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THIRD WORLD RESURGENCE

Issue No. 228/229 (Aug/Sept 2009)

COVER: One Year On: The global financial crisis and the prospects of reform

The financial crisis one year on: Has anything been learnt?
Policy makers still have yet to learn the important lessons from the current economic crisis.
BY JAYATI GHOSH

One year later: The more things change, the more they stay the same
Wall Street’s political power remains intact in spite of the economic crisis.
BY ROBERT WEISSMAN

G20 doesn’t offer much reform
The Pittsburgh G20 summit only confirmed that reform at the top of the international economic system is still unattainable.
BY MARK WEISBROT

Stiglitz criticizes multiple shortcomings of the G20 agenda
In light of the current crisis, Nobel laureate Joseph Stiglitz analyses the G20’s strengths and weaknesses.
BY BHUMIKA MUCHHALA

The need for more effective regulation of the financial market
UN Development Agency UNCTAD calls for an increase in the clout and responsibilities of financial regulators.
BY KANAGA RAJA

Financial markets, capital flows and the impact of the Doha Round
Financial reforms can only succeed if action is taken in both finance and trade.
BY CHAKRAVARTHI RAGHAVAN

One year later- No real reforms to correct economic imbalances
The various economic imbalances which contributed to the current crisis have yet to be addressed effectively.
BY MICHAEL LIM

The crisis and China: Shocks, responses and consequences
China must address the wealth and income imbalances within its own society if it wishes to increase domestic demand.
BY ANDONG ZHU

The bravado of bankers
Bankers have swiftly reasserted themselves after being scorned for creating risky financial products.
BY JEREMY SEABROOK

ECOLOGY

Unaware of risks
Transforming the Himalayan rivers into South Asia’s powerhouse in times of global warming is risky and irresponsible.
BY ANN-KATHRIN SCHNEIDER


HEALTH & SAFETY

Row over European seizures of low-cost drugs
The seizure of generic medicines in European ports has caused a global controversy.
BY MARTIN KHOR


WORLD AFFAIRS

Mexico loses its history
Mexico’s ruling elite is busy rewriting history to erase three centuries of colonial conquest from memory.
BY JOHN ROSS

Peru: ‘A political defeat for the government’
The April revolt of Amazonian indigenes against Peru’s neoliberal policies marks a new era in Peru’s turbulent history.
BY KIRAZ JANICKE

Pan Am Flight 103 and the Lockerbie controversy
The truth behind the 1988 bombing is being questioned again following the recent release of Abdel Baset al-Megrahi.
BY TOM FAWTHROP

US story on Iran nuke facility doesn’t add up
Was Iran really trying to conceal a second uranium enrichment facility in Qom?
BY GARETH PORTER


HUMAN RIGHTS

The Goldstone Commission’s Gaza findings – response and reactions
The UN report may significantly help end the impunity with which Israel has conducted itself.
BY STEPHEN LENDMAN

UN must immediately adopt and act on Goldstone report
The decision to defer adoption of the Goldstone report dashes hopes to bring Israel to account.
BY OMAR BARGHOUTI


WOMEN

Chile: Activists press candidates to take a stance on women’s rights
Chilean women’s organizations are pushing presidential candidates to commit to the further progress of women.
BY DANIELA ESTRADA

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