Category: Analysis
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Financing Africa’s Climate Action
By Mukupa Nsenduluka & Rachel Etter-Phoya from Tax Justice Network 22 May 2024, here Africa has contributed the least to global warming, yet millions of African people are facing the most severe impacts of the climate crisis. To combat these challenges – stopping floodwaters, feeding starving people, and increasing the resilience of the public sector –…
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The ‘Billions to Trillions’ charade
By Jayati Ghosh, 27 May 2024, published first in Social Europe and then in IDEAs. The international-development sector has become fixated on calculating financing gaps. Hardly a day goes by without new estimates of the funds low- and middle-income countries (LMICs) need to meet their climate targets and achieve the United Nations Sustainable Development Goals…
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What Comes After Neoliberalism?
A panel of commentators brought together by Project Syndicate (4 June 2024) including Mehrsa Baradaran, Anne O. Krueger, Mariana Mazzucato, Dani Rodrik, Joseph E. Stiglitz, and Michael R. Strain are asked to respond to “What comes after neoliberalism?” The steep tariff increases on Chinese goods that US President Joe Biden’s administration recently announced are just the latest in a long string…
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Trade disputes over IP and health
Thanks to KEI for sharing the following references on trade related bullying. Time-line of Disputes over Compulsory Licensing and Parallel Importation in South Africa, 1994 to 1999. http://www.cptech.org/ip/health/sa/sa-timeline.txt Susannah Markandya, Timeline of Trade Disputes involving Thailand and access to medicines, July 23, 2001 (Timeline entries from 1979 to 2001). http://www.cptech.org/ip/health/c/thailand/thailand.html Susannah Markandya, Timeline of disputes…
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The Collapse of Neoliberal Privatisation
By C P Chandreasekhar on IDEAs 19 April 2024 Thames Water, one of England’s many regional water monopolies, infamously privatised by Margaret Thatcher in the 1980s and symbolising the dramatic turn in economic policy that neoliberalism implied, is finally collapsing. Unable to mobilise £500 million from shareholders who have milked the company over years, Kemble…
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Africa’s Debt Crisis needs a Political Fix, contend experts
By Meera Srinivasan, on IDEAs, 20 April 2024 Ghana’s women vendors and hawkers are hard to miss. Attired in bright colours and bold prints, they walk swiftly on capital Accra’s streets, bearing baskets with various items on their heads, as infants wrapped in cloth carriers sit clasping their shoulders. As key contributors to the country’s…
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Water Flowing Upwards: Net financial flows from developing countries
from C. P. Chandrasekhar and Jayati Ghosh on Real-World Economics Review blog, 1 May 2024, originally published in the Business Line on April 29, 2024 Once again, low and middle income countries (LMICs) are at the brutal receiving end of the fickle trajectory of international capital flows. As Figure 1 indicates, net financial flows to such countries, which…
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Capitalism is the single greatest source of violence
By Jason Hickel, from Pearls and Irritations, 23 April 2024 What the present moment reveals, once again, is that Western aggression during the “Cold War” was never about destroying socialism, as such. It was about destroying movements and governments in the periphery that sought economic sovereignty. Why? Because economic sovereignty in the periphery threatens capital accumulation…
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Intellectual Property, tool of colonialism
Text originally published in Portuguese on Feb 27th 2024. The idea that white Europeans could go out and colonize the rest of the world was based on the premise that there was an enlightened humanity that needed to reach the darkened humanity, bringing it into this incredible light. This call to the heart of civilization…
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Farmers’ Protest in India Reignites: A Struggle for the Future of Food and Agriculture
Colin Todhunter in Dissident Voice, February 18th, 2024. // In 2021, after a year-long protest, India’s farmers brought about the repeal of three farm laws that were intended to ‘liberalise’ the agriculture sector. Now, in 2024, farmers are again protesting. The underlying issues and the facilitation of the neoliberal corporatisation of farming that sparked the…
