Issue No. 253 (Sept 2011)
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COVER:
A Second Recession?
A
looming global recession
A looming new global recession will
inevitably engulf the developing countries.
By CP
Chandrasekhar
The
Greek and eurozone turmoil: A crisis with deep roots
The causes of the ongoing eurozone crisis
are to found in the skewed nature of the European Union and the 2007
economic downturn.
By C. Lapavitsas, A. Kaltenbrunner, D.
Lindo, J. Michell, J.P. Painceira, E. Pires, J. Powell, A. Stenfors
and N. Teles
Fundamental
flaws in the European project
The fatal defect in the eurozone project
was that it was informed by a neoliberal view of leaving policy entirely
to market forces.
By George Irvin and Alex Izurieta
China
is not a cash cow for resolving eurozone crisis
Expectations pinned on China to help
resolve the eurozone debt crisis might be far from realistic.
By Steffen
Dyck
The
game is up: The age of liberal finance is over
The response to the regime of unregulated
finance that has caused the eurozone crisis should go beyond focusing
on bankers' bonuses and the failure of the rich to pay taxes.
By Ann
Pettifor
Behind
the bankers' mask
In the context of another financial
crisis, debt audits could offer a way to counter the power of big finance.
By Nick
Dearden
Fiscal
tightening could be self-defeating, warns UNCTAD
The shift towards fiscal tightening
appears to be premature in many countries, the United Nations Conference
on Trade and Development (UNCTAD) has said.
By Kanaga
Raja
Restructure
banking for more balanced and diversified system – UNCTAD
UNCTAD calls for the re-regulation of
the financial sector and the restructuring of the banking system to
make it more diversified and balanced.
By Chakravarthi
Raghavan
Asia
needs to confront new global crisis
Asian countries must review their
export-based growth model and their vulnerabilities to the inflows and
outflows of capital.
By Martin
Khor
Global
disorder and the Indian economy
There is no way India can avoid the adverse impacts of an economic
slowdown in the US
and EU.
By Jayati Ghosh
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From
crisis to crisis: The Philippines amid the global turmoil
Worse may come for the Philippines with
the new global crisis that is brewing.
By Sonny
Africa
Brazil's
'Wall Street' problem
Is it wise for Brazil to cut
public expenditure 'in the face of the growing headwinds and risks in
the global economy'?
By Mark
Weisbrot
ECOLOGY
Defending
the sea
Indigenous people in the Chilean coastal
community of Mehuin are fighting against corruption, private property
and corporate interests.
By Eliab
Viguera
WORLD AFFAIRS
NATO
intervention in Libya: Acting beyond the UN mandate
What has transpired since March when
the UN Security Council gave its go-ahead for the use of force to protect
civilians in Libya
should never have become an occasion for cheering.
By Richard
Falk
HUMAN RIGHTS
Rwandan
genocide survivors still waiting for reparation
The survivors of one of the worst genocides
in modern history are fast losing hope that they will ever be compensated.
By Juergen Schurr
WOMEN
'Until
the day I die': A Haitian peasant woman leader speaks
A Haitian woman speaks about the struggle
of her organisation for economic and social rights for rural Haitians,
especially women.
By Gerta
Louisama and Beverly Bell
ACTIONS & ALTERNATIVES
A
surprise victory for the Phnom Penh lakeside protests
A victory by some Phnom Penh residents against
unlawful eviction by rapacious developers was not sufficient to save
one of the Cambodian capital's most picturesque lakes.
By Tom
Fawthrop
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