Issue No. 631, 16-31 December 2016
UN reports point to slow growth, rising unemployment

*Click on cover to download (PDF)
World economy
remains trapped in period of slow growth
The world economy in 2016 recorded its lowest growth rate
since the Great Recession of 2009, according to the UN, and a robust recovery
is being hindered by weak investment levels and slow growth in trade and
productivity.
by Kanaga Raja
Global unemployment to rise by 3.4
million this year, says ILO
The global unemployment rate is projected by the
International Labour Organization (ILO) to rise in 2017, amid a protracted
economic slowdown which has set back progress in increasing both the quantity
and quality of jobs.
by Kanaga Raja
Developed
countries want “payment” anew for unresolved Doha agri issues
In return for dealing with outstanding agriculture-related
issues in the WTO, developed countries want the trade body to take up new items
on its agenda.
by D. Ravi Kanth
New OECD measure
for aid highly problematic, says study
A study questions the need for and potential effectiveness
of a new gauge of development aid being formulated by the OECD grouping of rich-country
donors.
by Kanaga Raja
Eight men as wealthy as half the world
A report by anti-poverty group Oxfam highlights how a
“broken economic model” is creating a yawning gulf between rich and poor.
by Baher Kamal
Exposing the wealth defence industry
A new book sheds light on the world of the professional
wealth managers helping the ultra-rich dodge taxes and regulation.
by Chuck Collins
Opinion: Trump
trade strategy unclear
With the mercurial Donald Trump now at the helm of the
world’s largest economy, Jomo Kwame Sundaram and Anis Chowdhury consider how
international trade dynamics may be altered as a result.