The World Bank used a tool known as purchasing power parity to make its calculations. An improved methodology suggests China’s pro-market reforms increased rather than shrank extreme poverty.
The UN climate conference brought some progress. A former UN official who has been involved in international climate policy for years explains what has to happen now for that progress to pay off.
Through the Loss and Damage Fund, developed states and major emitters will compensate developing countries experiencing the most devastating effects of climate change. The fund is now operational.
Many people in Gaza are reliant on the United Nations and other international aid groups to meet their basic needs, like food and medical care. A scholar of peace and conflict economics explains why.
This week’s summit for a “New Global Financing Pact” will look to secure some much-needed climate cash for developing countries, while ensuring their debt remains manageable.
Geopolitics is forcing BRICS countries to balance respect for international law, self-determination, sovereignty and peaceful resolution of disputes with their friendly relations with Russia.
Professor of International Business Strategy & Emerging Markets at the University of Sussex Business School, and the Graduate School of Business, University of Cape Town