Middle-Income Country Trap? — Global Issues

New Cold War Weapon Backfires — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram, Ong Kar Jin (kuala lumpur, malaysia) Wednesday, November 15, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Nov 15 (IPS) – US President Joe Biden’s Indo-Pacific Framework for Prosperity (IPEF) is the economic arm of his administration’s Indo-Pacific Strategy, aimed at countering China’s influence in the region….

Middle-Income Country Trap? — Global Issues

PPPs Fiscal Hoax Is a Blank Financial Silver Bullet — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, November 08, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Nov 08 (IPS) – Public-private partnerships (PPPs) for infrastructure and service provision are both costly and risky. Worse, PPPs typically fail to ensure universal, let alone fair access to public amenities. Public-private partnerships?…

Middle-Income Country Trap? — Global Issues

Even Rich Nations Now Worried About ISDS — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, November 01, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Nov 01 (IPS) – Governments the world over are worried about investor-state dispute settlement (ISDS) rules. These allow foreign investors to sue them for billions over new laws or policies reducing their profits….

Middle-Income Country Trap? — Global Issues

Action Delayed, Justice Denied by Voluntary ESG Approach — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram, Siti Sarah Abdul Razak (kuala lumpur, malaysia) Wednesday, October 25, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Oct 25 (IPS) – Policy approaches relying solely on voluntary actions to address urgent needs are unlikely to succeed. Depending on optional compliance to address global warming will not…

Middle-Income Country Trap? — Global Issues

Insider Expos頯f ESG Greenwashing — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, October 18, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Oct 18 (IPS) – A senior manager of the world’s largest investment firm has ‘blown the whistle’ on ESG (environment, social and governance) ‘greenwashing’, especially on supposed climate finance. Wall Street whistle-blowerTariq Fancy…

Middle-Income Country Trap? — Global Issues

Beware Climate Finance Charade — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, October 11, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Oct 11 (IPS) – Finance has increased, not reduced, greenhouse gas (GHG) emissions. Meanwhile, funding for mitigation, and especially adaptation, is grossly inadequate, with little for climate losses and damages. Global warming accelerating…

Middle-Income Country Trap? — Global Issues

Dont Count on PPP Solutions — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, September 27, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Sep 27 (IPS) – In recent years, public-private partnerships (PPPs) have spread rapidly. While usually profitable for the private partners, PPPs have generally not served the longer-term public interest. PPPs as miracle all-purpose…

Middle-Income Country Trap? — Global Issues

Dangerous Scramble for Renewable Energy Resources — Global Issues

ByNews Polite

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, September 20, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Sep 20 (IPS) – The growing and changing material requirements for new technologies have triggered natural resource scrambles for strategic minerals, generating dangerous rivalries fought out in the global South. Scrambles for resources…