Posts Tagged: financial flows
Officials of the United Nations and the host South African government looking hard in the mirror this weekend will have to judge the World Summit on Sustainable Development a failure.
Despite the IMF's reformist rhetoric about "bailing in" foreign investors and distributing adjustment costs more equitably, there is nothing novel about the new IMF standby credit. It is once again about bailing out banks and bondholders.
The new IMF prescription of fiscal austerity and no capital controls makes little economic sense.
It is time India realizes that it has to develop its own low-cost farming strategies, suited to the needs of the country.
brief review of Argentina's decline from poster child of the IMF and Wall Street during most of the 1990s
" This is a "betrayal of capitalism" in which the "most fundamental principles of our market system were being flouted."
This essay considers Thabo Mbeki's analysis of globalization, his strategy and demands for global-scale and continental socioeconomic progress, and his preferred alliances.
Sparked by the government's latest economic policies, which restricted the amount of money people could withdraw from their bank accounts, political demonstrations and the looting of grocery stores spread across the country.
Investment Rules After Doha: A Time to Sow?
The creation of the G-20 totally ignored the serious and continued efforts of the developing countries, speaking collectively through their Group of 24 (G-24), to collaborate with the G-7 and other industrial countries in the creation of a more effective