A transformed global economic landscape

Shyam Saran, Business Standard The 2007-08 global financial crisis continues to alter the world’s economic scenario, argues the writer in the first instalment of a two-part series The investment and export-led growth model that marked the emergence, successively, of the east Asian, south-east Asian and Chinese economies, is being questioned in the light of developments…

An IMF boost for China’s currency

Shyam Saran, Business Standard 9 June 2015 In a recent report, the International Monetary Fund (IMF) declared that the Chinese currency, the Yuan, was no longer under-valued. The IMF head, Christine Lagarde, also let it be known that in its forthcoming October review, the Chinese currency may well be included in its basket of benchmark currencies, which is…

Sustainable development goals (SDG): all you need to know

Thanks to – Liz Ford, The Guardian   Activists push an inflatable globe on a march during Rio+20, in Rio de Janeiro, Brazil, June 2012. Photograph: Felipe Dana/AP What are the sustainable development goals? The sustainable development goals (SDGs) are a new, universal set of goals, targets and indicators that UN member states will be…

Making international trade work for the world’s poorest

Jim Yong Kim and Roberto Azevêdo Thanks to – The Guardian Snapshot While trade can lift economic growth, the poor do not automatically benefit from new trade opportunities. Many people such as women, rural poor, workers in informal sector and poor in conflict-afflicted areas, simply face too many obstacles to benefit from increased trade. WTO and…

What’s happened to world trade?

Simon Evenett and Johannes Fritz Agenda.World Economic Forum, 13 Nov, 2015 Snapshot The benign interpretation of the global trade slowdown is given as a combination of the rising US dollar, falling commodity prices, and retrenchment of supply chains involving China. After recovering in 2010 and during the first half of 2011, world trade stopped growing…

BRICS, WTO Members Should ‘Multilateralize’ TTIP, TPP – Ex-EC Official

Anastasia Levchenko 1 October,  2015, Sputnik   The United States has been leading the charge to establish free trade blocs with Europe via the Trans-Atlantic Trade and Investment Partnership (TTIP), and the Pacific Rim nations via the Trans-Pacific Partnership (TPP). The global transparency organization WikiLeaks contends that TTIP will create a global economic bloc to rival the BRICS group, an…