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World Economy
Why the European Union should be Even More Worried about Brexit
C.P. Chandrasekhar and Jayati Ghosh

The economic pressures that may have driven the Brexit vote are also evident in other big European nations. So to survive, the EU must rethink its template for economic policies.

Is Sustainable Development Hindering Economic Recovery?
Jomo Kwame Sundaram
Sustainable development must be recognized as providing the essential sense of common purpose for collective action by the multilateral system that would lead the world out of the current darkness.
   
The Brexit is Not Gender Neutral
Gabriele Köhler
This article highlights the gendered implications of the Brexit vote- what it means for women living in Britain or elsewhere in the world.
After Brexit
C.P. Chandrasekhar
Whatever the long term implications of Brexit are, it could, in the short run, disrupt world trade, and worsen the depressed conditions confronting the current world economy.
   
What Next for the EU?
Jayati Ghosh
It will be tragic indeed if the EU collapses under the weight of its own contradictions only to yield to the petty and xenophobic forms of national neoliberalism that are currently the most forceful alternative to neoliberal economic integration.
The Qualitative Shift in European Integration: Towards permanent wage pressures and a 'Latin-Americanization' of Europe?
Erik S. Reinert and Rainer Kattel
The Brexit vote has ruptured so many political structures so deeply, it could be decades before its damage can be fully reckoned.
   
Brexit Earthquake has Many Ruptures
Radhika Desai

The Brexit vote has ruptured so many political structures so deeply, it could be decades before its damage can be fully reckoned.

European Eastern Enlargement as Europe's Attempted Economic Suicide?
Erik S. Reinert and Rainer Kattel
The authors argue that the process of European economic integration has made a qualitative shift- from a Listian symmetrical economic integration to an integrative and asymmetrical integration.
   
Brexit: A revolt against the hegemony of globalized finance
Prabhat Patnaik

The British vote to leave the EU will only further undermine the state of confidence of the capitalists and further belie all facile claims of an imminent recovery.

The Global "New Normal" is Not New- But it is still a real concern
C.P. Chandrasekhar and Jayati Ghosh
Global growth rates of the last five years are similar to those in the past, but now they are accompanied by unprecedented monetary expansion that seems to have little impact.
   
A Note on Development under Risk in the Arab World
Ali Kadri, NUS
The Arab economies are experiencing lumpen development wherein yesteryears’ accomplishments are reversed by a combination of war dislocation or anti-development macroeconomic policies.
And Now, Price Deflation in India and China?
C.P. Chandrasekhar and Jayati Ghosh
While it was presumed the developing world, especially the more prominent emerging markets, were less prone to price deflation, data from China and India show trends of declining producer prices.
   
Societal Involution in the North
Jayati Ghosh
Recent social and political trends in the US and in parts of Europe point to the regressive tendencies that seek to recreate a past that seems less complicated, but manages to intensify unhappiness.
No Clue to the Future
C.P. Chandrasekhar
The failure of the G20 countries to agree to an action plan not just to ensure recovery but prevent a second slump, may lead to countries adopting beggar-thy-neighbour policies.
   
Robust Global Economic Recovery Needs Coordinated Policy Response
Anis Chowdhury and Jomo Kwame Sundaram
For a robust global economic recovery there is the need of a coordinated policy response that must involve international cooperation and commitment to sustainable development.
How much has Global Economic Power Really Shifted?
C.P. Chandrasekhar and Jayati Ghosh
This article analyses the significance of shift in global economic power from the North to the South and what exactly it means for the countries in developing Asia like India.
   
Banks and the New Asian Tigers
C.P. Chandrasekhar
Substantial accumulation of bad debt in the domestic banking systems of India and China seems to be proving too heavy a burden to bear when the good times are disappearing.
The IMF in Pakistan
C.P. Chandrasekhar
While presenting a positive picture of the Pakistan economy the IMF conceals the fact that Pakistan's role as an on-and-off strategic partner of the US has undermined its ability to find an independently funded growth strategy.
   
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Economics Associates 2016
 

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