The Keynesian, Schumpterian & Behavioralist Schools of Economics like the Marxian, Austrian & Institutionalist Schools and the Development Tradition are all alternative approaches to economics that...
Category - News
Economics has become so impenetrable to non-specialists that it has become difficult for ordinary citizens to have a debate about economic issues, when economic policies are crucial in running our societies...
The countries of South America need their alternative to the World Bank to step forward; if not, they will be back in crisis, explains historian and sovereign debt expert Eric Toussaint December 11, 2014...
“My friends, development is basically a political issue. The point of departure, the key question, is who is in charge of a society – the elite or the majorities? Capital or human beings? The market or society...
Ecuadorian President Rafael Correa’s 2014 Prebisch Lecture ‘Ecuador: Development as a Political Process’ received a standing ovation. UNCTAD Chief Economist, Richard Kozul-Wright says he...
The new phenomenon is that world production is taking place increasingly not by one multinational company in a sector but by a lead firm or a few lead firms and thousands of subcontracted companies producing...
Very few firms from developing countries are really part of the leadership of these global value chains and dominate the world economy in the way that the lead firms in the North, in the U.S. in particular...
Developed and developing countries need to move away from the global value chains approach to trade to a more sustainable, very different view of production and job creation says South Africa’s Trade Minister...
This crisis is as serious to human life as the climate change crisis that we are all trying to address and fighting against says Martin Khor, executive director of South Centre, in discussing the issue of anti...
Thomas Piketty says for him transparency in wealth is really the key objective. This is because it’s very difficult to have a serious rational democratic debate with so little hard information on wealth...