This paper dissects the Japanese bubble economy in the late 1980’s and early 1990’s and the Asian Financial Crisis in 1997-98 and shows how they shaped Asia’s capacity to deal with and respond to the 2008 global financial crisis. It looks at how China emerged seemingly unscathed, but warns that the inroads of speculative financial capital into China and East Asia along with ongoing problems of over-production means that a future financial crisis is highly probable.
This summer, Women Peacemakers Program staff interviewed Ben Hayes, a researcher on topics such as security policy, counterterrorism, border control and surveillance, about his current work. Ben Hayes has been one of the first to research and write extensively on how countering terrorism financing (CTF) policies have been affecting the right to freedom of association and financial access for nonprofits, and the role of intergovernmental institutions such as the Financial Action Task Force (FATF) in these phenomena. In this interview, he talks about how this topic first came to his attention, current trends in trying to craft solutions for the obstacles faced by nonprofits, as well as his take on what it will take to move forward.
This paper focuses on how the global economic crisis unfolded in Europe, where a toxic mix of financial liberalization, highly-leverage banks, a poorly-planned euro and Germany’s years of structural adjustment created a deeply unbalanced and highly indebted European economy, that was brought into sharp focus as Wall Street banks collapsed. The result was the reversal of Europe's economic integration and a state of permanent crisis that continues to this day.
One week before the official Asia-Europe government meeting (ASEM) gathers in Milan, over 400 people from 42 countries in Europe and Asia gathered at the 10th Asia-Europe Peoples forum (AEPF) to present their demands and recommendations.
Susan George chairs the Transnational Institute in Amsterdam. She says the Trans Pacific Partnership Agreement could give powerful companies the right to challenge domestic laws which restrict their future profits.
A LEADING international political economist has warned that democracy is being damaged by the insidious creep of transnational corporations into government policy and their refusal to adopt country-by-country accounting practices, which have helped them avoid taxes.
A useful pocket guide on how a crisis made in Wall Street was made worse by EU policies, how it has enriched the 1% to the detriment of the 99%, and outlining some possible solutions that prioritise people and the environment above corporate profits.
Il 12 Settembre i Paesi Bassi affrontano le elezioni politiche generali. Qui nessuno discute l'euro, ma cresce una certa insoddisfazione verso l'Europa. La crisi come colpa alla periferia che «ha vissuto al di sopra dei propri mezzi» fa parte del discorso politico dell'intero arco dei partiti in lizza, anche se con moltissime sfumature.
The fiscal treaty was voted on in a referendum in Ireland on 31st May and was approved by a margin of 60% to 40% (with a turnout of barely 50% of eligible voters). To understand the significance of the treaty and the referendum result, it is necessary to understand the origins of the Irish and European debt crises.