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Issue 3/Jul-Sep 2014
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An era of global turbulence The illusion of the end of conflict is over. Delegates meeting at the United Nations are facing a world under attack, and responses are so far not matching the manifold crises, writes Martin Khor.
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Economic policy alternatives for post-2015 Having avoided a deep depression, stabilized financial markets and recovered the ground lost during the crisis years, there is a growing belief in some policy circles that the global economy is back to normal. But UNCTAD's 2014 Trade and Development Report suggests that tight fiscal policy, flexibilisation of labour markets, active monetary policies and the reliance on buoyant asset prices cannot bring the world economy back to robust health.
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Exposing the great 'poverty reduction' lie The received wisdom comes to us from all directions: Poverty rates are declining and extreme poverty will soon be eradicated. The World Bank, the governments of wealthy countries, and - most importantly - the United Nations Millennium Campaign all agree on this narrative. Relax, they tell us. The world is getting better. It is a comforting story, but unfortunately it is just not true.
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Will sanctions sideline the US Dollar? The use of sanctions as an international cudgel has long been complicated by some nasty unintended consequences. For the United States and the world economy, one consequence could be particularly significant.
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Issue 4/Oct-Dec 2014 / Issue 2/Apr-Jun 2014
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