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Crisis

The Pending Challenges of Development

by Martin Khor

20 June 2016

The Declaration on the Right to Development, adopted by the UN General Assembly in 1986 (as Document 41/128) is 30 years old. It is appropriate to celebrate this anniversary. For the right to development has had great resonance among people all over the world, including in developing and poor countries.

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Spain: Has austerity worked?

by David Rosnick y Mark Weisbrot

17 January 2016

This paper examines Spain’s recent economic history, both before and after its recession, with a focus on employment, contributions to GDP growth, and the current account balance. It concludes that the economic recovery that began in the second half of 2013 is not the result of austerity policies, and is unlikely to rescue Spain from mass unemployment in the foreseeable future.

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THE STATE OF GLOBAL ECONOMIC GOVERNANCE CRITICAL REVIEWS ON PRINCIPAL SUBJECTS

by Jorge Marchini, María Sol Rivas, Andrea Urturi, Guillermo Wierzba

26 December 2015

The CEFID-AR of Argentina (http://www.cefid-ar.org.ar) prepared an special report to analyze critical aspectos of the world’s governance for debates related to last G-20 Summit (Think 20) hold in Turkey.

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Why Is The 2008 Crisis Taking So Long To Resolve?

by Yilmaz Akyuz

15 July 2014

The following is Part 2 of the transcript of the interview of Dr Yılmaz Akyüz, Chief Economist of the South Centre, with The Real News Network (a daily internet-based video news service) on US & European crisis mismanagement and global imbalances.

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Turbulence in Emerging Economies: From Easy Money to Hard Landing?

by Yilmaz Akyuz

21 May 2014

Urgent steps are needed to deal with an economic crisis in the emerging economies.Once again, most specialists on international economic matters have been caught unawares. In fact, the signs of external financial fragility in several emerging economies have been visible since the beginning of the financial crisis in the US and Europe.

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The Debt Crisis : From Europe to Where?

by Damien Millet,Daniel Munevar, Eric Toussaint, Renaud Vivien

2 May 2014

Via internet, CADTM is very pleased to make this book, "Debt crisis from Europe to Where ?" published by VAK in Mumbai (India), available to a wide public. It may be freely copied by other sites and reproduced for non profit uses provided that a link to the CADTM website is clearly visible (www.cadtm.org). Feel free to send your comments and information on the personal or collective use you make of this book to info@cadtm.org. Your messages will be forwarded to the authors.

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Stagnating economy, thriving finance

by Costas Lapavitsas

21 April 2014

The real issue, however, is whether mature economies are in long-term stagnation and not merely performing poorly after the crisis. Long-term stagnation is a very serious problem as incomes suffer, employment becomes weak, welfare declines, economic instability is exacerbated, and social tensions rise.

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Waving Or Drowning: Developing Countries After The Financial Crisis

by Ylmaz Akyuz

23 June 2013

Even if the crisis in the North is fully resolved, developing countries are likely to encounter a much less favourable international economic environment in the coming years than they did before the onset of the Great Recession, including weak and unstable growth in major advanced economies, a significant slowdown in China, higher US interest rates, stronger dollar and weaker commodity prices

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From the Arab Revolutions to Global Austerity

by Third World Network

3 May 2013

To highlight some of the complex dynamics and challenges of the IMF’s role in the Arab region, in a context of continuing popular uprisings that are calling for social and economic justice and for transforming the national development paradigm, and to link it to the waves of austerity across Europe, the US and other regions, a panel discussion titled “From the Arab Revolutions to Global Austerity,” was held on the sidelines of the spring meetings (19-21 April) of the IMF and World Bank.

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BRICS Bank: Doing development differently?

by Brunn Nagara

12 April 2013

The annual Brics summit held during the week in Durban, South Africa, focused on what that muscle can do - challenge the World Bank and the International Monetary Fund in the way development finance is conducted, as well as the Western dominance that has prevailed in both Bretton Woods institutions.

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