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Egypt’s ’Orderly Transition’? International Aid and the Rush to Structural Adjustement
by
Adam Hanieh
3 December 2011
lthough press coverage of events in Egypt may have dropped off the front pages, discussion of the post-Mubarak period continues to dominate the financial news. Over the past few weeks, the economic direction of the interim Egyptian government has been the object of intense debate in the World Bank, International Monetary Fund (IMF) and European Bank for Reconstruction and Development (EBRD). US President Obama’s 19 May speech on the Middle East and North Africa devoted much space to the (...)
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International Trade Union Confederation denounces
Doing Business 2010: World Bank Discourages Extension of Social Protection
by
ITUC-CSI
10 September 2009
Brussels, 9 September 2009: Even though the World Bank has endorsed improved social safety nets to protect the millions of workers who have lost their jobs due to the global economic crisis, the latest edition of the Bank’s highest circulation publication discourages countries from adopting social protection schemes by designating governments that do so as anti-business. Doing Business 2010, launched today by the World Bank, also recommends that countries should reduce severance pay for (...)
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Getting to the root causes of the food crisis
by
Eric Toussaint
21 November 2008
The explosion of the economic crisis, the financial crisis and the food crisis in 2007-2008 shows just how interdependent the economies of the world are. In Third World countries, for most people, the main concern these last two years has not been the financial crisis of the banks of the United States and Europe, but rather the dramatic rise of food prices. This year’s record cereal harvest and the recent fall in food prices on the commodities stock markets should not create a false sense (...)
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What are the alternatives for human development?
by
Eric Toussaint
20 October 2008
In 2008, the financial, economic, food and climate crises have worsened dramatically throughout the world. The effects will be long-lasting. The international organizations and most governments have responded in ways that can only cast further doubt on their own legitimacy. Indeed the majority of the public are perfectly aware that bankers are being bailed out with no concern for the interests of the people. The convergence of these crises shows populations that there is a clear need to (...)
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Final declaration of the International Political Economy Conference
Responses from the South to the Global Economic Crisis
20 October 2008
Caracas - October 11, 2008 Academics and researchers from Argentina, Australia, Belgium, Canada, Chile, China, Cuba, Ecuador, Egypt, France, Mexico, Peru, Philippines, South Korea, Spain, United Kingdom, United States, Uruguay and Venezuela participated in the International Political Economy Conference: Responses from the South to the Global Economic Crisis, held in Caracas October 8-11, 2008. The conference stimulated a wide-ranging debate on the current economic and financial health of (...)
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The End of poverty, press release
Who Will Pay For The Economic Crises A Controversial Documentary Screening in Twenty Countries For Poverty Week Knows the An
20 October 2008
As the global economic crises deepens, activists worldwide seek to draw attention to the plight of the poor through actions this week to mark the International Day for the Eradication of Poverty and to demand that world leaders deliver on their promises to eradicate extreme poverty and achieve the Millennium Development Goals by 2015. A new documentary film, The End of Poverty,’s that examines the increase in global poverty as the byproduct of free market economics, has struck a nerve with (...)
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The new Chinese capitalism
by
Esther Vivas ,
Josep Maria Antentas
21 September 2008
The recent Olympic Games have been a great showcase for the new ascendant Chinese capitalism. China has today been through a long process of capitalist restoration initiated three decades ago. The reforms began in 1978, and extended and deepened, progressively debilitating the mechanisms of the planned economy and received a decisive push from 1992 onwards. In the 1990s an unrestrained process of privatization of state companies and liberalization of public services took place. Nowadays, (...)
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Third World: is another debt crisis in the offing?
by
Eric Toussaint
12 September 2008
September 2008 While taking a significant toll on public revenues, repayment of the public debt has, since 2004, ceased to be a major concern for most middle-revenue countries and for raw material exporting countries in general. In fact the majority of governments of these countries are having no trouble finding loans at historically low interest rates. However, the debt crisis that hit the advanced industrial countries in 2007 could radically change the conditions of indebtedness in (...)
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A Future for the Bank of the South ?
by
Eric Toussaint
12 September 2008
Interviewed by Politis (French weekly paper) September 2008. Q.1. The implementation of the Bank of the South, which should have been effective 60 days after its foundation by seven South American countries last December, is running late. What is the current situation ? Are there pressures aiming at jeopardising the project? You are right: 9 months have now elapsed since the heads of states of Argentina, Bolivia, Brazil, Ecuador, Paraguay, Uruguay and Venezuela signed the founding act (...)
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La Via Campesina release regarding the WTO bilateral and mini Ministerial Meeting - Geneva, July 2008
Wrong doctor, wrong remedies. WTO pushes for more trade liberalisation to solve food crisis: more fuel on the fire!
by
Via Campesina
23 July 2008
About 40 hand-selected trade ministers invited to Geneva do not have any mandate to decide on the future of millions of people. La Via Campesina demands an end to the WTO negotiations! The policies of the WTO have de-regulated food and agricultural markets. They have pushed for privatisation of services and natural resources generating a speculative bubble out of control of national governments, increasing hunger to up to a billion people. The current world food crisis is a direct (...)
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