Articles
25 November: International Day for the Elimination of Violence against Woimen
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Each year on November 25, the International Day for the Elimination of Violence against Women is commemorated. A commemoration in essence is an opportunity to reflect on the challenges, prove that progress can be made and celebrate victories. It is also a reminder of the obligations and the responsibility we all must own at both the private and the public level to ensure that every woman, every girl, in all corners of the world lives in a world free of violence and fear. They must be enabled to enjoy their most fundamental right to physical integrity and security.
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GFI Database helps Countries Boost Domestic Resource Mobilization
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GFI is pleased to announce the launch of GFTrade, a proprietary trade risk assessment application that enables customs officials to determine if goods are priced outside typical ranges for comparable products.
A cloud-based system developed over the past year, GFTrade provides officials with real-time price analyses for goods in the port using price ranges for the same product based on global trade information.
This information can help to determine if further investigation into potential misinvoicing is warranted, and it has the potential to substantially increase domestic revenue mobilization.
When borders close ...
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The age of globalization generated great prosperity. As the flow of goods, money and people across borders surged, millions benefited. But the elite gained the most. And as inequality rose, it stirred pockets of fierce resentment among those left behind. When the great shock came, the discontented turned to nationalist firebrands, who promised to impose controls on free trade, global banks and immigrants. Globalization stalled. A new age of deglobalization hit full stride.
That great shock came in 1914, with the outbreak of World War I, and it ended an extraordinary four-decade period of rising migration and trade. But that era provides clear parallels to the globalization boom that gained momentum in the 1980s and stalled during the financial crisis of 2008. Today globalization is once again in retreat. Populists are on the march, as evidenced by Donald J. Trump’s stunning victory last week. They have already won control of the government in Britain and gained momentum in Italy, France and Germany.
It is not clear how Mr. Trump, who has called for protectionist measures and tighter borders, will govern. But it is clear that the open world order is breaking apart. The new age of deglobalization is on, and it is likely to last.
South South Cooperation in Climate Change and SDGs
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For the South Centre, South-South cooperation (SSC) has long been a reality for the South. It is reflected in the long history of political, economic, social, and development cooperation that many developing countries have been undertaking with each other.
South-South cooperation is shaped by the ideals of developing countries working together in a spirit of equality and mutual respect for each other’s sovereignty and independence in order to promote their mutual development in the context of their different national circumstances. These were first articulated in the 1955 African-Asian Conference in Bandung that led to the creation of the Non-Aligned Movement and the 1964 Charter of Algiers creating the Group of 77. Since then, these key ideals of mutual cooperation and assistance and respect for national sovereignty have also been reflected in the various regional integration instruments created by developing countries in Africa, Asia, the Pacific, and Latin America and the Caribbean; and continually reiterated in the various multilateral summits and ministerial declarations issued by the NAM and the Group of 77. These are the ideals that the South Centre was established to promote, and assist developing countries in promoting, when our Centre was established in 1994 after the South Commission.
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We must rethink globalisation or Trumpism will prevail
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Rising inequality is largely to blame for this electoral upset. Continuing with business as usual is not an option
Let it be said at once: Trump’s victory is primarily due to the explosion in economic and geographic inequality in the United States over several decades and the inability of successive governments to deal with this.
Both the Clinton and the Obama administrations frequently went along with the market liberalization launched under Reagan and both Bush presidencies. At times they even outdid them: the financial and commercial deregulation carried out under Clinton is an example. What sealed the deal, though, was the suspicion that the Democrats were too close to Wall Street – and the inability of the Democratic media elite to learn the lessons from the Sanders vote.
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