While North America and Europe were hard hit, China has survived the international crisis of 2008, thanks to huge public spending, a low interest rate and consumption subsidies. China’s growth rate reached 9% in 2009 and 10.4% in 2010; in its wake, China dragged Asia...
China
Boris Kagarlitsky: Economic policies after the death of neoliberalism | by Boris Kagarlitsky
The international economic system that took shape after the collapse of the Soviet Union is not dead yet, but it is dying. We see that daily, not only in reports on the crisis but also in other news from around the world that tells the same story: the system isn’t...
The World Is Locking Itself Into An Unsustainable Energy Future | by Marianne de Nazareth
The door to 2°C is closing,but will we be “locked-in” ? The world is locking itself into an unsustainable energy future which would have far-reaching consequences, warns the International Energy Association (IEA) in its latest World Energy Outlook report released in...
Can the Gold Standard Save Capitalism? | by Tom Trottier
Republican presidential candidate Ron Paul, among others, has advocated a return to the gold standard for U.S. currency. He is worried about inflation and the continued devaluation of the U.S. dollar. Capitalist politicians like Paul claim if only the dollar were...
Where Next for a Europe in Crisis? | by Kirsty Hughes
As the leaders of the eurozone struggle to contain Europe’s financial crisis, big question marks are appearing both over whether the euro will actually survive as a single currency and over whether the euro crisis may split the European Union (EU) politically into two...
A looming global recession | by CP Chandrasekhar
All recent economic indicators point almost unambiguously to a new global recession, one which threatens to be more severe and prolonged than the 2007 crisis. While the epicentre of this developing crisis is located in the metropolitan countries, specifically the EU...
Francafrique goes democratique? | by Khadija Sharife
Several years ago, Foreign Policy in Focus (FPIF) published an article called ‘Propping Up Africa’s Dictators’. The article unpacked the basic commonly known building blocks for France’s Françafrique policy, ‘designed to create structural dependence and domination by...
Libya recolonised | by Aijaz Ahmed
FROM Kabul in October 2001 to Tripoli in October 2011, a decade of unremitting planetary warfare has seen countries devastated and capitals occupied over a vast swathe of territory from the Hindu Kush to the northern end of Africa's Mediterranean coast. Within the...
Why is demonstrating in Nice against the G20 the 1st to 3rd November 2011 essential ? | by Eric Toussaint
Q: In the context of global crisis, what is at stake at the G20 meeting under French presidency? The crisis is worsening, especially for the most industrialized countries. The governments of the so called "emerging" countries such as Brazil, China, India and Russia...




