Creating New Values Through Gift Economies

By David Andersson | IDN-InDepth NewsViewpoint

This is the text of a presentation at a workshop – ‘Turning a Crisis into an Opportunity: Humanizing the Economy’ – organised on June 18 by IDN partner Pressenza International Press Agency at the Deutsche Welle Global Media Forum 2013 in Bonn. It is being reproduced by arrangement with Pressenza.

Gift economies could be very potent and effective organizing tools for creating value. We have many examples of gift economies in our world today, such as community gardens or free/open software, where no money is paid for the creation and maintenance of this resource but instead people contribute time and talent and get recognition and respect as well as shared access to the resources.

What is the Edward Snowden Saga All About?

By Alexander Holstein* | IDN-InDepth NewsAnalysis

Contrary to the widespread view, Edward Snowden does not fit the traditional whistleblower profile. He has neither protected anyone’s rights nor guaranteed individual freedom. A former technical contractor for the U.S: National Security Agency (NSA) and Central Intelligence Agency (CIA) employee – his actions could in fact prove more damaging than those of traditional double agents such as Edward Lee Howard, Aldrich Ames and Robert Hanssen. On par perhaps with the most damaging spy of the entire Cold War – Kim Philby, the senior British intelligence officer and KGB mole who defected to the USSR, where he died as a Hero of the Soviet Union.

New Coalition To Face Law Suits on Investment Treaties

By Martin Khor* | IDN-InDepth NewsReport

GENEVA (IDN | SouthNews) – Leaders of several Latin American countries have set up a new coalition to coordinate actions to face the growing number of international legal suits being taken against governments by transnational companies.

A ministerial meeting of 12 countries held in Guayaquil, Ecuador, decided on several joint actions to counter the threat posed by these law suits, which have claimed millions or even billions of dollars from governments.

“No more should small countries face law suits from big companies by themselves,” said Ecuador’s Foreign Minister Ricardo Patino, at a media conference after the meeting which he chaired. “We have now decided to deal with the challenges posed by these transnational companies in a coordinated way.”

Up To 5.3°C Rise in Global Temperatures Likely

By Richard Johnson | IDN-InDepth NewsReport

LONDON (IDN) – The world is not on track to limit the global temperature increase to 2 degrees Celsius, says the World Energy Outlook Special Report, Redrawing the Energy-Climate Map, urging governments to swiftly enact four energy policies that would keep climate goals alive without harming economic growth.

“Climate change has quite frankly slipped to the back burner of policy priorities. But the problem is not going away – quite the opposite,” said the International Energy Agency (IEA) Executive Director Maria van der Hoeven launching the report in London on June 10.

The World’s Poorest Heave A Sigh of Relief

By Jaya Ramachandran | IDN-InDepth NewsAnalysis

BERLIN (IDN) – Forty-nine of the world’s poorest and most vulnerable courtiers spanning across Asia-Pacific, Sub-Saharan Africa and the Caribbean are no longer threatened by a modern-day Damocles’ sword – not until July 1, 2021 at least. The group known as the least-developed countries (LDCs) can in fact request further extension of the waiver on abiding by the Trade-related Aspects of Intellectual Property Rights (TRIPS).

Solar Trade Wars Affect Climate Change Fight

By Martin Khor* | IDN-InDepth NewsAnalysis

GENEVA (IDN) – Amidst the gloomy news in the deteriorating climate change situation, is this bright spark – the cost of solar energy has been going down dramatically. This source of clean and renewable energy is seen as one of the major saviours that could help power the world without emitting greenhouse gases.

The drawback is that solar energy has traditionally been more expensive to use carbon-intensive coal or oil. But in recent years solar power has become much cheaper. Energy experts predict that its cost could match that of conventional fuels in the next few years in some areas.

Another Run At Ending Global Hunger

By Ernest Corea* | IDN-InDepth NewsAnalysis

WASHINGTON DC (IDN) – Yet another high-level panel has designed yet another “roadmap” to universal prosperity and a hunger-free world – by 2030. A new set of goals is likely to replace the current Millennium Development Goals (MDGs). “Once again, the goalposts of development are being moved instead of the goals being met,” says a jaded observer of international affairs.

The panel was created by UN Secretary General Ban-Ki Moon. Its co-chairs were Indonesian President Susilo Bambang Yudhoyono, Liberian President Ellen Johnson Sirleaf and British Prime Minister David Cameron.

Re-thinking South-South Cooperation

By Martin Khor* | IDN-InDepth NewsAnalysis

GENEVA (IDN) – On May 7 the idyllic South Pacific island of Fiji became the venue of some political leaders and thinkers of developing countries to brainstorm about the future of South-South cooperation. The island state is chairs the Group of 77, the alliance of over 130 developing countries that operate in the United Nations and beyond.

The Fiji government decided to host “eminent personalities of the South” to reflect on the state of the developing world and on South-South cooperation. The theme may not be original, but the personalities discussing it were colourful, most of them being Presidents or Prime Ministers, and mainly from the South Pacific island countries.

Mega Business Leads UN Road to Development

By R. Nastranis | IDN-InDepth NewsReport

BERLIN / MONTEVIDEO (IDN) – All that glitters is not gold would appear to be the core of critique the Social Watch, a network of civil society organizations in over 80 countries, has launched against the United Nations High Level Panel’s suggestions of new development goals to replace the MDGs.

In a document titled ‘A New Global Partnership’ the panel claims that, in preparing it, it “heard voices (…) from over 5000 civil society organizations working in about 120 countries” and “also consulted the chief executive officers of 250 companies in 30 countries, with annual revenues exceeding $8 trillion”.

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