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News and Analysis

Assessing the G-20 Declaration

The Group of 20 Declaration following a recent high level summit in Washington missed a crucial opportunity to address the real weaknesses in our economic system: those of debt, executive excess and inherently unfair trade rules, argues Robert Weissman.

Social Watch Report 2008: Rights is the Answer

After the failure of mainstream strategies to combat the unprecedented financial crisis, rising food prices, climate change and growing inequities, the abandoned principles of social justice and a rights-based approach to development are an essential component of any solution, says a new report by Social Watch.

Getting Real on Climate Change

For twenty years the green climate agenda has embraced orthodoxies rooted in market fundamentalism, resulting in political failure and skyrocketing emissions. It is time to focus solutions on public investment and making clean energy affordable, argues Ted Nordhaus and Michael Schellenberger.

The Relevance of E. F. Schumacher in the Twenty First Century

Transitioning to a sustainable and just economic system is the ultimate challenge of the 21st century. As the work of E.F Schumacher argues, history will no doubt judge our generation by how well we acknowledge, embrace and take up this challenge, says John Fullerton.

The World Bank, the IFC and the Antecedents of the Financial Crisis

Privatisation and deregulation in the financial sector laid the groundwork for economic turmoil. Far from being confined to the rich world, agencies of the World Bank played a key role in pushing these policies in emerging markets, exposing them to the fallout of the financial crisis, writes Paulo dos Santos.

Why The Attacks in India Should Surprise Nobody

Religious fundamentalism fails to fully explain the heinous attacks on several Mumbai hotels. Could emerging linkages between India’s desperate poverty, inequality and increased access to information underlie the motive? By Deena Guzder.

Lessons of Zimbabwe

A preoccupation with the personality of Robert Mugabe has resulted in a narrow perspective of Zimbabwe's current problems. Instead, any understanding of the country's ills must start with an important historical legacy: post-colonial land reform. By Mahmood Mamdani.

Spotlight: Impact of the Financial Crisis on the Developing World

Analysts appear to have overlooked the impact of the financial crisis on developing countries, even though the repercussions could be disastrous for the world’s poor. Two reports reveal how lax financial regulation and accounting secrecy facilitated the crisis and could have serious implications for poor countries.

Winter 2009: The Start of Sustainable Happiness

The economic boom of the last decade failed to bring us happiness, as skewed priorities placed material wealth over personal and ecological wellbeing. But maybe there’s an upside to the downturn, argue Sarah van Gelder and Doug Pibel.

Can Obama Take On the Pentagon?

With US military spending at an all time high, the Obama administration must begin with the recognition that security is not attained through intimidation or wealth, but through genuine and effective cooperation with other nations, says Frida Berrigan.

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