Is the IMF Encouraging World Financial Leaders to Walk Blindly Towards More Austerity?

This week the world’s Ministers of Finance and Central Bank Governors meet virtually at the 2020 Annual Meetings of the International Monetary Fund and the World Bank and decide on the fate of the world. This year’s gathering is particularly important, given that the world is confronting an unprecedented crisis. Governments are struggling to finance emergency care and urgent socioeconomic support to cope with the COVID19 pandemic.

High Tech, Low Labour?

In the glitzy Dolby Theater in Hollywood Heights, with stars dressed in hundred thousand-dollar garbs, Parasite—a film about inequality, class tension and the fault lines of capitalism—won big. I couldn’t help but recall South Korean director Bong Joon-ho’s earlier 2013 film, Snowpiercer.

Why We Need Trees to End to Poverty – Landmark Report

With extreme poverty (living on $1.90 a day) projected to rise for the first time in over 20 years, a new study has concluded that global poverty eradication efforts could be futile in the absence of forests and trees.

Disregarding Rights of Persons with Disabilities

The lack of consistency and a patchy approach undermines the Government of Nepal’s credibility in fulfilling the rights of persons with disabilities. One step forward and several steps back.

Global Poverty Soars– As Incomes of World’s Billionaires Hit New Highs

The phenomenal rise in extreme poverty -– for the first time in 20 years -- has been accompanied by an upsurge in the incomes of the world’s billionaires and the super-rich.

Working Animals’ Role in SDGs and Addressing Climate Change, Pandemic Crises

As we prepare to celebrate the 75th anniversary of the  Food and Agriculture Organization of the United Nations (FAO), it is time to recognise the role of working animals in livelihood systems, addressing climate change and in human health, which has been overlooked for too long. The Working Animal Alliance seeks to change this. 

Improving People’s Lives with Digital Technology during COVID-19

Digital technology has been crucial in ensuring community and connection during the coronavirus pandemic and subsequent lockdowns. And its shown that collaboration between the private and public sector can ensure that digital technology continues to advance in a way that improves people’s lives under crises, experts said on Tuesday, Oct. 13. 

Indigenous Peoples & Local Communities Offer Best Hope for Our Planetary Emergency

Indigenous peoples and local communities offer the best hope for solutions to our planetary emergency. These solutions are grounded in traditional, time-tested practices and knowledge.

Milton Friedman Versus Stakeholder Capitalism

Milton Friedman was arguably the most influential economist of the second half of the 20th century, associated with promoting ‘neo-liberal’, free-market, shareholder capitalism. Friedman’s monetarist economics is now widely considered irrelevant, if not wrong, especially with the low inflation associated with ‘unconventional’ monetary policies following the 2008-2009 global financial crisis.

Q&A: Women in Mali Play Critical Role in Preventing and Resolving Conflicts

The coronavirus pandemic has affected the safety and sense of community for many women in Mali given the travel restrictions and lockdowns in place, Bassirou Gaye, an assistant researcher for a 2019 report on the role of Mali women in peacekeeping, told IPS this weekend.

COVID’s Impact in Real Time: Finding Balance Amid the Crisis

One enduring lesson from the COVID-19 pandemic is that any lasting economic recovery will depend on resolving the health crisis.

Scaling Up SDG4 in Crises

Out of global crises spring opportunities for change. In crisis, change is not an option. It is a necessity. And, as Plato famously noted: “Necessity is the mother of invention.” Education Cannot Wait (ECW) is an invention that sprang out of crisis and was borne of necessity.

Nobel Peace Prize to World Food Programme Delivering Life-Saving Sustenance to Millions Worldwide

With the 2020 Nobel Peace Prize bestowed on the Rome-based World Food Programme (WFP), the United Nations and its affiliated agencies continue to hold a monopoly of one of the world’s most prestigious annual awards.

Does COVID-19 Imply an End to the Epoch of Science?

Around the 16th century there was a radical shift in the way humans perceived nature.  New thinking in physics, chemistry, biology and mathematics heralded a deeper understanding of the world around us.  Between the 17th and 18th century this new thinking had resulted in spate of technological inventions such as the steam engine, railways, electricity and the telephone.

Mayors Explore how COVID-19 Pandemic will Redefine Urban Cities

The coronavirus  pandemic has the potential to bring about positive changes for cities, and give leaders the opportunity to make long-term, transformative changes as a result, according to renowned architect Norman Foster, who was speaking at the first ever Forum of Mayors 2020.

The Wreckage Of Trump’s Presidency*

Like many Americans, I have been observing Trump’s rise to power with some perplexity, often asking myself how and why a man of his character became the President of the United States, which is viewed as the most powerful political office in the world.

Can Colonialism be Reversed? The UN’s Declaration on the Rights of Indigenous Peoples Provides Some Answers

Can a state built upon the “taking of another people’s lands, lives and power” ever really be just?  Colonialism can’t be reversed, so at a simple level the answer is no.

With Armed Groups on the Rise, Youth Engagement is More Important than Ever

As governments worldwide struggle to contain COVID-19, recent reports suggesting armed groups like Islamic State are resurging offer a sobering account of the many challenges that the global community now faces.

World Peace is Not Only Possible But Inevitable

COVID-19 has shifted our world. Over the last six months, no matter where we live, our lives, assumptions, and relationships have changed. Now, more than ever, we have witnessed people from all backgrounds and all ages rise to assist each other.

Stop Blaming Industrial Policy

Industrial policy – or the promotion of particular investments, technologies, industries, regions and enterprises – has been practiced by a variety of governments to try to accelerate economic growth and transformation.

Will COVID-19 Change the Global Balance of Power?

Lockdowns, social distancing, face-masks and other restrictions on personal and social behaviour have helped slow the progress of the COVID-19 virus. Enough to allow health systems to start catching their breath, for doctors to work out treatment protocols, and for work to start on a vaccine. There is now a need to take stock of the many other impacts the pandemic is likely to have, particularly at the economic and political level.