PEH Blog

Tag: economic development

  • Systematic delinking: a necessary condition for achieving development

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    In “The Structural Power of the State-Finance Nexus: Systemic Delinking for the Right to Development” (2022) Bhumika Muchhala of Third World Network sets out the case for ‘delinking’ as advocated by Samir Amin. “The current era of financial hegemony is characterized by a dense financial actor concentration, an exacerbated reliance of many South countries on…

  • 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…

  • The ‘Billions to Trillions’ charade

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    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…

  • 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…

  • Trade Liberalisation Kicked Away African Development Ladder

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    David Legge
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    By Jomo Kwame Sundaram in IPS 8 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 AfricaThe 1981 Berg Report was long the World Bank blueprint for African economic reform. Despite lacking support in theory and…