Sleepwalking Into a New Imperial Age
As donor governments slash foreign-aid budgets, the critical frameworks that have helped sustain weak developing countries are beginning to unravel. Read More Here
As donor governments slash foreign-aid budgets, the critical frameworks that have helped sustain weak developing countries are beginning to unravel. Read More Here
More than 100 countries—including China, India, Brazil, and South Africa—face serious obstacles that could hinder their efforts to become high-income countries in the next few decades, according to a new World Bank study that provides the first comprehensive roadmap to enable developing countries to escape the “middle-income trap.” Read More Here
For the last several years, world leaders have made big promises and laid out bold plans to mitigate the climate crisis and help the neediest countries adapt. At this year’s World Bank/IMF Spring Meetings, they must demonstrate that they can fulfill these promises, rather than simply touting new ones. Read More Here
While the sovereign-debt crisis that is currently unfolding across the developing world may not have the immediate global impact of the 2008-09 financial meltdown, its long-term effects could be far-reaching. Immediate international intervention is necessary to prevent it from spiraling out of control. Read More Here
In the absence of an alternative shorthand, politicians and journalists most likely will continue to use “Global South” for the foreseeable future. Yet anyone interested in a more accurate description of the world should be wary of such a misleading and increasingly loaded term. Read More Here
Differences between support for globalization among high-skilled and low-skilled workers—and gaps in the optimism the two groups feel about their prospects for upward mobility—have grown in poor countries as well as rich ones. As a result, overall backing for economic integration is eroding. Read More Here
The 2020s now appear likely to unfold as a typical postwar decade, with some emerging economies falling, others rising, and a few standing out as genuine stars. A few will continue to rise to prosperity through the tried-and-true method of export manufacturing. Read Here | Foreign Affairs
Developing economies across Asia, Africa and South America, known as the Global South, are steadily running out of drinking water and accessing what is available is blowing a major hole in household budgets, a study across 15 cities has revealed. The study says the water crisis is severely “underestimated” and privatising water supplies in some […]
During the past three decades, there has been a momentous change in the global economy. One of the most troubling and puzzling features — the failure of poor countries to catch up to developed countries — has seemingly been overturned. Read Here – Bloomberg View
For eons, the earth has had the same amount of water—no more, no less. What the ancient Romans used for crops and Nefertiti drank? It’s the same stuff we bathe with. Yet with more than seven billion people on the planet, experts now worry we’re running out of usable water. The symptoms are here: multiyear […]