Globalisation

COLOMBIA: Growing International Support for Peace

By Mario Osava
The Nasa indigenous people who live in southwestern Colombia risked their very lives when they took it upon themselves to blow up munitions and weapons they discovered on their lands.

ECONOMY-SINGAPORE: Perils of Globalisation

By Kalinga Seneviratne
This tiny island republic sits on trillions of dollars in foreign reserves. Yet, Prime Minister Lee Hsien Loong said in a BBC interview this month that his country cannot spend its way out of the economic downturn, until the global economy heals.
Allan Boesak: "We can reclaim our democratic space in our countries." Credit: Faith Manuel/IPS

Q&A: ‘‘The Market Is Not God And We Are Not At Its Mercy’’

By Faith Manuel
Churches from South Africa and Germany are critically interrogating neoliberal globalisation in a process that they want to take up to United Nations level and also to their congregations ‘‘to build responsibility among people for what is happening in their world’’.
Baltasar Garzón, during a visit to Argentina. Credit: Presidencia de Argentina

Q&A: Fighting "the Dark Side of Globalised Society" *

By Tito Drago
Spanish Judge Baltasar Garzón, known for prosecuting alleged tyrants, terrorists and perpetrators of corruption, believes that progress toward a global justice system began in 1996, with the trials in Madrid of Argentine and Chilean torturers, and especially with the arrest of Augusto Pinochet in October 1998.

FINANCE: From Have Less to Have None?

By IPS Correspondents
Despite two decades of phenomenal world economic growth, income inequalities between the richest and poorest have steadily increased - a trend likely to be accentuated as economies across the globe begin to contract, experts say.

WORLD SOCIAL FORUM: ‘Stateless Peoples’ Defend Diversity

By Mario Osava
The immense diversity of peoples was apparent at the World Social Forum (WSF), which ended Sunday in Belém, the capital of the state of Pará in the Brazilian Amazon region.

WORLD ECONOMIC FORUM: Davos Under Fire

By Gustavo Capdevila
One of the few indicators on the rise at this time of economic and financial crisis is the level of repudiation expressed about those responsible for the disaster, and about the institutions sponsoring them.

WORLD ECONOMIC FORUM: Makers and Shakers of the Post-Crisis World

By Gustavo Capdevila
Of all the questions raised by the global economic crisis, one that is by no means insignificant may be answered this week: How will the pressure groups that influenced the policies that led to the present chaos adapt to the new world situation?
Cándido Grzybowski Credit: IPS/TerraViva

Q&A: “The Crisis Has Proved Us Right”

By Cândido Grzybowski
Thanks to the deepening global financial crisis, capitalism will never be the same again, according to the director of the Brazilian Institute of Social and Economic Analyses (IBase) and one of the main organisers of the World Social Forum (WSF), in an interview with Radio Tierra of Chile (a member of Amarc).
Henri Rouillé d'Orfeuil Credit: Daniela Estrada/IPS

Q&A: "We Need to Let the World Social Forum Evolve"

By Daniela Estrada
At the World Social Forum "we have tried new formulas," like holding meetings in different regions, but "we cannot repeat the same things every year," said French activist Henri Rouillé d'Orfeuil, who believes the responses generated by the upcoming edition of the global meeting should effectively address the current global crisis.

ECONOMY: Emerging G20 Consensus on Solutions to Crisis

By Mario Osava
For now, a consensus seems to prevail in the Group of 20 (G20) major industrialised and emerging nations, whose finance ministers and central bank presidents ended their 10th annual meeting Sunday, which took on a high profile due to the global financial crisis.

ECONOMY: G20 in New North-South Battle

By Mario Osava
Brazilian President Luiz Inacio Lula da Silva called for "a pact between governments to create a new global financial architecture," while stressing the need to open up the global financial bodies controlled by the industrialised world to emerging economies.
A Tata official turns on the tap for a low-income household in Jamshedpur township. Credit: Keya Acharya/IPS

INDIA: Water Privatisation – 'No Need For Costly Consultants'

By Keya Acharya
The Indian corporate conglomerate, Tata, says it is ready to provide water services in this vast country and also prove that privatisation does not have to involve expensive foreign consultants and providers.

ECONOMY-JAPAN: Hurting From Global Recession

By IPS Correspondents
Japan’s economy, on an upward trend for several years, has been hit badly by the global credit crisis. As Tokyo stock prices posted its second largest drop on record, anxiety spread of a global recession.

ECONOMY: What Role Can the IMF Play Today?

By Mario Osava
Having failed, to date, to play an active role in the current global financial crisis, the International Monetary Fund (IMF) may become a symbol of the end of an era and the need for a different system, more suitable to today’s new world order.

LATAM-ASIA: Integration Won’t Be Affected by Crisis

By Daniela Estrada
The recently created Latin America Pacific Arc will not modify its strategy of integration with Asia "because of unfavourable financial circumstances" like the current crisis, Chilean Foreign Minister Alejandro Foxley said Friday after the group’s fourth meeting in the Chilean capital.

BRAZIL: Reform of Global Financial System Needed, Says Minister

By Mario Osava
A new international financial architecture, based on different rules, is a reform that has long been demanded by different sectors and is now "inevitable" in the face of the "universal and systemic crisis" originating in the United States, says Brazilian Finance Minister Guido Mantega.
Irena Salina Credit:

Q&A: "The Notion that Water Is Forever Is Wrong"

By IPS Correspondents
Venality, greed, corruption - the documentary film "Flow: For Love of Water" could just as easily be subtitled "The Evil That Men Do."

ECONOMY-INDIA: Market Reforms May Not Materialise

By IPS Correspondents
Prime Minister Manmohan Singh’s coalition government is no longer dependent on communist parties to complete its term in office but it may yet fail to push through market-friendly, neo-liberal economic policies - for lack of time and political consensus.

TRADE: WTO Prescribes More Liberalisation

By Gustavo Capdevila
The shortcomings of globalisation must be amended by more globalisation, according to the World Trade Report 2008, released by the World Trade Organisation (WTO).

BOOKS: You’re Not on Their Speed Dial

By IPS Correspondents
Amidst the rise of multinational corporations, technology that unites people across borders, and new waves of international migration, globalisation has also ushered in the formation of a powerful network of elites who have access to unprecedented resources and influence - and whose decision-making impacts the lives of millions across the globe.
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