Globalisation

Infrastructure Investments in Emerging Economies Hit Record Levels – but at What Cost?

By Kanya D'Almeida
According to new data released by the World Bank Tuesday, investments in infrastructure in 139 emerging economies shot up to 107.5 billion dollars in 2014, with just five countries – Brazil, Colombia, India, Peru and Turkey – accounting for 73 percent of the total.

Compensation Fund for Victims of Bangladesh Factory Collapse Reaches 30-Million-Dollar Target

By Kanya D'Almeida
Two years after a massive garments factory collapsed in a suburb of Bangladesh’s capital, Dhaka, killing over 1,100 people and leaving more than 2,500 injured, a major international fund has met its target of raising 30 million dollars to be paid out in compensation to the victims and their families.

Why ACP Countries Matter for the EU Post-2015 Development Agenda

By Valentina Gasbarri
We are witnessing a shift in the original rationale behind the unique relationship between the European Union and the African, Caribbean and Pacific countries of the ACP group, which goes beyond the logic of “unilateral aid transfer”, “donor-recipient approach” and “North-South dialogue”.

Opinion: Greece – A Sad Story of the European Establishment

By Roberto Savio
Only 50 years of Cold War (and the fact that German Chancellor Angela Merkel grew up in East Germany) can possibly explain the strange political power of the United States over Europe.

Opinion: Immigration, Myths and the Irresponsibility of Europe

By Roberto Savio
With little fanfare, the German IFO Institute for Economic Research recently published a report on population projections for Germany which states simply that the country’s population is shrinking fast.

Exodus in the Bay of Bengal

By Kanya D'Almeida
For a while it went unnoticed: a boatload of migrants here, a vessel full of refugees there. But since 2012, the complex and unregulated movement of human beings through South and Southeast Asia– and the fate of those who put their lives in the hands of smugglers and at the mercy of the high seas – is becoming bleaker with each passing day.

Pacific Civil Society Swings Out Against Free Trade Agreement

By Catherine Wilson
Fourteen Pacific Island Forum countries are currently locked in negotiations with their two largest economic neighbours, Australia and New Zealand, to forge a new regional free trade agreement called ‘PACER Plus’, which supporters believe will boost economic growth in the region.

Opinion: The Bumpy Road to an Asian Century

By Shyam Saran
It has been apparent for some time that we are in the midst of a historic shift of the centre of gravity of the global economy from the trans-Atlantic to what is now becoming known as the Indo-Pacific.  

ACP Aims to Make Voice of the Moral Majority Count in the Global Arena

By Valentina Gasbarri
“Four decades of existence is a milestone for the ACP as an international alliance of developing countries,” Dr Patrick I. Gomes of Guyana, newly appointed Secretary-General of the African, Caribbean and Pacific group of countries, said at the opening of the 101st Session of the group’s Council of Ministers.

The U.N. at 70: Drugs and Crime are Challenges for Sustainable Development

By Yury Fedotov
With terrorism, migrant smuggling and trafficking in cultural property some of the world's most daunting challenges, "the magnitude of the problems we face is such that it is sometimes hard to imagine how any effort can be enough to confront them. But to quote Nelson Mandela, 'It always seems impossible until it is done'. We must keep working together, until it is done."

Opinion: Finance Like a Cancer Grows

By Roberto Savio
It is astonishing that every week we see action being taken in various part of the world against the financial sector, without any noticeable reaction of public opinion.

Opinion: The Crisis of the Left and the Decline of Europe and the United States

By Roberto Savio
The victory of the Conservative Party and the debacle of the Labour Party in the recent British general elections is yet another sign of the crisis facing left-wing forces today, leaving aside the question of how, under the British electoral system, the Labour Party actually increased the number of votes it won but saw a reduction in the number of seats it now holds in Parliament (24 seats less than the previous 256).

The U.N. at 70: Is It Still Fit for the Purpose?

By Julia Rainer
Events are being organised around the world to celebrate the 70th anniversary of the founding of the United Nations, but a recent seminar held in the Austrian capital was not held to applaud the body’s past contributions.

EU Calls for Paradigm Shift in Development Cooperation

By Ramesh Jaura
In the run-up to the international Conference on Financing for Development from Jul. 13 to 16 in Addis Ababa, Ethiopia, the European Union has called for a “true paradigm shift” in global development cooperation.

No Woman, No World

By Sean Buchanan
Almost exactly two years ago, on the morning of Apr. 24, over 3,600 workers – 80 percent of them young women between the ages of 18 and 20 – refused to enter the Rana Plaza garment factory building in Dhaka, Bangladesh, because there were large ominous cracks in the walls. They were beaten with sticks and forced to enter.

Opinion: Pillar of Neoliberal Thinking is Vacillating

By Roberto Savio
This month’s World Economic Outlook released by the International Monetary Fund (IMF) only confirms that consequences of the collapse of the financial system, which started six years ago, are serious. And they are accentuated by the aging of the population, not only in Europe but also in Asia, the slowing of productivity and weak private investment.

Investigation Tears Veil Off World Bank’s “Promise” to Eradicate Poverty

By Kanya D'Almeida
An expose published Thursday by the International Consortium of Investigative Journalists (ICIJ) and its media partners has revealed that in the course of a single decade, 3.4 million people were evicted from their homes, torn away from their lands or otherwise displaced by projects funded by the World Bank.

Opinion: A Long History of Predatory Practices Against Developing Countries

By Kinda Mohamadieh
The world’s attention turned to the practices of vulture funds after the U.S. Supreme Court affirmed a lower court opinion in the NML Capital vs Argentina case, which forbids the country from making payments on its restructured debt.

Millions of Dollars for Climate Financing but Barely One Cent for Women

By Amantha Perera
The statistics tell the story: in some parts of the world, four times as many women as men die during floods; in some instances women are 14 times more likely to die during natural disasters than men.

U.N. Water Report Not “Doom And Gloom”, Says Author

By Josh Butler
The lead author of a United Nations water report has spoken out about media depictions of his findings, denying the report lays out a “doom and gloom” scenario.

Nicaragua’s Future Canal a Threat to the Environment

By José Adán Silva
The new interoceanic canal being built in Nicaragua has brought good and bad news for the scientific community: new species and archeological sites have been found and knowledge of the local ecosystems has grown, but the project poses a huge threat to the environment.
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