Perspectives on Geopolitics, History, and Political Economy

A “Macroneconomic” Revolution?

A “Macroneconomic” Revolution?

Jul 19, 2017

Commentary from Project Syndicate By Anatole Kaletsky LONDON – Next month will mark the tenth anniversary of the global financial crisis, which began on August 9, 2007, when Banque National de Paris announced that the value of several of its funds, containing what were supposedly the safest possible US mortgage bonds, had evaporated. From that fateful day, the...

Post-Soviet Russian economic collapse

Post-Soviet Russian economic collapse

Jul 19, 2017

Global Geopolitics and Political Economy Net – IPS By Vladimir Popov and Jomo Kwame Sundaram MOSCOW and KUALA LUMPUR, Jul 19 2017 (IPS) – Wide-ranging economic reforms following the demise of the Soviet Union at the end of December 1991 mainly resulted in economic collapse in most successor states. By the mid-1990s, output had fallen by about half...

G20 Leaves Three Billion People Out in the Cold

G20 Leaves Three Billion People Out in the Cold

Jul 18, 2017

Global Geopolitics and Political Economy Net – IDN InDepthNews   Analysis by Ravi Kanth Deverakonda GENEVA | HAMBURG (IDN) – The G20 summit in Hamburg on July 7 and 8 delivered a grand declaration of compromises on “major global economic challenges” and “shaping an interconnected world”, but failed to address the grave economic and existential problems of...

Is Productivity Growth Becoming Irrelevant?

Is Productivity Growth Becoming Irrelevant?

Jul 18, 2017

Commentary from Project Syndicate By Adair Turner LONDON – As the Nobel laureate economist Robert Solow noted in 1987, computers are “everywhere but in the productivity statistics.” Since then, the so-called productivity paradox has become ever more striking. Automation has eliminated many jobs. Robots and artificial intelligence now seem to promise (or...

Brazil’s Shipyards – Victims of a Failed Reindustrialisation Process

Brazil’s Shipyards – Victims of a Failed Reindustrialisation Process

Jul 17, 2017

Global Geopolitics and Political Economy Net – IPS   By Mario Osava   RIO DE JANEIRO, Jul 18 2017 (IPS) – “I have lived through three good periods and two bad ones,” prior to the present crisis in the Brazilian shipping industry, said Edson Rocha, a direct witness since the 1970s of the ups and downs of a sector where nationalist feelings run...

Why is neoliberalism back in Latin America?

Why is neoliberalism back in Latin America?

Jul 15, 2017

Even though it is a taboo word to many, neoliberalism is not good or bad in itself. Rather, it is a means to an end. The state is purposefully reduced in its scope of action to a minimum – by way of policies associated with fiscal austerity, financial deregulation, free trade and the privatisation of public…...

Trump Has Secretive Teams to Roll Back Regulations, Led by Hires With Deep Industry Ties

Trump Has Secretive Teams to Roll Back Regulations, Led by Hires With Deep Industry Ties

Jul 14, 2017

by Robert Faturechi, ProPublica, and Danielle Ivory, The New York Times, July 11, 2017, 5 a.m. President Trump entered office pledging to cut red tape, and within weeks, he ordered his administration to assemble teams to aggressively scale back government regulations. But the effort — a signature theme in Trump’s populist campaign for the White House — is...

Extreme Weather Wiping Out Hard-Won GDP Gains in Hours

Extreme Weather Wiping Out Hard-Won GDP Gains in Hours

Jul 14, 2017

Global Geopolitics and Political Economy Net – IPS   By Kenton X Chance BRUSSELS, Belgium, Jul 14 2017 (IPS) – With Antigua and Barbuda joining St. Kitts and Nevis as the two eastern Caribbean nations to attain middle-income country status, a senior diplomat has identified climate change as a major factor preventing other nations in the grouping from...

Reforming the International Financial System

Reforming the International Financial System

Jul 13, 2017

Global Geopolitics and Political Economy Net – IPS   By Jomo Kwame Sundaram Jomo Kwame Sundaram, a former economics professor and United Nations Assistant Secretary-General for Economic Development, received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought in 2007. KUALA LUMPUR, Jul 13 2017 (IPS) – When we fail to act on...

Argentina Plans Billions of Dollars in Railway Projects

Argentina Plans Billions of Dollars in Railway Projects

Jul 13, 2017

Global Geopolitics and Political Economy Net – IPS   By Deaniel Gutman BUENOS AIRES, Jul 12 2017 (IPS) – Development in Argentina in the second half of the 19th century and the first half of the 20th century was closely tied to that of the railway. The eighth largest country in the world, Argentina’s economy grew through exporting agricultural and...

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