‘Working for the Few’: top new report on the links between politics and inequality

As the world’s self-appointed steering committee gathers in Davos, 2014 is already shaping up as a big year for inequality. The World Economic Forum’s ‘Outlook on the Global Agenda 2014’ ranks widening income disparities as the second greatest worldwide risk in the coming 12 to 18 months (Middle East and North Africa came top, since…

By Duncan Green January 20, 2014 9

"Be Outraged!" Some big names in development take on the Austerians

This week Oxfam supported the publication of ‘Be Outraged’, an angry and eloquent broadside from some big names in the development scene, including Richard Jolly, Carlos Fortin, Giovanni Andrea Cornia, Diane Elson, Ruth Pearson, Frances Stewart and Stephany Griffith Jones. Many of them led the fightback in the late 1980s against the excesses of the…

By admin May 25, 2012 4

How can advocacy NGOs respond to the global meltdown? FP2P Flashback

OK, it’s looking ever more likely that we are heading for a European double plunge recession (double dip sounds too pleasant), so here’s some thoughts from December 2008 about how to respond. Ever since the global financial and economic meltdown broke, NGO colleagues have been debating how to respond. That debate is now focused on…

By admin August 19, 2011 0

The Globalization Paradox, a great new book from Dani Rodrik

Dani Rodrik is one of the handful of heterodox heroes, prominent economists who took on the lazy thinking of the Washington Consensus in its prime, and continue to dance productively on its grave. His latest book, The Globalization Paradox: Why Global Markets, States and Democracy Can’t Coexist, feels like a Big Book, one that may…

By admin June 9, 2011 4

The global bank bailout is enough to end (that’s ‘end’, not just halve) world poverty for 50 years

Here are some killer facts on the global economic crisis and the response. First the bail out: globally, as of January 2009, a calculation for Oxfam shows that banks and other financial service firms have already received or been promised at least $8.424 trillion. The breakdown is $903 billion of government capital injections; $661 billion…

By admin April 1, 2009 2

Links I liked: Rodrik reflates; Brown goes Green; Ireland backslides on aid; plus Life of Brian

Dani Rodrik talks sense as always, this time about how to engineer a quick bailout for poor countries – the IMF engineers a massive fiscal stimulus Gordon Brown nails his colours to the climate change mast in Davos: ‘we cannot afford to relegate climate change to the international pending tray because of our current economic…

By admin February 5, 2009 0

Is The Economist going socialist?

The back half of The Economist (business, finance and economics) is having an excellent crisis. If you’re willing to filter out the gratuitous (and increasingly defensive) neoclassical riffs, there is some really excellent analysis in there and even some (perhaps inadvertent) progressive thinking. This week’s edition includes a three page briefing on the Asian economies and…

By admin February 4, 2009 2