The climate change talks in Bonn have now wrapped up with little firm action. Next year they move to Poland. But whatever is discussed or agreed in European cities over the coming years, the answers to climate change will not come from the west (beyond a few technological tweaks), but Asia. Read Here – The Guardian
The agreement reached in Paris contains promises that, if enacted between now and the target date of 2030, will cost the global economy at least $1 trillion dollars a year – and possibly twice as much if politicians make inefficient policy choices. This makes the agreement the costliest in history. Read Here – Project Syndicate
United Nations climate talks set to begin in Paris next week promise to produce a landmark deal that has eluded diplomats for more than two decades. All of the Group of 20 nations, including the biggest developing countries — China, India and Brazil — have prepared to limit emissions into the next decade. Plunging costs for […]
The future of global inequality, in other words, rests on India’s shoulders. To join the global middle class, India must do much better. It must improve infrastructure and education. It must implement good governance and reduce harmful corruption. It must attract foreign investment and make growth a priority. And it must do all this while […]
During the financial crisis, when the global economy faced its gravest threat since the 1930s, policymakers sprang into action. To stimulate the economy, central banks slashed interest rates and politicians spent lavishly. As a result, the recession, though bad, was far less severe than the Depression. Unfortunately, however, that quick response nearly exhausted governments’ economic arsenals. […]
The west has lost the power to shape the world in its own image – as recent events, from Ukraine to Iraq, make all too clear. So why does it still preach the pernicious myth that every society must evolve along western lines, asks Pankaj Mishra Read Here – The Guardian
The poorest half of the world’s population—that’s 3.5 billion people—control as much wealth as the richest 85 individuals! Read Here – Businessweek
A recent report on the humdrum subject of plans to build new coal-burning plants to generate electricity helps to explain why Asia – led by its rising economic giants, China and India – is at the epicentre of concern about global warming and climate change. Policy makers from nearly all of the world’s countries meet […]
looking beyond borders 