The IPCC’s final report, known as the Synthesis Report, indicates the world is doomed if present climate and emission trends continue, but the key solutions are as elusive as before. Imagine our world getting more and more polluted, and little space left for the Earth to absorb more pollutants before all kinds of disasters take place. And imagine that we have not yet found the solutions to really slow down the emissions or to prevent the catastrophe that lies ahead. This look into our scary future was evident at the recent meeting in Copenhagen to finalise the last climate change report of the IPCC (inter-governmental panel on climate change). (more…)
Malala got the Nobel peace prize; here’s why Nabila won’t
By Staff, Firstpost of India
Last week, the Nobel Peace Prize committee announced two winners: Pakistan’s Malala Yousafzai and India’s Kailash Satyarthi for their struggle for the rights of children. While for most Indians K Satyarthi’s name was a bit of a mystery, Malala was already a widely known international figure, her personal story documented on magazine covers around the world. The celebration of Malala in the West has long inspired conspiracy theorists who view her as a CIA stooge — and that she is now the youngest recipient for the Nobel Peace Prize is likely to prove more fodder for the same. But you don’t have to be paranoid to ask the question raised by Murtaza Hussain in Al-Jazeera: What about Nabila Rehman? (more…)
As the United Nations hosts a Climate Summit Sep. 23, the lingering question is whether the meeting of world leaders will wind up as another talk fest. It is most likely that it could go that way. The problem is that developed countries are pressuring developing countries to indicate their pledges for emissions reductions post-2020 under the Paris deal which is currently under negotiation, without any indication of whether they will provide any finance or enable technology transfer – which are current commitments under the Convention. (more…)
Many countries are facing a worsening debt situation, and thus feel the urgency to curb ‘vulture funds’ and to set up a global debt restructuring mechanism. External debt is rearing its ugly head again. With the global economic slowdown, lower commodity prices and less tourism, many developing countries are facing reduced export earnings and foreign reserves. No country would like to have to seek the help of the International Monetary Fund to avoid default. That could lead to years of austerity, high unemployment, cuts in social development and at the end of it, still no light at the end of the tunnel. (more…)
Below is a report of the presentation of economics professor Dr. Deepak Nayyar at the South Centre Conference in Geneva. He addresses the situation of developing countries in the aftermath of the financial crisis, while focusing on their real economy variables.
Dr. Deepak Nayyar, emeritus professor of economics at Jawaharlal Nehru University and member of the South Centre’s board, addressed the situation of developing countries in the aftermath of the financial crisis, while focusing on their real economy variables. He noted that developing countries on the whole have fared better than industrialized and transition economies in the aftermath of the crisis. Yet, some high-income emerging economies that depend on exports to the United States and the European Union were hard hit, Nayyar noted. In contrast some large developing countries did not fare badly. For example, the growth performance of Sub-Saharan Africa and some least developed countries has been robust. (more…)
North’s policies are exposing South’s economies to shocks
By Kinda Mohammadieh
Since the onset of the global economic crisis, the South Centre in its analysis had indicated that the policy responses to the crisis by the US and EU are exposing developing countries to serious shocks in the future. Dr. Yilmaz Akyuz (Chief Economist of the South Centre) notes that these arguments are no longer predictions but hard reality. He was speaking at the South Centre Conference in Geneva. (more…)
SDGs: G77 position on economic issues and finance and technology
By Mr. Peter Thomson
The Group holds the view that the post-2015 development agenda should build on existing commitments and lessons learned from the implementation of the MDGs to ensure that new initiatives, both at international and national levels, reinforce previous successes while address important implementation gaps and systemic shortcomings.
We believe a transformative global development agenda must fulfill five key policy objectives: rapid and sustained economic growth; industrialisation; full employment; greater distributional equity; and environmental sustainability. (more…)
SDGs: Economic Issues at National and Global Levels
The economic pillar of sustainable development is crucial, yet relatively neglected. It should get its proper place in the Sustainable Development Goals. This paper deals with economic issues at national level (as Sustainable Development Goals) and at international level (as part of the new Global Partnership for Development). It is part of the South Centre’s contribution to the United Nations process of establishing Sustainable Development Goals.
SDGs: Technology and Finance—The Means of Implementation
The following is a statement by Executive Director of the South Centre, Martin Khor, to the Open Working Group on Sustainable Development Goals held at the United Nations in New York on 9 December 2013. (more…)
It is currently being discussed in the United States if the Export Administration Act (EAA) of 1979, that prohibits crude oil exports, is to remain in force. Why? Because the US is experiencing a sharp increase in the production of shale oil and shale gas (also called “unconventional”). And oil and gas companies want to export their surplus production. First question, how can there be a law in the US that prohibits such an elemental activity as exports? Well, the EAA exists due in large part to the geopolitical problems of the late 1970s, and applies not only to oil. (more…)
China seems to be preparing to play a bigger role in global economic affairs, but not at the cost of giving up its developing country status. After years of being rather low key in economic and social affairs at the United Nations, it looks as if China is now ready to upgrade its role in the future. (more…)
Of all the issues currently being negotiated on the Trans Pacific Partnership Agreement, none are more important than the ability of patients to get life-saving medicines at affordable prices, which many fear may be a victim of the agreement. (more…)
