Archive for October, 2008

ILO: Growing International Inequality

Friday, October 31st, 2008

The International Labour Organisation (ILO) has just released its 2008 World of Work report, subtitled “Income Inequalities in the Age of Financial Globalization”.
The report’s major finding is that despite record economic growth in many of the world’s countries, the wealth which is being created is failing to “trickle down” to the majority of the population, [...]

What’s Wrong with the WB & IMF? – Clinton says “We Blew It”

Tuesday, October 28th, 2008

Former US President Bill Clnton has delivered a stunning, stinging rebuke to the two institutions he effectively controlled for 8 years of his presidency, when, in a keynote address for World Food Day on October 23, he said:
We need the World Bank, we need the International Monetary Fund, we need all the big foundations, we [...]

Global Trade & Climate Change

Monday, October 27th, 2008

GTW has been making the point for a while is that the global trading system (and how it’s run) affects most other things in the world.  Climate change is a good example.
There are a large number of ways that the global trading system and climate change interact, but the most obvious is in driving emissions [...]

End of Globalisation?

Wednesday, October 22nd, 2008

I thought it would be great to start off this blog with a discussion about whether the current financial crisis means that we’re seeing the end of globalisation, or at least of neoliberalism – the economic philosophy which has driven economic globalisation for the last 30-odd years.
Back in 2005, Canadian intellectual John Ralston Saul published [...]