Are We Approaching a Global Food Crisis?
By the end of the 1990s, food prices had plummeted to historic lows. But after the turn of the millennium, prices began to increase. And since 2006, food prices have escalated dramatically, raising fears of a global food crisis. The rapid price increase will worsen the already dire situation for the world's poor and hungry.
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8 March: Smart Women, Right Decisions
More and more women are entering the labour markets around the world, according to a new report (see reference) published by the International Labour Organisation (ILO) to coincide with International Women's Day. However, women continue to bear the brunt when it comes to vulnerable employment.
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EU-India Free Trade Talks: In Whose Interest?
"The Indian middle class is hungry for exciting food and drink experiences" - at least according to Mariann Fischer Boel, the EU Commissioner for Agriculture. The EU wants to export wine, whisky, olive oil and 40 types of fish, among other things, to India when the customs barriers fall. Yet to whom such treaties are really helpful?
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South-South Cooperation against Child Labour
Haiti is the poorest country in the Western Hemisphere. Last month, the Brazilian government announced a programme to fight child labour in Haiti to be coordinated by the ILO's International Programme on the Elimination of Child Labour (ILO-IPEC). The programme is part of a major new initiative to promote South-South cooperation in the fight against child labour worldwide.
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Are We 'All Keynesians Now' - Again?
It was 1971 when Richard Nixon, a conservative, uttered the famous phrase "We are all Keynesians now". But there was a backlash soon to follow, with Ronald Reagan and Margaret Thatcher. The economics profession did, in its research at least, throw out many of the insights that had made John Maynard Keynes the most influential economist of the century.
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EITI Initiative Beyond the German G8 Presidency
"Responsibility for raw materials", "transparency in the extractive sector" and "resource politics for conflict zones" were important topics of the German G8 presidency last year. Never before has the issue of natural resource management been higher on the international policy agenda and there seems to be a wind of change. But what exactly has the German presidency changed?
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2008: The Risk of a Global Economic Recession
The world economy faces serious challenges in sustaining the strong economic growth of the last few years, the UN says in its report, World Economic Situation and Prospects 2008. There is a clear and present danger of the world economy coming to a near standstill.
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WDEV Highlights of 2007
The 12 articles that attracted most interest on www.wdev.eu during 2007, the stories most read or having triggered an interesting debate or just positive feedback. Festive greetings and a happy New Year to all our readers!
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Climate Change: More Action after Bali Talks
The Bali Climate Change Conference concluded successfully one day late on Saturday afternoon (15 December) after a dramatic day of events that at times saw tempers rising openly. A deal could be accomplished only after the United States gave in.
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Alternative Economists for Another Europe
Later this week the European Union reform treaty is to be signed in Lisbon. According to official statements, this will be the highlight in a year of economic and political progress. A just published memorandum by more than 350 progressive European economists gives a fundamentally different view. WDEV documents the summary of the Memorandum.
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The Greenhouse Development Rights Framework
An emergency climate program is needed, yet such a program is only possible if the international climate policy impasse is broken, and this impasse arises from the inherent - but surmountable - conflict between the climate crisis and the development crisis. To that end, the Greenhouse Development Rights (GDRs) framework is designed.
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HDR: Climate Change: Rich Nations' Responsibility
The new Human Development Report will point to rich nations' responsibility in fighting climate change this week. The climate crisis will usher in large-scale, irreversible changes in human development, unless decisive action will emerge from Bali, says Kevin Watkins, lead author of the report, titled "Fighting Climate Change: Human Solidarity in a Divided World".
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Lisbon EU-Africa Summit: The Day after …
Will the Lisbon Summit (to be held on 8-9 December) and the new Africa-EU joint Strategy bring substantial change in the way both partners handle their relationship? It is useful at this stage to start looking beyond the Summit and to raise a small selection of issues that amongst others will deserve attention in 2008.
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Trade Unions and Globalisation: Enlarging Agendas
Improved alliance-building, international collaboration and the promotion of the adoption of international labour standards are strategies the trade union movement has developed against the backdrop of globalisation. A new book examines some of the crucial issues facing the trade union movement.
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Agro-Fuels and Social Movements in Brazil
A heated international debate has been triggered by fuels derived from plants. Brazil plays an important role in this discussion. The social movements of landless, agricultural workers and small farmers have now intensified their efforts to initiate a dialogue about the conflict-charged future of agro-fuels.
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The Global Establishment and Global Inequality
There is no doubt: The way established economists and commentators talk about global economic inequality underwent a remarkable change. Even in traditionally orthodox circles there is a growing sense of urgency including calls for action. The debate on globalisation shows a very similar tendency which comes as no surprise since inequality and globalisation are two sides of the same coin.
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Who's Afraid of the Falling Dollar?
What do policy-makers in China, Japan, Argentina, Malaysia, Indonesia, the European Union and many other countries understand that ours don't? It seems they know that if the value of their currencies rises too much, it can hurt their economy. But for a number of reasons it hasn't quite sunk in here.
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Will Strauss-Kahn Lead the IMF Out of Crisis?
The International Monetary Fund (IMF) should no longer act as “gendarme” of the world economy. It has to reform itself in order to restore its relevance and legitimacy. Wherever the new IMF Managing Director, Dominique Strauss-Kahn, currently speaks, the message is quite clear: here comes someone who wants to change the Fund.
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