No. 686, 1-15 April 2019
next after Trump threat of WTO exit?
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has more to lose if Trump pulls it out of WTO
In the wake of the US president’s latest threat to take his country
out of the WTO, Chakravarthi Raghavan suggests that it may
be time for the rest of the WTO membership to call the US bluff.
Developing Asia needs a new economic paradigm
In light of inadequate demand and the problems of ecological damage
and growing inequality, what developing Asia – and the world economy
– require is a Global Green New Deal, contends Jayati Ghosh.
Opinion: Facebook and friends threaten to “Libralize” the world
Facebook’s proposed digital currency, Libra, can shake up global finance
– and not necessarily for the better.
by Anis Chowdhury and Jomo Kwame Sundaram
The Bretton Woods institutions and the second crisis of multilateralism
After 75 contentious years supporting expansion of the interests of
the Global North with the support of elites from the Global South,
the World Bank and the IMF now face a crisis of multilateralism in
no small part of their own making, as failed economic policies have
resulted in widespread skepticism of the effectiveness and equity
of the international order they helped to shape.
by Luke Fletcher
Food sovereignty is Africa’s only solution to climate chaos
To tackle the interconnected food and climate crises it faces, Africa
needs to break its ruinous dependence on food imports and support
local, agroecologically based production.
Regulating digital platforms via competition and data-based approaches
Parminder Singh calls on developing countries to take the lead
in establishing the policy framework for a globally fair and just
digital economy, one that is not dominated by a handful of corporate
tech titans. Such a framework, he proposes, should combine competition
regulation with policy that governs access to and use of the all-important
digital resource, data.