EDITO
All the celebrations and propaganda by the Tsipras’ government, the IMF and the European leaders around the Third Memorandum conceal certain crude facts. Social protection will be subjected to more and more budget cuts so exposing the more vulnerable. Eric Toussaint comments on the Troika’s policy in Greece that is certain to create more problems than solutions.
We witness another hype around the proposed bullet train in the western part of India but the key questions around the violations of all types of ecological and social safeguard norms, remains unanswered.
In an interesting article Damien Millet and Eric Toussaint expose the dangers of the “Dutch disease”, i.e. an export oriented extractivist economic model that in long term ruins the countries of the third world . The alternatives proposed are worth considering.
Also read articles on Kenyan debt, Pan-Africanist perspectives, the philanthrocapitalism of the Gates Foundation in Africa, the negative effects of the politics of quantitative easing and others.
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