The World Bank’s 1981
Berg Report provided the blueprint for structural adjustment, including economic liberalisation in Africa. Urging trade liberalisation, it promised growth from its supposed comparative advantage in agriculture.
This September the UN turns 80, but the lessons of peace, justice, and cooperation are still unfinished. The world today faces the flames of inequality, conflict, ecological collapse and growing digital threats. In short, the very problems the UN was created to solve are once again staring us in the face.
As the high-level opening week of the UN General Assembly unfolds, with heads of states delivering often self-serving speeches from the UN’s podium, the organisation is undergoing one of its worst set of crises since its founding 80 years ago. This year’s General Assembly – ostensibly focused on development, human rights and peace – comes as wars are raging across multiple continents, climate targets are
dangerously being missed and the institution designed to address these global challenges is being hollowed out by funding cuts and political withdrawals.
US President Trump’s snide barbs against his appointee, US Federal Reserve Bank Chairman Jerome Powell, have revived support for central bank independence – long abused by powerful finance interests against growth and equity.
It’s peak holiday season across Europe and North America, and people are hitting the beaches and crowding into city centres in ever-increasing numbers. They’re part of a huge industry: last year, travel and tourism’s share of the global economy stood at
US$10.9 trillion, around 10 per cent of the world’s GDP.
The accumulation of still growing greenhouse gas emissions (GHG) in an increasingly unequal world is accelerating planetary heating. It is also worsening disparities, especially between the rich and others, both nationally and internationally.
Electric vehicles contribute to an ongoing environmental and humanitarian crisis in the Democratic Republic of the Congo (DRC). Mining operations cause deforestation, pollution, food insecurity and exploitative labor practices.
Today, 3.4 billion people live in countries that spend more on debt interest payments than on health or education. This marks a trembling indication that the United Nations’ promise for the 2030 Agenda could be slipping away.
The world is losing interest in investing in others, especially when it comes to humanitarian aid. Foreign Direct Investment (FDI) has slowed to critical levels, weakening emerging markets and further slowing growth across developing nations.
Can the
Fourth International Conference on Financing for Development (FFD4) be a turning point? The stakes are high. The international financial system—so important to each and every one of us—feels out of reach and resistant to change, because it is deeply entrenched in unjust power imbalances that keep it in place. We deserve better.
While Asia and the Pacific seem to be booming in employment and GDP growth, reports reveal a possible volatile and fragile market pegged to U.S. consumerism.
For decades, Portugal stood as a beacon of democratic stability in an increasingly unsettled Europe. While neighbours grappled with political fragmentation and the
rise of far-right movements, Portugal maintained its two-party system, a testament to the enduring legacy of the 1974 Carnation Revolution that peacefully transitioned the country from dictatorship to democracy. It was long believed that Portugal’s extensive pre-revolution experience of repressive right-wing rule had effectively inoculated it against far-right politics, but that assumption is now demonstrable outdated. An era of exceptionalism ended on 18 May, when the far-right Chega party secured 22.8 per cent of the vote and 60 parliamentary seats, becoming the country’s main opposition force.
With two-fifths of the world economy, East Asia can inspire others by creatively responding to the US President’s tariff challenge by promoting fair, dynamic and peaceful regional cooperation.
Many African countries are perceived as a credit and investment risk. As a result, they are paying higher borrowing costs than developed countries.
African countries often fail to attract international investment and finance as a result of poor credit ratings by international agencies. Only Botswana and Mauritius, out of the 55 African countries, receive an investment grade rating. Lenders view the rest as having 'junk' status, indicating a high risk of loan default. As a result, lenders will demand a higher interest rate to compensate for the perceived increased risk of the borrower.
US President Donald Trump has deliberately sown discord worldwide in attempting to remake the world to serve supposed American interests better. He will not cede influence, let alone power and control, to other nations, let alone people.
For 2025, the theme of
World Health Immunization Week (24-30 April), “Immunization for All is Humanly Possible”, emphasizes the need to eradicate disparities in access to vaccines, particularly for children. By encouraging governments to implement vaccination programs at the local and national levels, the World Health Organization (WHO) seeks t0 ensure worldwide access to life-saving vaccines.
The
Fourth International Conference on Financing for Development (FfD4) will bring world leaders together to forge a new international consensus on how to finance a better future for all. Yet, in practice, the first
drafts of its outcome reveal a glaring omission: people. Despite rhetoric about inclusivity, the drafts are strikingly weak on social issues, as if financing and macroeconomic policies exist in a vacuum, detached from the lives they impact.
CIVICUS discusses Ecuador’s presidential election with Jorge Tapia de los Reyes, Coordinator of the Democracy and Politics Department and the Political Funding Observatory of the Citizenship and Development Foundation (FCD). FCD is an Ecuadorian civil society organisation that promotes participation, citizen monitoring and open government.
The majority of African countries are yet to commit 15 percent of their GDP to funding the health sector, despite the growing disease burden weighing down the continent and two decades after the coming into force of the Abuja declaration on health sector funding.
Donald Trump’s top economic advisor claims the President has weaponised tariffs to ‘persuade’ other nations to pay the US to maintain its supposedly mutually beneficial global empire.
US President Donald Trump has again seized global attention by arbitrarily imposing sweeping tariffs on the rest of the world. He reminds us America is still boss, claiming to ‘make America great again’ (MAGA) by ensuring ‘America first’ at everyone else’s expense.