Adjusting to the structural shifts in the world economy makes far-reaching changes in development strategies necessary. Against the background of a prolonged period of slow growth in developed countries, export-led development in the South is no longer viable, UNCTAD states in its new Trade & Development Report (TDR 2013). The developing world needs more balanced strategies with a greater emphasis on the domestic markets. A WDEV summary
According to the report, subtitled “Adjusting to the changing dynamics of the world economy” (see reference), developing and transition economies can compensate for growth shortfalls in the North through countercyclical macroeconomic policies for some time. But in the longer term, policy makers will need to reconsider development strategies that have been overly dependent on exports. Instead, the report says, development strategies should place a greater emphasis on the role of wages and the public sector in the development process...
Weakening of workers' rights in most regions is being aggravated by severe crackdowns on freedom of speech and assembly, according to the 2016 Global Rights Index. Restrictions on freedom of speech and assembly, including severe crackdowns in some countries, increased by 22%, with 50 out of 141 countries surveyed recording restrictions.
The year 2015 was marked on the one hand by the inability of the European Union (EU) to emerge from the crisis, and on the other by a dramatic rise in the number of people taking flight from their homes and from their homelands, because of wars and terrorist attacks, in many cases caused by the destructive policies of the EU and of its member states.
The world economy stumbled in 2015 and only a modest improvement is projected for 2016/17 as a number of cyclical and structural headwinds persist, says the United Nations World Economic Situation and Prospects (WESP) 2016 report. Global growth is estimated at a mere 2.4% in 2015.
Within a few weeks leftwing governments in Latin America have experienced a breath-taking decline. The Latin American (centre-) left forces suffered several strategic defeats. They occurred in the biggest Latin American economies. First in Argentina, than in Venezuela, and also in Brazil the days of an uncontested majority of left forces are definitely over now.
14 years after their previous strategy on gender mainstreaming, the WBG has decided to develop a new Gender Equality (GE) Strategy. This briefing document presents WIDE+ critical reflections and key recommendations to enhance the new World Bank Group's (WBG) strategy on Gender Equality.