India's state-sponsored car boom is inciting oil guzzling that the country cannot afford. The country is in the grip of an impending energy crisis. It is consuming more oil than ever before, and the growing transport sector is guzzling a lot of this oil. The 2007-08 Union budget must address this linkage between vehicles and energy insecurity, according to a new study on fuel economy in the transport sector, released by the Centre for Science and Environment (CSE). WDEV highlights the main findings.
Based on the study, CSE has proposed a set of immediate tax corrections to the Union finance minister P Chidambaram to deal with the challenges of 'motorisation', pollution and energy insecurity ... ... this article of WDEV Issue 2/2007 is for subscribers only. For direct log in click >>> here.If you have no subscription >>> pick an option or >>> buy the article.
EU-India Free Trade Talks: In Whose Interest? + The Risk of a Global Economic Recession + FDI at New Heights + EITI Beyond German G8 Presidency + Are We 'All Keynesians Now'? + South-South Cooperation against Child Labour
Lisbon EU-Africa Summit + Shift in Globalisation Debate + Trade Unions and Globalisation + The Falling Dollar + The Biofuel Debate in Brasil + Agentina's Comback without the IMF
International aid is necessary for the achievement of the Millennium Development Goals (MDGs). Just increasing aid, however, is of limited relevance, if it is not used effectively. A lot of ODA is not spent well because of donor practices - not because of recipient's corruption or incompetence.
The saga has been ongoing since November 2001, when the current round of negotiations was launched in Doha, Qatar, with numerous subsequent ups and downs, near-collapses, and extensions. The latest round of talks in Geneva has once again failed to produce an agreement. A compilation of controversial analyses
Is there anything unusual about the events in question? An African despot, a good deal of bloodshed - at least 80 dead, 10,000 injured, 200,000 displaced -, a rigged election, a concentrated effort to dilute international interest which is very little in the first place - that list contains nothing out of the usual or expected, does it?
The world´s 50 poorest nations saw the values of their exports climb by a collective 80% from 2004-2006 and recorded their highest rates of economic growth in 30 years. But their increased dependence on selling a few unsophisticated products leaves them vulnerable to a reversal, this years LDC report of UNCTAD warns.
The new century started with streamlining initiatives from the IMF and the World Bank to their conditionality, but these have not managed to deliver real change. The arguments have not changed over the last years, and opponents have become firmly entrenched in their positions. The machinery, however, seem to be coming slowly to life after the impasse.