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THIRD WORLD ECONOMICS

Issue No. 553 (16-30 Sept 2013)
Testing times for world economy


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Sustained global economic recovery still elusive
The world economy remains sluggish as domestic and international imbalances persist and inappropriate macroeconomic policy stances prevail in many countries, according to a UN development body.
by Kanaga Raja

Turmoil in emerging economies
The recent G20 summit discussed a new phenomenon – economic turmoil beginning in some major developing countries. Coordination to prevent future crises is still elusive.
by Martin Khor

Azevedo takes over as WTO DG in adverse international scenario
The WTO’s new Director-General Roberto Azevedo is confronted with the continuing impasse in the Doha Round trade talks as well as the prospect of making changes in the running of the organization, notes Chakravarthi Raghavan in the following article, written in the first week of the Brazilian’s tenure.

Success at MC9 has to be first priority, says new DG Azevedo
Acknowledging that “our negotiating arm is struggling”, WTO head Roberto Azevedo has stressed the importance of reaching a successfully negotiated outcome at the WTO’s Bali Ministerial Conference in December.
by Kanaga Raja

US, Malaysia skirmish over tobacco in TPPA talks
Negotiations to draw up a free trade pact for the Pacific region are now hamstrung by differences over the proposed exclusion of tobacco products from the deal’s liberalization commitments.
by Carey L. Biron

Work begins on financing sustainable development
A UN expert committee charged with identifying financial resources to fund sustainable development commenced its work in late August, reports Bhumika Muchhala.

“Responsible mining” as buzzword
“Responsible mining” has come to mean different things to different people. To Robin Broad, it should entail a comprehensive notion of economic, environmental and social responsibility.

Sliding back to the Victorian Age
The world is regressing towards egregious levels of inequality, but, asks Roberto Savio, are today’s democracies doing anything about it?

Despite recession, global migration on the rise
The number of migrants worldwide is at an all-time high, UN data reveals.
by Roger Hamilton-Martin


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