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87 items
  1. For its own sake, Greece needs to declare default

    Costas Lapavitsas
    14 February 2012
    Article

    The ruthless austerity programmes imposed on Greece and the endless cycle of debt renegotiations will only come to a close when Athens takes charge of its predicament and announces a democratic and sovereign cessation of payments.

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    Implications of EPA/FTAs against developmental regional integration in Africa

    22 September 2010
    Article

    Why the EU's so-called "Economic Partnership Agreements" and free trade policies will have exactly the opposite effect of development on Least Developed Countries' economies.

  3. The great divide: exposing the Davos class behind global economic inequality

    02 June 2014
    Article

    Davos, perhaps more than any other gathering, epitomises the way political power and global governance have in recent decades been entrenched into a small corporate elite. This elite have succeeded not only in capturing our economy, but also our politics, and increasingly our culture and society too.

     
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    Is Corruption the Cause? The Poverty Trap

    Walden Bello
    11 May 2010
    Article

    The “corruption-causes-poverty” narrative has become a standard tool in the hegemonic discourse kit for leaders in some developing countries - where in fact, Waldon Bello argues, it is neoliberal economic policies that are really to blame for poverty. Thailand’s “Red Shirts” are not, however, being distracted by the “corruption” line the World Bank and IMF are pushing, choosing instead to keep their eyes on the prize - the real answer to poverty - replacing neoliberalism with pro-people economic policies.

  5. World Bank Doesn't Belong at the Green Climate Fund's Drawing Table

    Janet Redman
    14 April 2011
    Article

    More than 90 environment, development, human rights, and anti-debt organizations from around the world want the Bank to have no say in setting up this key new tool for helping poor nations address climate change.

  6. Poor recovery, high costs

    Praful Bidwai
    28 October 2010
    Article

    The Great Recession shows no clear signs of ending, but conservative solutions to it have already wrought great long-term social damage.

  7. Greece: Same tragedy, different scripts

    Walden Bello
    15 July 2010
    Article

    If ever there was a crisis created by global finance, it is Greece. Yet the same financial institutions have hijacked the narrative of the crisis to get yet more public bailouts.

  8. Ireland’s Debt Crisis: Roots and Reactions

    Andy Storey
    29 November 2011
    Article

    The Celtic Tiger might just find its strength and appetite for action in the growth of left leaning electorates and local citizens initiatives. The tailspin of economy caused by austerity policies should be countered by a transparent debt audit.

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    The solution to the crisis: Tweaking bankers’ bonuses is not enough

    Pedro Paez Perez
    01 October 2009
    Article

    The first anniversary of Lehman Brothers’ collapse and last week’s meeting of the G20 countries have provoked numerous reflections on the causes and possible solutions to the current financial and economic mess. The problem is that the majority of these deal with cosmetic rather than the profound changes needed to get the global economy back on track.

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    Susan George in BBC World Business Report

    05 December 2013
    In the media

    Political scientist and author on Third World poverty issues, Susan George gives us her thoughts on the prospects for a free trade deal at the WTO in Bali.

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    The WTO Doha round and EPAs in an era of crisis

    23 September 2010
    Article

    The language contained in agreements being negotiated by the EU through the WTO with their southern counterparts often deliberately diguises real political goals, obscuring the negative economic implications for those countries of the neoliberal agenda.

  12. Alternatives to neo-liberal globalisation

    28 October 2010
    Article

    Alternatives to neo-liberal globalisation are needed that not only change people-to-people and South-South relations and situations, but also South-North relations and inter-actions to the benefit of all of humanity and our common planetary home.

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    Video: Trevor Evans: Why is Europe in crisis?

    Trevor Evans
    10 May 2012
    Multi-media

    The EU focus on fiscal deficit is completely mistaken. They are the result of the crisis, not the cause.

  14. Five years of crisis: little learning, continuing risks

    Myriam vander Stichele
    27 September 2013
    Article

    Why has there been so little progress or learning from the world's biggest financial crisis? What solutions could really put people back in charge of finance?

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    The Future in the Balance

    • Walden Bello
    01 May 2005
    Book
    The Future in the Balance tells the truth about the World Trade Organization, International Monetary Fund, and the World Bank, and their grip on the Third World.
  16. The public debt crisis in Greece

    Marica Frangakis, Nicos Poulantzas Institute, Athens
    07 October 2011
    Article

    Every story needs a narrative, an explanation of why things happened the way they did. In such a narrative lie the answers of how to avoid/correct similar developments in the future and how to propagate positive ones.

  17. The Chicago Boys in Chile: Economic Freedom's Awful Toll

    Orlando Letelier
    28 August 1976
    Article

    Deeply involved in the preparation of the 1975 military coup in Chile, the so-called Chicago Boys convinced the Junta generals that they were prepared to supplement the brutality, which the military possessed, with the intellectual assets it lacked. Here Orlando Letelier, TNI's second director, reflects on the impact their economic ideology had on Chile and by default shares pertinent observations on the legacy that persists today.

  18. Austerity: A recipe for deeper inequality

    Therese Caherty
    05 June 2012
    Article

    Ireland has endured austerity for four years – and we're worse off than when we started. The Austerity Treaty will drive this to another level.

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    Alternative Regionalisms News

    06 December 2008
    Article

    Alternative Regionalisms News (last updated in December 2008).

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    How to manufacture a global food crisis: lessons from the World Bank, IMF, and WTO

    Walden Bello
    16 May 2008
    Article
    The global rise in food prices is not only a consequence of using food crops to produce biofuels, but of the "free trade" policies promoted by international financial institutions. Now peasant organisations are leading the opposition to a capitalist industrial agriculture.

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