The
world economic crisis is at an early stage, manifesting itself
primarily in the area of finance, but it will spread from the US to the "new industrial countries" and the global contraction in production
will lead to stagflation.
The shift from consumptive, life-threatening growth to improved wellbeing and real
quality of life is the key to an environmentally and
socially sustainable future - and one which politicians must acknowledge, writes Jonathon Porritt.
Global levels of inequality threaten to halt progress toward economic development and efforts to alleviate deprivation such as the Millennium Development Goals, argues a new report.
The relentless demand for raw materials will lead to the destruction of
the world’s forests - and result in a global land grab that
will leave millions of forest people impoverished and homeless, a new study warns.
The flaws of laissez-faire economics are again evident in the latest
set of financial debacles - requiring fundamental reforms in global finance, writes Hazel Henderson.
A humourous and acerbic perspective on the food crisis - and the tragedy following in its wake for the poorest country in the Western Hemisphere, by Maurice Dufour.
As America struggles to avoid recession, the world economic order
appears to be heading for a drastic overhaul - creating pressure for
world leaders to ditch the fast-declining U.S. dollar, writes Massoud
Hedeshi.