Playing with Financial Fire: A South Perspective on the International Financial System
By Andrew Cornford
Playing with Fire (PWF) is a continuation of the analysis of the integration of Emerging and Developing Economies (EDEs) into the international financial system which Yılmaz Akyüz has carried out in his roles as senior economist for many years responsible for UNCTAD’s Trade and Development Report and Chief Economist at the South Centre. The treatment covers cross-border financial flows, increased commercial presence of foreign financial institutions in EDEs and their increased participation in their local financial markets as well as policy and regulatory issues. PWF deploys data on major cross-border financial flows on a gross as well as a net basis. This innovative approach facilitates identification of financial stability issues posed by the increased participation of EDEs in international financial markets.
The IP Negotiations Monitor summarizes the latest developments in multilateral and regional fora where intellectual property negotiations are taking place, and informs on upcoming meetings and events.
Heading off Global Action on Access to Medicines in 2018
By Dr. Jorge Bermudez and Dr. Viroj Tangcharoensathien
At the dawn of 2018, political and health leaders must seize the growing momentum and opportunities to tackle the protracted challenges of access to medicines that undermine efforts to save lives and improve health as committed under the Agenda 2030 SDG by all UN member states. (more…)
There are several key social and environmental issues to watch out for in 2018 as they are close to reaching a tipping point, says this preview of the new year by the South Centre’s Executive Director Martin Khor. (more…)
Antibiotic resistance, now widened to be called antimicrobial resistance, is the world’s greatest public health risk and threat. We are now so used to using antibiotics that it is almost unthinkable what would happen to our state of health if there were none available. Or if the antibiotics don’t work anymore.
Health leaders are sounding the alarm bell. The Chief Medical Officer of the United Kingdom has warned of a looming “catastrophe” so widespread that we would be back to a pre-antibiotic era when many diseases could not be treated. The World Health Organisation’s then Director General has said the world is heading towards a post-antibiotics era in which common infections such as strep throat or a child’s scratched knee could once again kill. It may even bring the end of modern medicine. And heads of states and governments in 2016 adopted a landmark Political Declaration recognising that antibiotic resistance is the “greatest and most urgent global risk”.
This book is a collection of articles written over two decades, tracing the antimicrobial resistance problem as it evolved through the years into a full blown crisis. It also contains the author’s speaking notes at the UN General Assembly summit-level special event on AMR. It provides news and opinions in popular language on various aspects of AMR, as the problem emerged and then developed into the present day public health catastrophe.
Author: Martin Khor is the Executive Director of the South Centre.
The year 2017 is fast ending and a new year 2018 will soon be starting: a good time to take stock. The past year was dominated by President Trump of the United States, who put his stamp on world affairs in many ways. He offended allies and foes alike, while catering to his voter base. The changes he made to US policies on the UN, climate change, trade and (as the year ended) on the Palestinian-Israeli conflict, changed the world in many ways. Developing countries, affected in 2017, are worried what next will change in 2018.
Climate Partnerships for a Sustainable Future: An initial overview of South-South cooperation on climate change in the context of sustainable development and efforts to eradicate poverty
At COP23, the United Nations Southern Climate Partnership Incubator (SCPI) released a report entitled “Climate Partnerships for a Sustainable Future: An initial overview of South-South cooperation on Climate Change in the context of sustainable development and efforts to eradicate poverty”. This report was jointly produced by the South Centre and the UN Office for South-South Cooperation (UNOSSC).
As global health leaders warn that antibiotic resistance is leading to the end of modern medicine, the World Health Organization (WHO) issues guidelines to prohibit or restrict using antibiotics to feed animals reared for their meat. Urgent coordinated actions are needed to avoid the end of modern medicine. The author Martin Khor is the Executive Director of the South Centre. This article was also published by Inter Press Service (IPS) (more…)
China’s Debt Problem and Rising Systemic Risks: Impact of the global financial crisis and structural problems
The fast expansion of China’s debt, in particular corporate and local government debt, has attracted international attention and has also become a major concern of China’s policy makers. Even though China can tolerate a higher debt level than many other emerging and developing economies owing to the sheer size and other special features of the Chinese economy, systemic risks for financial stability have been rising since the global financial crisis and the cushions built in the past decades to withstand a higher debt level have also been weakened. (more…)
The International Debate on Generic Medicines of Biological Origin
The debate on generic medicines is not new. What makes it different today is that attacks levelled against biological products are couched in ever more “technical” and abstruse language that confuses even the World Health Organization (WHO).
Promoting Sustainable Development by Addressing the Impacts of Climate Change Response Measures on Developing Countries
Response measures arise in the context of developed and developing countries taking actions to combat climate change at global, national and regional levels, such as for the protection and stabilization of the climate, emissions leakages and/or the costs of environmental compliance. They may have unintended and adverse economic and social consequences for developing countries’ economies, most often on the poorest and most vulnerable sectors of those economies.
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