Economy & Trade

The World Social Forum: The counterweight to the World Economic Forum

This week the 2024 annual meeting of the World Social Forum (WSF) was held in Nepal. There were fifty thousand participants from over 90 countries, exchanging strategies to address the multiple global crises, from climate catastrophes to unfettered capitalism, inequality, social injustice, wars and conflict.

Pakistan’s Election Outcomes Leave Many Unhappy

Pakistan’s 8 February election has resulted in an uneasy compromise that few wanted or expected. There’s little indication the outcome is going to reverse recent regression in civic freedoms.

Coastal Indigenous and Minority Women Driving Kenya’s Blue Forest Conservation Efforts

Tsunza Peninsula is a natural wonder that sits just inside the many inlets of Mombasa Island on the border between Mombasa and Kwale Counties—a little-known spectacle of lagoons, islands, and thick mangroves in Kinango Sub-County, Kwale County, on Kenya’s coastal region. 

Inside Kenya’s Seed Control Battle: Why Smallholder Farmers Want to Share Indigenous Seeds

A group of 15 smallholder farmers in Kenya petitioned the country’s High Court, seeking to compel the government to review sections of a law that bans the sharing and exchange of uncertified and unregistered seeds.

Snowless Winter and a Climate Crisis: Kashmir’s ‘Unprecedented’ Weather

Abdul Gani Malik, a 75-year-old goldsmith living in Kashmir’s capital, Srinagar, has witnessed eras of tranquility and turbulence in the Himalayan region. What he has not seen, however, is a snowless Kashmir during the winter.

Making Chile’s Economy More Dynamic, Greener, and Inclusive

Chile’s economy is at a crossroads. Strong policies have successfully brought down high inflation and reduced the large current account deficit that emerged during the pandemic. Increases in social benefits have provided some relief in response to discontent over inequality.

Imperialism, Globalisation and Its Discontents*

Imperialism continues to dominate the world. Globalisation is losing to some of its anti-theses, but imperialism still rules, increasingly by law, albeit in changing even contradictory ways.

Inequality Also Afflicts Clean Energy in Latin America

The specter of blackouts hovers over the Mexican city of La Paz, the capital of the state of Baja California Sur in Mexico's far northwestern corner, as summer approaches, due to increased electricity demand from air conditioning and insufficient capacity in the local grid.

UN Tax Convention is Historic Opportunity at Risk of Failing

In late November, the UN General Assembly passed a landmark resolution signaling a start on working on a UN framework convention on taxation.

Tracking Global Development in Child Benefits Through New Monitoring and Information Platform

Inclusive social protections for children would be a positive signifier of social development in a time where 1.4 billion children globally are denied them. A step towards realizing this has been taken through a new monitoring tool on current social protection and child poverty statistics.

Start-ups Powering up Africa’s Solar Energy Ecosystem

Often referred to as the “Sun continent,” Africa receives more hours of bright sunlight than any other continent. But even with 60 per cent of the world’s solar resources, Africa has only one per cent of solar generation capacity, according to the International Energy Agency (IEA).

North Ignores ‘Perfect Storm’ in Global South

A gathering ‘perfect storm’ – due to various developments, several quite deliberate – now threatens much devastation in the global South, likely to most hurt the poorest and most vulnerable.

History’s Inflation Lessons

In the early 1970s, conflict in the Middle East set off a spike in oil prices that left central banks around the world scrambling to control inflation. After a year or so, oil prices stabilized and inflation started to retreat. Many countries believed they had restored price stability and loosened policy to revive their recession-hit economies only to see inflation return. Could history repeat?

State of the World’s Migratory Species Report ‘Alarming’ Threats, Global Action Urged

A groundbreaking State of the World’s Migratory Species report is calling for accelerated global conservation measures to counter the threat of extinction faced by 1 in 5 of all migratory species.

Embodying the Spirit of the Dragon

The Year of the Dragon is upon us. UN Secretary-General António Guterres said in his message for this Lunar New Year, “The dragon symbolizes energy, wisdom, protection and good luck. We need these qualities to rise to today’s global challenges.”

Drought Narrows the Panama Canal, Delays Shipping

At the bar that Sandra manages in Panama City's central financial district, the variety offered on the menu has shrunk due to delays in ship traffic through the Panama Canal, one of the world's major shipping routes.

Neocolonial ISDS, Abused, Biased, Costly, and Grossly Unfair

Investor-State Dispute Settlement (ISDS) provisions in international trade and investment agreements – long abused by opportunists with means – are slowly being rejected by cautious governments.

Landlocked Developing Countries Conference to Address Development

Landlocked developing countries need greater support from the international community so that they are no longer left behind when it comes to progressing with the SDGs, says the UN High Representative of the Least Developed Countries.

Unlocking India’s Potential with AI

India is on the brink of a transformation that could change its economic and social future. Before the end of this decade, more Indians will use AI every day than in any other country in the world. What’s more, people in advanced economies will be surprised by the ways the country will use AI.

Cubans Are Waiting for a Major Boost to Low Emissions Transport

Jorge Sarmientos said he made a good investment when he bought an electric motorcycle to get around and avoid the anxiety suffered by the users of Cuba's deficient public transportation system or the high prices of private alternatives.

Inclusive & Sustainable Businesses Set New Pathways for Sri Lanka

Selyn, a women-led handloom business, offers flexible employment and valuable income opportunities to about 1,000 women artisans and persons from marginalized groups in rural Sri Lanka. Selyn develops and exports high-value craft products in global markets.

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