICS five meet in the Russian city of Ufa for their annual summit Jul. 8–10, their agenda is likely to be dominated by economic and security concerns, triggered by the continuing economic crisis in the European Union and the security situation in the Middle East.

Opinion: The ACP at 40 – Repositioning as a Global Player

By Patrick I. Gomes
In his memoirs, Glimpses of a Global Life, Sir Shridath Ramphal, then-Foreign Minister of the Republic of Guyana, who played a leading role in the evolution of the Lomé negotiations that lead to the birth of the African, Caribbean and Pacific (ACP) Group of States, pointed to the significant lessons of that engagement of developed and developing countries some 40 years ago and had this to say:

German Development Cooperation Piggybacks Onto Africa’s E-Boom

By Francesca Dziadek
In a major paradigm shift, the German government is now placing its bets on digitalisation for its development cooperation policy with Africa, under what it calls a Strategic Partnership for a ’Digital Africa’.

The U.N. at 70: United Nations Disappoints on Its 70th Anniversary – Part One

By James A. Paul
It is hard to imagine today the public enthusiasm that greeted the founding of the U.N. in 1945.  After massive suffering and social collapse resulting from the Second World War, the U.N. seemed almost miraculous – a means at last to build peace, democracy, and a just society on a global scale.

Critics of World Bank-Funded Projects in the Line of Fire

By Kanya D'Almeida
For an entire month beginning in February 2015, a group of between 40 and 50 residents of the Durgapur Village in the northern Indian state of Uttarakhand would gather at the site of a hydroelectric power project being carried out by the state-owned Tehri Hydro Development Corporation (THDC).

Take Good News on Afghanistan’s Reconstruction With a ‘Grain of Salt’

By Kanya D'Almeida
Since 2002, a year after it invaded Afghanistan, the United States has poured over 100 billion dollars into developing and rebuilding this country of just over 30 million people. This sum is in addition to the trillions spent on U.S. military operations, to say nothing of the deaths of 2,000 service personnel in the space of a single decade.

Opinion: We Have a Moral Imperative to Act on Climate Change

By Edwin Gariguez
My country, the Philippines, is one of the most vulnerable to the impacts of climate change. Even though we are among those countries that hardly contributed emissions and benefited least from burning fossil fuels, we find ourselves at the frontline of the climate crisis.

When a Kid With Low Self-Esteem Dreams of Becoming the President

By Kanya D'Almeida
You may have heard of Global Citizenship Education (GCED), but unless you move in international development circles, chances are you’re not entirely sure what the acronym means.
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