Nuevas decepciones de la globalización

[GERARDO DEL CERRO SANTAMARÍA,, 06.07.17] El renacimiento de sentimientos y políticas proteccionistas en las economías más avanzadas del globo de que estamos siendo testigos obedece en buena parte a la gran recesión de 2008, que originó a su vez un frenazo en el proceso de integración económica planetaria que llamamos globalización. Según la UNCTAD (United Nations Conference on Trade and Development-Conferencia de Naciones Unidas … Continue reading Nuevas decepciones de la globalización

Globalization and its New Discontents

[Joseph E. Stiglitz] NEW YORK – Fifteen years ago, I wrote a little book, entitled Globalization and its Discontents,describing growing opposition in the developing world to globalizing reforms. It seemed a mystery: people in developing countries had been told that globalization would increase overall wellbeing. So why had so many people become so hostile to it? Now, globalization’s opponents in the emerging markets and developing countries … Continue reading Globalization and its New Discontents

Sharing the pie

[Aseem Shrivastava] Policymakers say that the size of the pie in developing countries has to be enlarged before it can be distributed more equitably. But the way a country’s economy grows will determine whether there is anything left to distribute at the end of the growth process. “No problem can be solved from the same level of consciousness that created it.” Albert Einstein Three closely related … Continue reading Sharing the pie

Deglobalisation is the way to reduce inequality

[Pablo Solon, 8 March 2014] The race of globalisation is leaving the majority of the world’s population far behind. According to Unicef, the richest 20% of the population gets 83% of global income, while the poorest quintile has just 1%. This trend is getting worse. A new UNDP report called “Humanity Divided: estimates that 75% of the population lives in societies where income distribution is … Continue reading Deglobalisation is the way to reduce inequality

Humanity Divided: Confronting Inequality in Developing Countries

[UNDP Report] The report makes the basic point that in spite of the impressive progress humanity has made on many fronts over the decades, it still remains deeply divided. Key messages of the report are: During the last two decades, income inequality has significantly increased in many countries. On average — and taking into account population size — income inequality increased by 11 percent in developing … Continue reading Humanity Divided: Confronting Inequality in Developing Countries

“Deglobalization”? Sure, but…

[Patrick Bond, 2003] My favorite haunt, Zimbabwe, is the delight of aggressive bourgeois commentators, one of whom wrote a month ago about that country’s meltdown in the Economist (30 November 2002): “An interesting economic experiment is being conducted in Zimbabwe. To the foes of globalisation, President Robert Mugabe’s views are unexceptional. He argues that ‘runaway market forces’ are leading a ‘vicious, all-out assault on the … Continue reading “Deglobalization”? Sure, but…

Turning their backs on the world

[The Economist print edition, February 2009] The integration of the world economy is in retreat on almost every front. The economic meltdown has popularised a new term: deglobalisation. Some critics of capitalism seem happy about it—like Walden Bello, a Philippine economist, who can perhaps claim to have coined the word with his book, “Deglobalisation, Ideas for a New World Economy”. Britain’s prime minister, Gordon Brown, is among … Continue reading Turning their backs on the world