News headlines for “Global Financial Crisis”, page 3

  1. Meritocracy Legitimizes, Deepens Inequality

    KUALA LUMPUR, Malaysia, Jun 18 (IPS) - How often have you heard someone lamenting or even condemning inequality in society, concluding with an appeal to meritocracy? We like to think that if only the deserving, the smart ones, those we deem competent or capable, often meaning the ones who are more like us, were in charge, things would be better, or just fine.

  2. Why Rwanda is a Great Green Growth Investment

    MBABANE, Jun 17 (IPS) - In its effort to accelerate Rwanda's green growth development initiative, its local businesses encouraged their Italian counterparts to invest in the East Africa region.

  3. Women Leadership Is Key to Successful Post-COVID-19 Era, Says Cherie Blair

    London, Cox’s Bazaar, Johannesburg, Jun 17 (IPS) - The impact of COVID-19 lockdowns falls heavily on the shoulders of women even in the global north. Women take the brunt of housework and caretaking duties, homes schooling, working from home and perhaps looking after elderly parents, says Cherie Blair.

  4. Reviving the Economy, Creating the ‘new Normal’

    SYDNEY and KUALA LUMPUR, Jun 16 (IPS) - The Covid-19 pandemic has significantly impacted most economies in the world. Its full impacts will not be felt, let alone measured, until it runs its course. Many countries are still struggling to contain contagion, while the costs on both lives and livelihoods will undoubtedly have long-term repercussions.

  5. Impact of COVID-19 on Women in South Asia

    CANBERRA, Australia, Jun 12 (IPS) - Prior to the onset of the coronavirus crisis South Asian women participated only sparingly in the labor market. Even though South Asia was and still has the potential to become one of the fastest growing regions in the world (post COVID19) female labor force participation rates were low at 23.6% compared to 80% for men (World Bank figures).

  6. Q&A: Global Poverty Expected to Move to Middle Income Developing Nations in Asia

    UNITED NATIONS, Jun 12 (IPS) - Global poverty, which is increasing because of the economic impact of the coronavirus crisis and ensuing worldwide lockdowns, is shifting and a dramatic increase in middle-income developing countries in Asia is expected.

  7. The Global Economic Reset—Promoting a More Inclusive Recovery

    WASHINGTON, Jun 12 (IPS) - The COVID-19 crisis is inflicting the most pain on those who are already most vulnerable. This calamity could lead to a significant rise in income inequality. And it could jeopardize development gains, from educational attainment to poverty reduction. New estimates suggest that up to 100 million people worldwide could be pushed into extreme poverty, erasing all gains made in poverty reduction in the past three years.

  8. We Should Not Aim to Return to Normal

    BANGKOK, Thailand, Jun 12 (IPS) - The world before COVID-19 looks very attractive right now. In light of the disease, mass unemployment and social distancing, a return to pre-pandemic normality seems appealing. Yet we should remember what normal was.

  9. Strengthening Economic Institutions for a Resilient Recovery

    Washington DC, Jun 11 (IPS) - Exceptional times call for exceptional action. In response to COVID-19, the IMF has moved with unprecedented speed and magnitude of financial assistance to help countries protect lives and livelihoods. Economic stabilization and a sustainable recovery, however, will require more than financial assistance. For recovery to be sustainable, policymakers will need to strengthen economic institutions that enable resilient, inclusive policies.

  10. Why Rwanda is a Great Green Growth Investment

    MBABANE, Jun 11 (IPS) - In its effort to accelerate Rwanda's green growth development initiative, its local businesses encouraged their Italian counterparts to invest in the East African country.

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