Perspectives on Geopolitics, History, and Political Economy

Morocco: Addressing Shantytowns in an Emerging Democracy

Morocco: Addressing Shantytowns in an Emerging Democracy

Jul 24, 2017

Viewpoint by Wajiha Ibrahim* BOSTON (IDN) – What peaked in 2011 as a series of political protests sweeping the Middle East and North Africa is today an opportunity to celebrate and evaluate how various regimes mould their path towards democracy. A noteworthy component of these transitions includes the shifting role of the informal sector. While many countries...

A “Macroneconomic” Revolution?

A “Macroneconomic” Revolution?

Jul 19, 2017

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 advanced capitalist world has...

G20 Leaves Three Billion People Out in the Cold

G20 Leaves Three Billion People Out in the Cold

Jul 18, 2017

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 more than three billion people in poor and developing countries,...

Brazil’s Shipyards – Victims of a Failed Reindustrialisation Process

Brazil’s Shipyards – Victims of a Failed Reindustrialisation Process

Jul 17, 2017

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 high. Now as the president of the Niteroi Metalworkers Union...

The Case for an EU-Ukraine Customs Union

The Case for an EU-Ukraine Customs Union

Jul 12, 2017

By Anders Fogh Rasmussen COPENHAGEN – There will be an upbeat mood at this week’s European Union-Ukraine summit. Reforms and international support are beginning to bear fruit for Ukraine’s economy. An EU free-trade agreement is in place. And Ukrainians can now travel to the EU on just a biometric passport – a prospect most thought unrealistic just a few years...

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 G20 and the Inequality Crisis

The G20 and the Inequality Crisis

Jul 7, 2017

By Helle Thorning-Schmidt LONDON – Almost a decade ago, facing a near-collapse of the financial system and the risk of a depression, the world needed a new form of leadership to navigate and restore confidence in the global economy. That’s why, in 2009, at his first global summit as US president, Barack Obama joined then-British Prime Minister Gordon Brown to...

G20’s Record Does Not Inspire Hope

G20’s Record Does Not Inspire Hope

Jul 7, 2017

By Anis Chowdhury and Jomo Kwame Sundaram SYDNEY and KUALA LUMPUR, Jul 7 2017 (IPS) – The G20 leaders meeting in Hamburg, Germany, on 7-8 July comes almost a decade after the grouping’s elevation to meeting at the heads of state/government level. Previously, the G20 had been an informal forum of finance ministers and central bank governors from advanced...

Death or Democracy in Venezuela

Death or Democracy in Venezuela

Jul 7, 2017

By Enrique Ter Horst CARACAS – Venezuela’s democratic institutions are in ruins, its coffers are empty, and its citizens are searching for food in garbage dumps. Its people are dying from starvation, from preventable and curable diseases (at much higher rates than the Latin American average), and from violence – including, in some cases, gunshot wounds...

The G20’s Misguided Globalism

The G20’s Misguided Globalism

Jul 7, 2017

By Dani Rodrik HAMBURG – This year’s G20 summit in Hamburg promises to be among the more interesting in recent years. For one thing, US President Donald Trump, who treats multilateralism and international cooperation with cherished disdain, will be attending for the first time. Trump comes to Hamburg having already walked out of one of the key commitments from...