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Issue 4/Jul-Aug 2011

Non-FDI modes of international production
International production is not exclusively about foreign direct investment (FDI) on the one hand and trade on the other. There is a third pillar: NEMs which include contract manufacturing, services outsourcing, contract farming, franchising, licensing, and management contracts.
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The euro zone and its periphery: Bail-out 2.0
The EU summit on 21 July 2011 got much publicity, but produced quite limited results. It brought some short-term relief for Greece and other euro zone states in the periphery, but did hardly anything to deal with underlying problems. Its main result was buying time.
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Europe taking the lead on speculations tax
Out of the ashes of the 2008 financial crisis, an idea that progressives have been kicking around for decades - a financial transactions tax (FTT) - took on new life. There were hopes that the G20 would take up the proposal. And there were some early encouraging signs. Today, however, European leaders are going ahead on their own.
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Revitalising Africa's cotton sector
Market conditions are ripe for a resurgence of African cotton farming - recent global prices are more than double their average for the last 20 years. And prospects for sustained demand appear good as a number of developing country economies, as a by-product of continuing growth, search for greater supplies of cotton and textiles.
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Issue 5/Sep-Oct 2011 / Issue 3/May-Jun 2011

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WDEV Recent Issues

Issue 6/Nov-Dec 2011
G20: Wrong forum for development + German aid under Niebel + London contra FTT + Food speculation: How it works
Issue 5/Sep-Oct 2011
The global social crisis +++ Thanks to Germany it's 2008 all over again +++ Nepal: Second chance for Maoists
Issue 4/Jul-Aug 2011
Non-FDI modes of international production + Bail-out 2.0 for Greece + Europe: Tobin tax on the move
Issue 3/May-Jun 2011
Survey on trade union rights violation + BRICS on the new IMF director + Greece and the euro + Green Economy for LDCs?
Issue 2/Mar-Apr 2011
LDC-IV in Istanbul +++ Reforming the global monetary system: Whick role for the IMF +++ Escalation of food prices +++ Remittances and development
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WDEV Highlights

Thinking development against the mainstream
Marking the 30th anniversary of one of the world's more influential economic annuals experts pointed out that themes long sounded in UNCTAD's Trade and Development Report retain current prominence - particularly those citing the questionable wisdom of unbridled free markets.
NGOs urge open selection of World Bank President
In an open letter a global coalition of development activists and non-governmental organisations (NGOs) is calling on the World Bank's governors to ensure that the next president is chosen in an "open and merit-based process" that will give borrowing countries a major say in the selection.
Myanmar - a new darling of the West
After decades of isolation - imposed by major OECD countries out of concern for the country's human rights violations - Myanmar is emerging as a new darling of the "West" - judging by the accelerating succession of visits by senior officials and gurus. New groups of investors are waiting to enter the country as soon as possible.
Prognosis 2012: On the brink of a global recession
Persistent high unemployment, the euro area debt crisis and premature fiscal austerity have already slowed global growth and factor into the possibility of a new recession. Now the United Nations have downgraded significantly its forecasts for the world economy in the next year.
Back to the IMF? Hungary under siege by creditors
Eastern European states are in for a new round of the crisis. The external control of the banking sector and high reliance on external credit has landed the countries of Eastern Europe in a vulnerable position. Now, credit flows from Western banks are drying up again. Hungary has been the first country in the region to ask for IMF support again.