Bad News for the World Economy

By Santo Das Gupta
IDN-InDepth NewsReport

PARIS (IDN) – The prospects for the world economy look rather gloomy in the coming two years, says a respectable international economic organisation of 34 countries. The situation can, however, be redeemed if leading industrial and emerging countries take “bold decisions” to get the global economy back on track, it adds.

Bad News for the World Economy

By Santo Das Gupta
IDN-InDepth NewsReport

PARIS (IDN) – The prospects for the world economy look rather gloomy in the coming two years, says a respectable international economic organisation of 34 countries. The situation can, however, be redeemed if leading industrial and emerging countries take “bold decisions” to get the global economy back on track, it adds.

Free the World from the Nuclear Chain

By Xanthe Hall*
IDN-InDepth NewsViewpoint

Nuclear Power and the Bomb are inextricably linked through an atomic chain. The nuclear era began in Germany, so we have a specific responsibility to end it sooner rather than later.

BERLIN (IDN) – We talk about abandoning nuclear energy or abolishing nuclear weapons. But this is not enough. They are only the visible products of a whole chain of production that binds us – the nuclear chain. This chain does much more damage than we are aware of.

Is Time Ripe to Abandon the IMF?

By Raúl de Sagastizabal
IDN-InDepth NewsEssay

Hedging behaviour, a high degree of groupthink, intellectual capture, a general mind-set that excludes contrary views, fiefdom battles, inadequate analytical approaches, and lack of accountability should make governments ask themselves whether the time has not come to withdraw their support for the IMF.

Is Time Ripe to Abandon the IMF?

By Raúl de Sagastizabal
IDN-InDepth NewsEssay

Hedging behaviour, a high degree of groupthink, intellectual capture, a general mind-set that excludes contrary views, fiefdom battles, inadequate analytical approaches, and lack of accountability should make governments ask themselves whether the time has not come to withdraw their support for the IMF.

Africa Poised for Democracy Upturn

By Sven Richter*
IDN-InDepth NewsAnalysis

African demographics are at the start of a long-term trend that will most likely trigger high gross domestic product (GDP) growth in the region for the next decade or two. A by-product of this is likely to be more democracy. Studies show that as GDP increases, the likelihood of democracies becoming autocracies fades and the likelihood of autocracies becoming democracies increases. This holds true for all nations, bar those with a very high GDP per capita where the wealth is derived from a single resource such as oil. 

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