Posts Tagged: financial flows

Bribery and sweetheart deals are a curse for democracy and civil society. But as columnist Walden Bello explains, corruption is not the principal cause of global poverty.
Matt Ryan, the mayor of Binghamton, New York, is sick and tired of watching people in local communities "squabble over crumbs," as he puts it, while so much local money pours into the Pentagon's coffers and into America's wars.

Bye-bye, Dubai

What does it mean for the global economy when even a city of oil-rich opulence can't escape the recession?
Migrant workers form the fifth largest country in the world and produce profits equal to the third largest corporation. They should be at the center of any reform of the global economy.
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