No. 642, 1-15 June 2017
BIS calls for building economic resilience, maintaining globalization
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prevailing tailwinds to build greater economic resilience, says BIS
the world economy has gained strength, risks to global growth exist
which necessitate national and international policy measures to build
resilience, according to the Bank for International Settlements (BIS).
risks need careful management, not backlash, says BIS
the chapter on globalization released ahead of its full annual report,
the BIS frowns on attempts to roll back globalization, saying they
would be the wrong response to the challenges posed by tighter global
and Brazil oppose end to Green Box cotton payments
proposal by four African cotton-producing countries to slash trade-distorting
subsidies on the crop has met with opposition from the likes of the
EU, Brazil and the US at the WTO.
D. Ravi Kanth
on world hunger has reversed
world is facing its worst food crisis in postwar times, says the UN
Food and Agriculture Organization (FAO), as conflict and climate change
raise hunger levels.
lives by investing in the poorest
in the health of the poorest communities saves almost twice as many
lives, according to a UN agency’s analysis.
The Asian financial crisis – 20 years later
was two decades ago that financial turmoil buffeted the hitherto high-flying
East Asian economies. Much has happened since then, not least the
eruption of a global financial crisis and the emergence of new vulnerabilities
in emerging economies.
1997 Asian crisis lessons lost
analysis has failed to draw the right lessons from the Asian financial
crisis which broke out to such devastating effect 20 years ago, writes
Jomo Kwame Sundaram.