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...

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…...

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...

Reaganomics Redux, But Worse

Reaganomics Redux, But Worse

Jul 10, 2017

This article first appeared in the Washington Spectator By Jeff Madrick The tax cut proposals first announced by President Donald Trump this April are, simply put, a fraud. They are about greed and politics, not economic growth or true tax reform. The policy has been proved wrong twice already. As a broadly faithful rerun of the Reaganomics of the early 1980s,...

The Asian Financial Crisis — 20 Years Later

The Asian Financial Crisis — 20 Years Later

Jul 5, 2017

Global Geopolitics and Political Economy Net – IPS   By Martin Khor Martin Khor is Executive Director of the South Centre, a think tank for developing countries, based in Geneva. PENANG, Malaysia, Jul 5 2017 (IPS) – It’s been 20 years since the Asian financial crisis struck in July 1997.   Since then there has been an even bigger global financial...

1997 Asian Crisis Lessons Lost

1997 Asian Crisis Lessons Lost

Jul 5, 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 5 2017 (IPS) – After months of...

How Swedes and Norwegians Broke the Power of the ‘1 Percent’

How Swedes and Norwegians Broke the Power of the ‘1 Percent’

Jul 1, 2017

Originally published on Common Dreams. By George Lakey While many of us are working to ensure that the Occupy movement will have a lasting impact, it’s worthwhile to consider other countries where masses of people succeeded in nonviolently bringing about a high degree of democracy and economic justice. Sweden and Norway, for example, both experienced a major...

East Asia’s real lessons

East Asia’s real lessons

Jun 21, 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, Jun 21 2017 (IPS) – International recognition...

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