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News and Analysis

The Washington Consensus: No More Laundry Lists

The era of the 'Washington consensus' is over, replaced by a new model of letting countries develop in their own way, writes Dani Rodrik.

 
It's the Oil, Stupid!

U.S. presidential candidates need to seriously discuss the role of oil in the Iraq invasion, even if they cannot acknowledge what it really constituted - a supreme international crime, writes Noam Chomsky.

 
A Global Lesson in Market Failure

The lesson from the food and financial crises is clear - that neo-liberal market fundamentalism was always a political doctrine serving certain interests, never supported by economic theory, writes Joseph Stiglitz.

 
Free Trade: Why "Free" Matters

Current U.S. trade policy is far from 'free trade', but simply a one-sided protectionism that is designed to redistribute income from less educated workers to more educated workers, writes Dean Baker.

 
An Agreement With No Commitments

The G8 agreement on climate change, without a baseline for reductions, is effectively a not-quite-a-pledge - and rather meaningless, writes Michael McCarthy.

 
North America Doesn't Exist

The problem with the 1994 North American Free Trade Agreement (NAFTA) is that trade isn't really 'free', and North America - at least as portrayed in the summits - doesn't actually exist, writes Laura Carlsen.

 
The G8 in a Global Mess: 1920s and 1980s Lessons

The precedent of the United States's great depression and Japan's post-bubble collapse should haunt today's G8 summiteers, says Ann Pettifor.

 
As G-8 Meets, Free Trade Under Fire

Recent economic woes are raising new doubts about the benefits of globalization, reports Mark Trumbull.

 
A G8 Removed from the Real World

Climate, oil and food crisis - it's no longer business as usual for world's leaders, writes Larry Elliott.

 
The US Gas Garrison

Twenty-eight years since the Carter Doctrine was established, the time has come to demote petroleum and stand down the troops, writes Michael T. Klare.

 
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