From Neoliberalism to Possible AlternativesFrom Neoliberalism to Possible Alternatives 1. Introduction The objective of this article is to outline possible alternatives to capitalism in its neoliberal phase. In 2007, the deepest world crisis since the Great Depression started and has continued with neither a theoretical nor a practical solution to date. It has exacerbated economic stagnation, inequality, poverty, and environmental destruction. As a response to the crisis, countries have applied keynesian but mostly neoliberal (...)
Lire la suiteRICHEST 1% ’EQUAL TO OTHER 99%An special report issued by OXFAM affirms that the global wealth is increasingly concentrated in the hands of a small wealthy elite. These wealthy individuals have generated and sustained their vast riches through their interests and activities in important economic and financial sectors- The study has included well known and recognized data sources estimating the ‘85 billionaires have the same wealth as the bottom half of the world’s population
Lire la suiteUSA: Students´ debts are surpassing $1.3 trillion In the background of growing hurdles for young generations to find good jobs with higher incomes to make feasible repayments, gigantic growth of students´s debts has become a key political issue
Lire la suiteICELAND: Replacing the neoliberal model with a sustainable modelPresentation held at the conference: „TOGETHER we can put an end to the problems of debt and austerity in Europe !” by the European Left, April, 10th, 2014, Brussels
Lire la suiteYear 2 of the Tunisian revolution: Private profit vs public interestThe ongoing blackmail and the pressure by the international financial institutions are weakening the process of democratic transition, even though the IFIs officially support it. They are pushing the Tunisian government into adopting arbitrary, non-transparent and dictatorial practices
Lire la suiteWaving Or Drowning: Developing Countries After The Financial CrisisEven 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
Lire la suiteThe World Bank and the Green Climate Fund: "an ironic contradiction"?The Bretton Woods Project has just published a new article: The World Bank and the Green Climate Fund: "an ironic contradiction"? by Andrea Rodríguez Osuna, Interamerican Association for Environmental Defense (AIDA) highlighting concerns about the World Bank’s potential role in designing policies to determine the allocation of resources for adaptation and mitigation activities in developing countries in the UN Framework Convention on Climate Change Green Climate Fund.
Lire la suiteFrom the Arab Revolutions to Global AusterityTo 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.
Lire la suiteGlobal financial flows, aid and developmentThis paper - written by Eurodad for CONCORD’s Aidwatch coalition - sets out all the financial resources potentially available for development. It examines their key characteristics and discusses their poverty and sustainable development impacts, as well as the implications for aid.
Lire la suiteGreece already defaulted on the creditors’ terms; what they fear is default on the debtor’s termsWhat is being witnessed in Greece is a full blown example of being trapped in the debtor’s prison of current sovereign debt resolution mechanisms, where creditors are both judge and jury
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