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New Economics for a New Administration
Tuesday, July 27, 2010 - 10:45
by Walden Bello*The dominant feature of the Arroyo administration was pervasive corruption, but its most destructive legacy in the long term will probably be its policy failures. The ascent to power of a new president, backed by a new Congress, provides the opportunity for a fundamental shift in policy in order to end poverty and re-launch the Philippines on the road to development.The policy paradigm of the administration was one it inherited from previous administrations. This was a pro-...
Greece : same tragedy, different scripts
Thursday, July 15, 2010 - 14:53
by Walden BelloAthens. Cafes are full in Athens, and droves of tourists still visit the Parthenon and go island-hopping in the fabled Aegean. But beneath the summery surface, there is confusion, anger, and despair as this country is plunged into its worst economic crisis in decades.Greece, tiny Greece, has been presented by the global media as the epicenter of the second stage of the global financial crisis, much like Wall Street was portrayed as ground zero of its first stage. Yet there is an...
Does corruption create poverty?
Wednesday, April 28, 2010 - 08:44
By Walden Bello*
From Common Dreams, April 23, 2010
The issue of corruption is a very resonant one in developing
countries. In the Philippines, for instance, the slogan of the
coalition that is likely to win the 2010 presidential elections is
“Without corrupt officials, there are no poor people.”
Not surprisingly, the international financial institutions have weighed
in. The World Bank has made “good governance” a major thrust of its
work, asserting that the “World Bank Group focus on...
FOCUS ON TRADE Number 150, January 2010
Tuesday, April 27, 2010 - 14:51
In this issue of Focus on Trade, Walden Bello analyses China's role in the Copenhagen climate talks, Shalmali Guttal takes the pulse of the WTO ten years after Seattle, and two participants report on the New Year Gaza Freedom March.
CHINA: PRINCE OF DENMARK
Walden Bello
AILING BUT ALIVE: THE WTO TEN YEARS AFTER SEATTLE
Shalmali Guttal
CALL FOR “SYSTEM CHANGE NOT CLIMATE CHANGE” UNITES GLOBAL MOVEMENT
Statement of Climate Justice Now! on the COP 15
LESSONS OF THE GAZA FREEDOM MARCH
Walden Bello
THE...
Why fighting corruption is not enough
Friday, March 26, 2010 - 15:03
by Akbayan Rep. Walden Bello
From Philippine Daily Inquirer
INQUIRER.net
After nine years of witnessing increasing poverty among the masses and spiraling corruption in high places, it is understandable that Filipinos see a strong correlation between corruption and poverty. And the judgment of many is probably correct that the candidates that are free of the taint of corruption stand the best chance of turning this country around. Moral leadership may not be a sufficient condition for successful leadership...
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