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THIRD WORLD ECONOMICS

Issue No. 538 (1-15 Feb 2013)
IMF giving wrong-headed policy advice in Europe – study


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IMF policies exacerbating crisis in EU, says paper
The International Monetary Fund’s policy advice to European economies is unduly focused on spending cuts, smaller government and reducing social protections, according to a new study
by Kanaga Raja

Missing reform deadline, IMF nears “credibility cliff”
A move to give developing countries a greater say in the running of the IMF has stalled.
by Carey L Biron

DSB authorizes Antigua sanctions in US gambling dispute
The WTO has given Antigua and Barbuda the greenlight to suspend measures protecting US intellectual property in retaliation for the US’ non-compliance with a WTO ruling on Internet gaming services.
by Kanaga Raja

David and Goliath
Antigua and Barbuda’s move to apply intellectual property sanctions against the US in the gambling dispute is very much in accordance with international trade rules – rules that had been demanded by the US in the first place.
by Norman Girvan

Resolving the food crisis: The need for decisive action
Sophia Murphy and Timothy A Wise look at what was – and was not – done over the past year to tackle volatility in global food prices, and assess the outlook for progress in 2013 on this front.

Water agenda at risk of being hijacked by big business
The involvement of the private sector in water provision is threatening to undermine access to this essential resource.
by Thalif Deen

Reviving economic planning in Africa
After decades suffering from bad advice that led to the state having little role in the economy, African countries are reviving national planning and development strategies, learning from the Asian experience.
by Martin Khor

Firms stash tens of billions in tax havens
Developed and developing countries alike are losing billions each year as a result of corporate tax-dodging practices.
by Carey L Biron

Hogging the global pie
Calls for bold action to narrow the global rich-poor gap are falling on deaf ears among the planet’s corporate elite.
by Sam Pizzigati


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