PEH Blog

Category: Research Reports

  • The colonial origins of economics

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    “The colonial origins of economics” by Ingrid Harvold Kvangraven, Surbhi Kesar and Devika Dutt, published in Third World Resurgence. THE recent Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 was awarded to Daron Acemoglu, Simon Johnson and James Robinson (henceforth AJR). The Nobel committee noted that the laureates ‘have demonstrated the importance of…

  • Global Employment Trends for Youth (ILO, 2024)

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    While the global labour market outlook has improved considerably for young people aged 15 to 24 more than fours years since the onset of theCOVID-19 pandemic, the picture is uneven across the regions. In 2023, 65 million young people aged 15 to 24 (13%) were unemployed worldwide. In 2023, 256 million young people aged 15…

  • Private equity takeovers are harming patients

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    By Merrill Goozner in BMJ 2023;382:p1396, Evidence review suggests that costs rise and quality falls at acquired healthcare providers Private equity investment in healthcare provider institutions reached record highs in recent years in both the US and Europe, with US acquisitions accounting for three quarters of the combined $100bn (£78bn; €91bn) in investment in 2021.12 The…

  • Australia gets nickel-and-dimed by Indonesian downstreaming

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    By James Guild in East Asia Forum on 11 June 2024 Despite soaring nickel prices between 2016 and 2022, Australian nickel miners, such as Wyloo Metals and BHP, have struggled due to a surge in market supply from Indonesia, the world’s largest nickel reserve holder, leading to a fall in nickel prices. While Australian miners…

  • The Crisis of Liberalism

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    By Prabhat Patnaik in IDEAs (originally People’s Democracy) 13 May 2024 Each strand of political praxis is informed by a political philosophy which analyses the world around us, especially, in modern times, its economic characteristics. On the basis of this analysis, the particular political philosophy sets out the objectives which have to be struggled for,…

  • Trade Liberalisation kicked away African Development Ladder

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    By Jomo Kwame Sundaram in IDEAS (originally IPS), 9 May 2024 Africans have long been promised trade liberalisation would accelerate growth and structural transformation. Instead, it has cut its modest production capacities, industry and food security. Berg helped sink Africa The 1981 Berg Report was long the World Bank blueprint for African economic reform. Despite lacking support…

  • Services Exports as Growth Engine

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    Bt C. P. Chandrasekhar and Jayati Ghosh in IDEAS, 14 May 2024 Interest in India’s almost unique success as a services exporter in global markets persists. India’s services export receipts rose from $95.8 billion in post-crisis year 2009-10 to $341.1 billion in 2023-24. Close to one half (47 per cent) of those exports were exports…

  • The IMF and Class Struggle in Latin America: Unveiling the Role of the IMF

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    By David Barkin and Juan Santarcángelo in Monthly Review Online, 1 May 2024 Mainstream economics posits that the path to prosperity for developing countries is achieved through the implementation of a set of “free market” policies, which, among its principal measures, advocates for economic openness, market deregulation and liberalization, and privatization of public enterprises. Despite empirical evidence…

  • Fuelling the future, poisoning the present: Myanmar’s rare earth boom

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    2022 Study revisited in 2024 and published 24 May 2024 by Global Witness In 2022, a Global Witness investigation revealed a shocking reality at the heart of the green energy transition. Unregulated mines in Myanmar had become an essential source of heavy rare earth elements (HREE), vital ingredients for the magnets used in electric vehicles (EV) and…

  • Licencias obligatorias para exportación: operacionalización en el orden jurídico argentino  

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    By Valentina Delich via South Centre, 19 April 2024 En el año 2017, entró en vigor la enmienda del Acuerdo sobre los Derechos de Propiedad Intelectual relacionados con el Comercio (ADPIC), por la cual se incluyó el artículo 31 bis en su texto. Esta disposición permite las licencias obligatorias para exportación a terceros países sin o con insuficiente…