By Roberto Savio* | IDN-InDepth NewsViewpoint
ROME (IDN | Other News) – Youth At the last summit of European heads of state in Brussels, the main theme was youth unemployment, which has now reached 23% of European youth (although it stands at 41% in Spain). Last year, the International Labour Organization issued a dramatic report on ‘Global Employment Trends for Youth 2012’ in which it spoke of a “lost generation”.
By Martin Khor* | IDN-InDepth NewsAnalysis
The successful East Asian model of “state-driven capitalism” is being threatened by proposals in the Trans Pacific Partnership Agreement (TPPA) to remove possible advantages of state-owned enterprises.
GENEVA (IDN) – Many articles and books have been published on the contrast and competition between the present Western and the Asian-style economic models.
By Shastri Ramachandran* | IDN-InDepth NewsAnalysis
NEW DELHI (IDN) – The 16th round of talks between the Special Representatives (SRs) of India and China on the boundary issue, which was held in Beijing on June 28 and 29, was not just another round of jaw-jaw towards resolving the border dispute. The meeting had acquired greater significance because it is the first after the April 15 incursion by Chinese troops in Depsang in eastern Ladakh, and was held less than a week before defence minister AK Antony’s visit to China.
In the view of some observers, the Chinese incursion had strained bilateral relations to a level unprecedented since the 1962 conflict. So much so that there were calls for cancellation of not only external affairs minister Salman Khurshid’s visit to China in May but also Chinese premier Li Keqiang’s visit to Delhi the same month. However, with China making amends and India not pushing for a confrontation, both visits went as scheduled although Premier Li’s visit – his first foreign stop since assuming office in the decadal power shift – did not evoke the expected enthusiasm.
By Qureish Raghib* | IDN-InDepth NewsFeature
MUMBAI (IDN) – From being an irrigation tract in its early days to being developed by the British to resettle communities – affected by the Great Mumbai Fire that broke in 1803 at the Fort area – and then eventually mushroom into a bustling business district, Bhendi Bazaar in India’s South Mumbai, has come a long way in terms of socio-economic evolution.
The market area derives its name from a plantation of thespesia populnia or bhendi in the north-west of Dongri as mentioned in the Maharashtra State Gazette. Surprisingly, even with its 200-year-history of characteristic entrepreneurial resilience, Bhendi Bazaar gradually sunk in an abyss of civic neglect and infrastructural despair leading it to be seriously challenged in a liberal Indian economy.
By Richard Johnson | IDN-InDepth NewsAnalysis
BRUSSELS (IDN) – A tentative peace agreement in Burma’s Kachin conflict – one of the longest-running ethnic insurgencies in the country and in fact in the world – signifies a major opportunity to secure lasting peace in what is officially known as Myanmar as a whole. Yet, there will be significant challenges in doing so, says an eminent think-tank.
The peace accord was signed on May 30, 2013 by the Kachin Independence Organisation (KIO) with the Myanmar government – the last of the eleven major ethnic armed groups to do so since 2011.
By Eric Walberg* | IDN-InDepth NewsAnalysis
TORONTO (IDN) – The builders of Gaza’s Ark hope to bring Gazan goods to the world. The latest plan to try to break the illegal siege of Gaza, according to organizer Michael Coleman at June 9 press conference in the port of Gaza, is to refurbish their very second-hand fishing boat, fill it with Gazan products (date products, embroidery, craft items and more) and sail to another Mediterranean port, like any normal exporter.
By Ian Shapiro* | IDN-InDepth NewsAnalysis
CAPE TOWN (IDN | Yale Global) – Is Africa rising? Judging by the buzz and optimism of the young business leaders and political trailblazers from across the continent who gathered for the World Economic Forum on Africa May 8-10, the answer is a qualified “yes.” The African Leadership Network – co-founded by Stanford graduates Fred Swaniker, now the CEO of the African Leadership Academy, and Achankeng Leke, director of McKinsey’s Nigerian operations – is emblematic of a new generation of leaders who brim with sophisticated confidence about Africa’s emergence. They are part of the coming elite whose ideas shaped the discussion in Cape Town.
By Sushetha Gopallawa* | IDN-InDepth NewsReport
WASHINGTON DC (IDN) – While in Myanmar’s Kachin State in May, I visited a number of displacement camps around and I also met with Kachin community-based organizations (CBOs) who deliver aid in both government and non-government controlled areas.
Over 100,000 people have been displaced since conflict between the Myanmar military and the Kachin Independence Army (KIA) resumed in June 2011. While about 35,000 of these individuals are living in government-controlled areas, more than half of the displaced are located behind rebel lines, in areas controlled by the Kachin Independence Organisation (KIO), the KIA’s political wing.
By Fahad Nazer* | IDN-InDepth NewsAnalysis
WASHINGTON (IDN | Yale Global) – Thanks to the bountiful oil under its desert sands and an equally plentiful supply of foreign labour – skilled and non-skilled – Saudi Arabia has enjoyed a booming economy. Prices of crude oil, nearly $100 a barrel for two years running, have largely spared Saudi Arabia the ill effects of the economic downturn that stalled many nations across the globe.
Thanks to the prosperity, the kingdom has also survived, relatively unscathed, the seismic events of the Arab Spring, spurred in large part by feelings of economic deprivation and political marginalization among Arab youths.
By Jaya Ramachandran | IDN-InDepth NewsAnalysis
PARIS (IDN) – A new poll finds that Europeans are growing dissatisfied with the inequities of the economic system, which are also rooted in the “still rising unemployment” that, as the OECD’s Chief Economist Pier Carlo Padoan avers, present “the most pressing challenge for policy makers” in the euro area.
The euro area consists of 17 members of the 27-nation European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
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