Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, November 22, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Nov 22 (IPS) – In recent decades, failure to sustain economic progress has been blamed on a supposed middle-income country (MIC) trap. Such blaming obscures as much as it supposedly explains. The ‘middle-income…
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….
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?…
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….
A farmer tends to his tomatoes. Because of the risks in the agricultural sector, including climate change, many farmers were not able to get finance. Now several non-profits have come into the market to assist. Credit: Geoffrey Kamadi/IPS by Geoffrey Kamadi (nairobi) Monday, October 30, 2023 Inter Press Service NAIROBI, Oct…
On residential streets of Caracas with little traffic it is possible to see cars that have been abandoned by their owners for years. They probably migrated from Venezuela or cannot afford to repair and sell their vehicles. CREDIT: Humberto Márquez / IPS by Humberto Marquez (caracas) Monday, October 23, 2023 Inter…
Tabeth Gowere (76) makes extra cash from weaving plastic waste. A group of seniors started weaving plastic out of a need to improve the environment and make some extra cash. Credit: Jeffrey Moyo/IPS by Jeffrey Moyo (harare) Friday, October 20, 2023 Inter Press Service HARARE, Oct 20 (IPS) – They do…
Transport barges navigate one of the branches of the Paraná River in Argentina’s Santa Fe province. The Paraná, the second longest river in South America, has been turned into a major waterway through which a large part of Paraguay’s and Argentina’s agricultural exports are shipped out of the region. CREDIT:…
The state-owned Petróleos Mexicanos (Pemex) oil company is completing its seventh refinery on a 600-hectare site at Dos Bocas in the municipality of Paraíso, in the southeastern state of Tabasco. The plant will process some 290,000 barrels of fuels per day when it reaches full capacity. CREDIT: Erik Contreras-Gerardo Morales…
Jamaat-i-Islami party stage protest in Peshawar against price-hikes. Credit: Ashfaq Yusufzai/IPS by Ashfaq Yusufzai (peshawar, pakistan) Tuesday, September 26, 2023 Inter Press Service PESHAWAR, PAKISTAN, Sep 26 (IPS) – “We are under extreme stress about skyrocketing prices of essential edible commodities and the cost of gas and electricity. The situation is…
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