... assessing the business and investment climate,” the World Bank
informed
.
The Bretton Woods Institutions’ Original Sin and BRICS
While colonialism seems to be the thing of the past, the sad reality is that inequality between the Global North and the Global South persists. This is happening due to power imbalances inscribed in the world economy and maintained by the developed countries, which claim to have the right and responsibility to set the rules of international trade and finance for the rest ...
... years and the number of new projects launched in Africa with foreign participation has dropped by nearly two-thirds amid the pandemic.
If you don’t come to Africa, Africa will come to you.
The global North will be unable to fence itself off from the global South, and the rapidly growing but poorly developing Africa will inevitably make its presence felt through multiplying regional conflicts and rising international terrorism, an exacerbated situation on the global food market and an increasing contribution ...
Despite calls from the United Nations, the Global North does not deem it necessary to change its sanctions policies
March 2021 marks a year since the World Health Organization announced that the spread of the novel coronavirus COVID-19 had turned into a pandemic. Despite the highly negative socioeconomic consequences it had for the international community, the U.S.-led countries of the North did not alter their course to prevent the UN General Assembly from adopting resolutions (14 in total) aimed...
... international conflicts, and civil wars.
The coronavirus pandemic introduces new dimensions to the issue of inequality: rich patients have higher chances of receiving quality COVID-19 treatment, and the Global North is better prepared for the pandemic than the Global South. The long-term economic and social consequences of this upheaval will also differ for individual social, professional, ethnic, and other groups.
What are the roots of inequality in the world? For Antonio Guterres, the answer is very clear: ...
