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The
Economics of Political Change in Developed Countries |
Jayati
Ghosh |
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Rising
inequality, stagnant real incomes and growing material
fragility of daily life have generated a strong sense
of dissatisfaction among ordinary people in the developed
world who increasingly see themselves as the victims
of globalisation. |
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Economic
Integration and Free Mobility of Labour |
Prabhat
Patnaik |
|
An
essential condition for
the success of economic integration is free labour
mobility over the area that is coming together through
such integration. |
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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. |
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How
to End Hunger |
Hilal
Elver, Jomo Kwame Sundaram |
|
With
current economic prospects bleak, the only way to
eradicate hunger and poverty by 2030 is to implement
well-designed social protection and scale up pro-poor
investments. |
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Globalization
and the World’s Working People |
Prabhat
Patnaik |
|
Contrary
to the impression that Globalization would benefit
all, it has actually worsened the conditions of the
broad mass of the working people in both parts of
the world. |
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Trend
Reversal in Oil Markets? |
C.P.
Chandrasekhar |
|
With
the U.S. oil production falling, and speculators sensing
an opportunity to strengthen price increases, Saudi
Arabia's bet of not cutting production seems to have
worked as oil prices rise. |
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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. |
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And
Now, Price Deflation in India and China? |
C.P.
Chandrasekhar and Jayati Ghosh |
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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. |
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Coverage
of Prudential Measures in the GATS: Some conclusions
of a WTO Appellate Body |
Andrew
Cornford |
|
The
ruling by the WTO's appellate body on the case of
Panama and Argentina dispute, involving the prudential
rules for financial services of the GATS, is the first
of its kind. |
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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. |
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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. |
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When
Commodity Prices Fall |
C.P.
Chandrasekhar and Jayati Ghosh |
|
The
decline in primary commodity prices over the past
four years particularly last year, shows that financialisation
of commodities has amplified and exaggerated instabilities
and fluctuations. |