It has been a year since the horror of the bloodshed in Sudan’s Darfur region–with over 200,000 dead in three years–began leaking across the border into Chad. It has also been a year since a simmering conflict boiled over into a full-scale confrontation between World Bank President Paul Wolfowitz and Chadian President Idriss Deby. Are the two connected? In a word, yes. Here’s how.
Some people, at year’s end, like to spread holiday cheer. The world might do better, suggests a landmark new report from the United Nations University in Helsinki, to start spreading wealth.
It is rare to think about the links between militarism and U.S. “trade” policy. But in recent decades, U.S. global economic policies have increasingly driven U.S. military policy. And under the Presidency of George W. Bush and the “war on terrorism” the trend has rapidly and dangerously accelerated. The results have generated a militarism that is beyond the reach of democratic processes both in the United States and abroad. For this reason, activists who oppose the Iraq War and U.S. militarism generally and those promoting global economic and environmental justice must develop a common agenda.
The evidence that its members states are seeking to escape from the International Monetary Fund’s “jurisdiction” continues to mount. Most recently, Uruguay, the IMF’s third largest borrower, became the latest country to announce that it was prepaying its outstanding obligations to the IMF, and the IMF was forced to downgrade the multilateral consultations on global economic imbalances that it had proudly unveiled in April because leading economic powers have proved reluctant to fully engage in these consultations.
As part of our China Focus, we asked two leading scholars to reflect on the tensions and possibilities in U.S.-China relations. Bonnie Glaser is a senior associate at the Center for Strategic and International Studies. James Nolt is a senior fellow at the World Policy Institute. We asked them first about the potential for a strategic security partnership between the United States and China, then about their economic relationship.
While economists laud the recently deceased Milton Friedman for being Âa champion of freedom whose work transformed economics and changed the world, as a full-page advertisement in the New York Times put it, people in the South will remember the University of Chicago professor as the eye of a human hurricane that cut a swath of destruction through their economies. For them, Friedman will long be associated with two things: free-market reform in Chile and Âstructural adjustment in the developing world.
On June 4, 1989, the world watched in horror as the Chinese government’s crackdown on student protestors took a deadly turn. As Chinese soldiers fired their weapons indiscriminately and Chinese tanks rolled through Tiananmen Square, an unknown number of students and soldiers were killed. The Chinese military continued its campaign of terror throughout the summer of 1989, drawing strong international condemnation.
The national immigration debate largely is split between two camps.
ÂThe world is investing too little, according to one prominent economist. ÂThe current situation has its roots in a series of crises over the last decade that were caused by excessive investment, such as the Japanese asset bubble, the crises in Emerging Asia and Latin America, and most recently, the IT bubble. Investment has fallen off sharply since, with only very cautious recovery.Â
It’s 2 a.m. on a Saturday night. I’m in a Singapore police station. No, this story doesn’t involve alcohol. Fortunately neither the death penalty nor caning is likely. The story begins earlier on September 16, when I arrived in Singapore, the site of the annual meetings of the World Bank and IMF, from neighboring Batam, […]