Debt Burden Continues to Cripple the South
Between 1970 and 2002, the continent of Africa received some US$540bn in loans. However, a United Nations Conference on Trade and Development (UNCTAD) study, Debt Sustainability: Oasis or Mirage? revealed that More...
Poverty in the Southern Hemisphere
Despite the wondrous technological developments and global wealth generated since the start of the 19th century, billions of people continue to live in the direst conditions of poverty. One of the most prevalent More...
The ongoing persecution of Haiti
Today Haiti is most commonly known for being the poorest country in the ‘western’ hemisphere and a land wracked by destitution and despair. This picture has only been reinforced by the horrific consequences More...
China to lead world economic recovery
A recent World Bank report has suggested that amongst the world’s major economies More...
World Bank upgrades Chinese growth prediction to 8.4 percent
The World Bank has revised its forecast for the Chinese economic More...
Global Financial Crisis – The Road to the Pittsburgh Summit
It may surprise readers to learn that this World Economic Outlook sees global economic risks as having declined since our last issue in September 2006. Certainly this is at odds with many recent newspaper headlines More...
World Bank sees even worse global decline
The World Bank says the global economy will decline by much more More...
Global financial crisis: How New will the New Multilateralism be?
It is safe to assume that many common people of yore might have believed – with typical end-of-tragedy romanticism, that postwar multilateral institutions heralded the advent of an era of understanding among More...
World Bank: 50 million forced into extreme poverty
The World Bank on Sunday urged rich countries to hurry up More...
Developing countries need $1 trillion to weather the financial crisis
At least $1 trillion is needed to help developing countries get through the global financial crisis More...
