Trade & Investment
In this column, Yilmaz Akyuz, chief economist of the South Centre in Geneva, argues that in recent years developing countries have lost steam as recovery in advanced economies has remained weak or absent due to the fading effect of counter-cyclical policies and the narrowing of policy space, and he recommends measures to reduce the external financial vulnerability of the South.
In this column, Professor Joaquín Roy, Professor of European Integration and Director of the European Union Centre at the University of Miami, argues that although the United States and Europe are in crisis, they are still a magnet for the rest of the world, as shown by the ceaseless waves of migrants they attract.
Landmark new policies that have sharply curtailed U.S. financing for international coal projects may be rolled back, the result of a sudden, polarised fight over a little-known government agency here. The debate revolves around an entity called the Export-Import Bank, which for much of the past century has made federal money available to promote U.S. […]
In this column, Ignacio Ramonet, director of Le Monde Diplomatique in Spanish, analyses U.S.-Cuba relations.
African countries are coming under strong pressure from the United States and the European Union to reverse the decision adopted by their trade ministers to implement the World Trade Organization’s trade facilitation agreement on a “provisional” basis. At last week’s summit of African Union leaders in Malabo, Equatorial Guinea, “there was unprecedented [U.S. and European Union] […]
U.S. companies newly operating in Myanmar have until the end of the month to file official reports detailing the actions they’ve taken to ensure that their investments comply with safeguards around land, human rights and other concerns. Such ‘due diligence’ reporting was a key compromise between activists and the U.S. government after Washington lifted sanctions […]
Major donor countries will unveil next week a new initiative aimed at strengthening the ability of developing countries’ governments to negotiate complex contracts, particularly around the extractives sector. The undertaking comes in response to increasing frustration expressed by officials in developing countries over their inability to match the negotiating power of multinational corporations, resulting in […]
Six years after the financial crisis, Wall Street’s housing alchemy engine is revving up again – only this time it’s coming for your rental. Right as housing prices bottomed out around January 2012, large institutional investors began buying distressed properties in regions hit hard by the foreclosure crisis; they’ve purchased at least 200,000 to date. […]
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