How Open is Your Government? Find out here

The latest ‘Open Budget Index‘ (2008), produced by the Open Budget Initiative, ranks governments according to the information they make available to the public throughout the budget process. The main findings are: Only five countries of the 85 surveyed—France, New Zealand, South Africa, the United Kingdom, and the United States—make extensive information publicly available as required by…

By admin February 11, 2009 2

Global Social Democracy – Why I disagree with Walden Bello

Just came across ‘The Coming Capitalist Consensus’, a thought-provoking polemic by Walden Bello, the Filipino anti-globalization guru and sociology professor based at Focus on the Global South. Walden argues that a new form of ‘Global Social Democracy’ (GSD) is emerging from the crisis of market fundamentalism and finance capitalism. He sums up its key propositions as:

By admin February 2, 2009 12

Financial crises at a glance: bank crashes, geopolitics and how long til the rebound?

Here are two illuminating graphics from the Financial Times and Economist. First up is a figure from Martin Wolf’s latest column in the FT, itself based on a new paper by Carmen Reinhart and Kenneth Rogoff, showing the proportion of the world economy affected by banking crises, from 1900-2008. Its main features are a spike around…

By admin January 12, 2009 3