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THIRD WORLD ECONOMICS

Issue No. 574, 1-15 Aug 2014
SDGs adopted, MDGs see limited gains


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Sustainable development goals adopted amidst differences
Overcoming deep divisions among its membership, an intergovernmental UN working group has adopted a set of goals to be pursued by the international community in the quest for sustainable development.
by Bhumika Muchhala and Ranja Sengupta

Amid scepticism, UN trumpets successes in cutting poverty
A UN report points to some progress towards attaining the Millennium Development Goals but, say civil society observers, neglects structural barriers to development that can negate any success achieved.
by Thalif Deen

Process set up to elaborate legal instrument on TNCs
The UN’s rights body has initiated a process for drawing up a legally binding international treaty to address the human rights obligations of transnational corporations.
by Kinda Mohamadieh

BIS calls for reversal of loose money policy, hints at austerity
The Bank for International Settlements’ policy proposals for invigorating the global economy address symptoms instead of causes and may bring about more harm than help, writes
Chakravarthi Raghavan.

From Havana to Bali, Third World gets the crumbs
They may have long gained political independence, but for many countries of the South, economic success has proven more elusive in a world of inequitable trade and financial regimes.
by Chakravarthi Raghavan

BRICS announce NDB and CRA for $100 billion each
The BRICS emerging market bloc have set up two new financial initiatives: a bank for funding infrastructure projects in developing countries, and a currency reserve pool to be drawn upon in times of liquidity pressures.
by Kanaga Raja

TFA’s entry must be conditioned on development outcomes
Civil society groups have urged that a WTO trade facilitation accord come into effect only once pro-development outcomes are concluded in the Doha Round talks.
by Kanaga Raja

Public stockholding programmes for food security face uphill struggle
Even as they shell out huge subsidies to their own farmers, developed countries are throwing up obstacles to the stockholding schemes run by developing-country governments to promote food security.
by Ravi Kanth Devarakonda

Scepticism as “green goods” talks begin
Ecological protection may not be the real objective behind recently launched negotiations at the WTO to free up trade in so-called “environmental goods”.
by Carey L. Biron


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