ilona kickbusch’s thought provoking editorial is criticized in this commentary, partly because she fails to refer to previous critical work on the global conditions and policies that sustain inequality, poverty, poor health and damage to the biosphere and, as a result, she misreads global power and elides consideration of the fundamental historical structures of political and material power tha...

Key messages • The adoption of the Millennium Development Goals (MDGs) at the turn of the century represented the successful inauguration of an effort to expand the focus beyond economic growth so as to encompass human development. As a result of rapid economic expansion and improved social policies in many developing countries, the MDG target of halving extreme poverty by 2015 globally had bee...

the community of latin american and caribbean states, celac, is among the biggest latin american :union:s in the region.  this :union:, which includes the american countries except for the united states and canada, has been created to create the vast grounds of political and economical cooperation in the region.  celac has been considered by political analysts as an influential factor in politi...

during many years after second world war, keynos and welfare economy dominated europe and many other countries. transpiring the depression in 1970's and welfare government failure, market economy was observed by west politicians and voters. hayek was one of the few intellectuals who theoretically and practically opposed the welfare and keynes government by raising the economical spontaneou...

A. Introduction Over the last few years, emerging markets and developing economies have enjoyed a remarkably benign global environment. Their economies have been supported by low interest rates in the United States, low risk premiums, strong growth in major export markets, and high prices for commodity exports. This supportive global environment, however, is unlikely to last. Although many coun...

“occupy wall street” movement which has aimed the heart of the global financial capitalist system enjoys a special significance in the perspective of social-economic- political, human rights (work force), moral and cultural heritage of nations and can be considered as a symbol of work force economic jihad in national and global level in order to realize justice and socio-economic equality. but ...

This paper is concerned with the estimation of New Keynesian Phillips Curves (NKPC) and focusses on two issues: the weak instrument problem and the characterisation of the steady states. It proposes some solutions from a global perspective. Using a global vector autoregressive model (GVAR) steady states are estimated as long-horizon expectations and valid instruments are constructed from the gl...