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IMPORTANT NOTICE
STWR has launched a new website:
www.sharing.org

This older website is no longer being updated and is due to be closed down within the next few weeks.

All of STWR’s own content has been transferred to the new website, but most of the third-party content currently on the old site will soon be unavailable.

If you have any questions, contact info@sharing.org

Global Financial Crisis

Latest   Overview   Key Facts   More Info   News Alerts
Latest Articles Only
Unwarranted Optimism

On a structural level, the basic imbalances that caused the recent economic crisis have not been resolved.  Despite renewed optimism amongst many analysts, the only reliable prediction for the immediate future remains uncertainty and continued volatility, says Jayati Ghosh.

Moral Bankruptcy

The financial crisis exposed not only the risks inherent in our prevailing economic model, but also the moral deficit of market fundamentalism. Will we seize this opportunity to prioritise sustainability and community resilience above growth and individual gain? By Joseph Stiglitz.

Life in Limbo?

For more than two years the world has been wracked by a series of interrelated crises, leaving us trapped in a state of limbo between old dogmas and a shifting middle ground. Social movements must now forge a new 'common ground' beyond a rejection of neoliberalism, writes Turbulence Magazine.

How Free-Market Delusions Destroyed the Economy

In response to popular outcry after the financial crisis of 2008, politicians around the world seem ready to discuss how to regulate and restrain the market. The question is, can they, and, if they can, in whose interests will this regulation work? By Raj Patel.

G20: Form, not Substance

After three summits have produced only broad policy statements of a voluntary nature, the G20 is not a credible policymaking body to address the global economic crisis. Will it now serve as the lightning rod for the rebirth of the anti-globalization movement? By Walden Bello.

Dollars, Devaluations and Depressions

The international monetary framework which emerged after the collapse of the Bretton Woods system in the 1970s has proved volatile, damaging and prone to crises. It is time for a fundamental redesign and the introduction of a global reserve currency, argue Peter Chowla, Barbara Sennholz and Jesse Griffiths.

World Bank: Poor Face Long Recovery

The global recession is expected to push 89 million more people into extreme poverty by the end of 2010, the World Bank said as it called on the leaders of the 20 largest economies to engage in "responsible globalization", writes Annys Shin.

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