There is a massive problem of external debt building up for the third world, of which the recent Argentine debt crisis was only one manifestation. At the root of the problem is the collapse of primary commodity prices in...
Two decades ago, the BRIC economies were projected to surpass the advanced G6 economies by the early 2030s. Today, the huge potential of the BRICs prevails, but the pace has slowed and country trajectories have diverged....
Global trade has catalysed economic growth both in developing and developed countries, but its benefits have not been shared equally. This could change.
The
world needs fairer – not less – trade to promote shared...
A
couple of days after former President Mahinda Rajapaksa declared that
his SLPP would field a ‘patriot who can defend the country and the
people’, his brother and party organiser Basil R came up with the name.
Of course,...
President Maithripala Sirisena may go down the history of world democracy as a leader who had no hesitation to acknowledge his own constitutional wrongs and seek correctives! If someone thought it’s about the twin crises...
Films from the Global
South (such as that of Latin America, Asia and Africa) seldom receive the kind
of acceptance the Anglo-American English movies get across the world. The international
film festivals may be an exception where the ‘best’ from such countries...
Whoever said that the nation
is yet to become normal post-Easter blasts need to have their eyes and
ears tested – some, even their minds and brains. In which other nation
would you have the President and Prime Minister fly...
Scary! The way the Nation is slipping down the slopes with no holds or hurdles to stop the steep and fast slide, it is time someone took charge, not just politically and economically, but socially, too. There is none...
Prologue. For the last century, Venezuela has been a major exporter of petroleum, and that has been the foundation of its economy as other productive activity withered in the face of fast money from oil. By the 1950s it...
Shams Banihani
The
“rise of the South”, as some have called it, has prompted much
speculation about the “decoupling” of growth in developing countries
from that of advanced economies. This phenomenon has...
