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THIRD WORLD ECONOMICS

Issue No. 554 (1-15 Oct 2013)
More work needed to reach Bali deal – WTO DG


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WTO DG reports on latest round of talks on Bali issues
The WTO Director-General has indicated that much more needs to be done on the negotiating front to deliver the trade reforms targeted for adoption at the WTO’s Ministerial Conference in Bali this December.
by Kanaga Raja

Pot calling the kettle black!
A fight taking place in the WTO shows how the rules on agriculture allow rich countries to continue huge subsidies whilst penalizing developing countries’ farmers.
by Martin Khor

CSOs urge participants to abandon TISA talks
A proposed Trade in Services Agreement being negotiated by some 50 countries is “an assault on the public interest” as it would undermine regulation of and access to key services, civil society critics warn.
by Kanaga Raja

UN to hold development summit in 2015
A UN summit is scheduled to take place in September 2015 to adopt a global post-2015 development agenda, intergovernmental negotiations on which will commence next September.
by Martin Khor

Poverty declines as inequality deepens
UN figures show a drop in the number of poor people worldwide, but how sustainable is this poverty reduction in the face of rising inequality?
by Thalif Deen

No respite five years after Lehman
Five years after the Lehman Brothers collapse triggered the global financial crisis, there are still no effective financial regulations in developed countries, while the developing countries face big new challenges.
by Martin Khor

Credit rating reform overlooks developing world
Problems posed for developing countries by inaccurate and biased assessments by credit rating agencies remain unresolved.
by Samuel Oakford

Robin Hood activists take aim at Wall Street
Calls for a financial transaction tax in the US are gaining ground as activists seek to rein in a runaway financial sector.
by Samuel Oakford

US to require disclosure of worker-CEO pay gap
Amid growing inequality in the US, a requirement for American companies to disclose the ratio of CEO to average worker salaries is on the cards.
by Carey L. Biron


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