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Free trade agreements between the West (U.S. and EU) and Middle East and North African (MENA) countries, while containing beneficial elements, have strengthened negative perceptions of “western-led globalization” because they benefit unpopular elites and impose serious short term economic adjustment.
Arab governments tempered public anger at rising food prices by increasing wages and subsidies, but their approach is not sustainable without raising taxes. Instead they should revise agricultural policies, expand social safety nets, and curb excessive energy consumption, argues Carnegie Middle East Center economist Ibrahim Saif.
The authors of a new policy report discussed the impact of foriegn investment on sustainable development in Latin America.
U.S. Treasury Secretary Henry M. Paulson, Jr. reviewed progress made under the U.S.–China Strategic Economic Dialogue.
On the eve of the international donors’ conference for Afghanistan, Carnegie Europe convened a day of discussions in Paris between Afghan leaders, top NATO representatives and other international experts, on the priorities for Afghanistan over the next five years and how the roles of NATO and the EU should evolve.
Pakistan has experienced uneven performance in achieving human development goals. These poor results are due to a lack of investment: the country spends only about 2.5% of GDP on health and education, whereas most countries that have grown on a sustained basis have spent at least 7%.
The Beijing Olympic Games will reveal the two sides of China: the enormous economic progress the country has made over the last 30 years but also the ‘alarming’ levels of uneven development and the devastating environmental consequences of its progress.
Low minimum wages may be partially to blame for the growth of inequality in Mexico throughout the late 1980s and early 1990s. Minimum wages play an important role in wage-setting for low-income workers, including those in the informal sector. Government policies aiming to mitigate minimum wage’s negative impacts on employment may have pernicious consequences for income inequality.
In Arab countries such as Morocco, Egypt and Jordan, a burgeoning social crisis caused by out-of-control global inflationary pressures, a crippled welfare system and high levels of poverty and unemployment is complicated by a broader political deterioration. The simultaneous trajectories of social unrest and deteriorating politics call into question the prospects of stability in those countries.
When Vladimir Putin became acting president in January 2000, he appointed his trusted colleagues as presidential envoys, including many from the Federal Security Service. After his inauguration in May of that year, Putin announced federal reforms that included the appointments of presidential envoys consisting largely of military officials. Now there have been a few, insignificant changes among the president's "eyes and ears" in the federal districts. The presidential envoys, who hold equal status with the deputy prime ministers, are a continuation of Putin's policy of "divide and conquer" -- this time applied to the regions.
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