Tag Archives: International & World

This article first appeared in the Indian journal Economic and Political Weekly on 13 November, 2021. Fermi Paradox In a recent article, Yıldızoğlu (2021) reminded us of the Fermi Paradox, which can be summarised as: Although the probability of the existence of other forms of life in the universe is sufficiently high, why have we not met any? Enrico Fermi, the Italian–American physicist and the creator of the world’s first nuclear reactor, was probably not the first person who asked: “but...

There are two global forces positively thriving – despite today’s crises. They are the lethal coronavirus and the world’s billionaires – engaged in a form of ‘co-production’. Why are they thriving? And why do their interests align so happily?The ‘interests’ of a lethal virus are clear. The microbe’s supreme ambition is to spread as fast as possible, infect millions of humans, accelerate the process of transmission and evolve into a global pandemic.Never mind the consequences.How can this...

There are two global forces positively thriving – despite today’s crises. They are the lethal coronavirus and the world’s billionaires – engaged in a form of ‘co-production’. Why are they thriving? And why do their interests align so happily?The ‘interests’ of a lethal virus are clear. The microbe’s supreme ambition is to spread as fast as possible, infect millions of humans, accelerate the process of transmission and evolve into a global pandemic.Never mind the consequences.How can this...

There are two global forces positively thriving – despite today’s crises. They are the lethal coronavirus and the world’s billionaires – engaged in a form of ‘co-production’. Why are they thriving? And why do their interests align so happily? The ‘interests’ of a lethal virus are clear. The microbe’s supreme ambition is to spread as fast as possible, infect millions of humans, accelerate the process of transmission and evolve into a global pandemic. Never mind the consequences. How can this...

The major challenges we face as we look to the coming decade – in particular urgently mitigating climate change, and reducing inequality – require major action. Development Banks, at national, regional or multilateral level, will be key to help finance recovery from the COVID crisis and achieve long-run structural transformation of existing economies to ones that serve people and planet far better. By providing financing and mobilizing private finance, Development Banks (DBs) need to...

The major challenges we face as we look to the coming decade – in particular urgently mitigating climate change, and reducing inequality – require major action. Development Banks, at national, regional or multilateral level, will be key to help finance recovery from the COVID crisis and achieve long-run structural transformation of existing economies to ones that serve people and planet far better.By providing financing and mobilizing private finance, Development Banks (DBs) need to...

The major challenges we face as we look to the coming decade – in particular urgently mitigating climate change, and reducing inequality – require major action. Development Banks, at national, regional or multilateral level, will be key to help finance recovery from the COVID crisis and achieve long-run structural transformation of existing economies to ones that serve people and planet far better.By providing financing and mobilizing private finance, Development Banks (DBs) need to...

The major challenges we face as we look to the coming decade – in particular urgently mitigating climate change, and reducing inequality – require major action. Development Banks, at national, regional or multilateral level, will be key to help finance recovery from the COVID crisis and achieve long-run structural transformation of existing economies to ones that serve people and planet far better. By providing financing and mobilizing private finance, Development Banks (DBs) need to...

The UN’s conference takes place in November 2021and will be led by the British government. It is apparently committed to “uniting the world to tackle climate change”.It needs to achieve far more. To tackle climate change and protect the ecosystem that sustains life on earth, we need to do more than just bring down emissions, and reimagine the economy.  We must transform the current globalised financial system. Why? Because the spigot of (largely) deregulated global credit fuels global...

The UN’s conference takes place in November 2021and will be led by the British government. It is apparently committed to “uniting the world to tackle climate change”.It needs to achieve far more. To tackle climate change and protect the ecosystem that sustains life on earth, we need to do more than just bring down emissions, and reimagine the economy.  We must transform the current globalised financial system. Why? Because the spigot of (largely) deregulated global credit fuels global...