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THIRD WORLD ECONOMICS

Issue No. 643, 16-30 June 2017
Threat of financial crisis looms


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WTO DG pulled up for flouting mandates and rules
Some of the practices adopted by the WTO Director-General in the conduct of WTO talks were called into question on 25 July at the Trade Negotiations Committee, which was meeting again after a space of two years.
by D. Ravi Kanth

South call for credible results, including on PSH and SSM, at MC11
Many developing countries at the 25 July TNC meeting pushed for credible outcomes at the upcoming WTO Ministerial Conference on Doha Development Agenda issues, as differences persisted among the WTO membership over the subjects to prioritize for the Buenos Aires conference.
by D. Ravi Kanth

Chairs of WTO Doha bodies report on key issues at TNC
The TNC also heard reports by the chairpersons of the different areas of negotiations on the state of play of the talks.
by Kanaga Raja

Developing nations and LDCs reject new e-commerce work programme
The drive to negotiate new rules at the WTO on electronic commerce has met with continued opposition from many developing countries, which argue that such talks would not take account of the North-South digital divide.
by D. Ravi Kanth

Opinion: Prepare now for the next financial crisis
When a new global financial crisis strikes, the developing countries will be more damaged than in the last crisis as they have become less resilient and more vulnerable. They thus need to prepare against being overwhelmed.
by Martin Khor

Opinion: Asian financial crisis: lessons learnt and unlearnt
Measures taken by emerging economies in response to the 1997 Asian financial crisis may not only fail to prevent a fresh crisis but also prove a very source of volatility themselves, cautions Yilmaz Akyuz.

Analysis: Unpacking the dangerous illusion of PPPs
Despite growing recourse to this arrangement, public-private partnerships (PPPs) may not be the most equitable or fiscally sustainable means of financing public infrastructure and social services. María José Romero and Mathieu Vervynckt reveal the true, often hidden costs of PPPs.

           


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