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Recession and Resistance
September - October 2011

EDM September-October 2011 focuses on the ongoing global economic crisis and people's responses to it.

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Cover Story

The Permanent Crisis
By C.P. Chandrasekhar

For a world locked in a crisis, August 2011 was a particularly bad month. Economic indicators relating to different locations in its more developed regions suggested that close to four ...

The crisis in the eurozone
By James K. Galbraith, salon.com

The eurozone crisis is a bank crisis posing as a series of national debt crises and complicated by  reactionary economic ideas, a defective financial architecture and a toxic political environment, ...

From crisis to crisis: the Philippines amid the global turmoil
By Sonny Africa

After declaring late last year that recovery was under way, the International Monetary Fund (IMF) now says that the world has entered a 'dangerous new phase'. The inability of the ...

We are all Greeks
By Vanessa Baird, New Internationalist

Popular movements across Europe are stepping up and internationalizing their actions to create a united front against austerity.

Globalizing Occupy Wall Street: From Chile to Israel, Protests Erupt
By Lois Beckett, ProPublica

At first glance, the synchronized protests that took place in more than 900 cities around the globe on Oct. 15 seemed to indicate that Occupy Wall Street had achieved a ...


News

BetterAid tackles green growth, climate finance in Civicus workshops
By IBON International

BetterAid co-chair and IBON International Director Antonio Tujan Jr. led a delegation at the 2011 annual assembly of Civicus, an international alliance of civil society organizations, held in Montreal, Canada ...

Food sov, aid effectiveness activities in full swing in Nepal, India, Uganda
By IBON International

The trainings and consultations form part of the network’s activities but this time with the use of a structured module that has been a product of a number of years’ ...

IBON at second Asia-Pacific climate finance and development effectiveness dialogue
By Levi Francisco

In the lead-up to the 4th High Level Forum on Aid Effectiveness (HLF-4) in Busan and the Durban climate change summit, ministries, civil society organizations (CSOs) and development partners gathered ...

New report shows aid can still matter for those who need it most
By Reality of Aid

Aid could make a real difference for people who need it most if promises are made and kept by development actors, reveals a new report from the Reality of Aid ...


Feature

Reclaiming the Right to Development and Sustainability
By Paul Quintos

This year marks the 25th anniversary of the United Nations Declaration on the Right to Development. Adopted by General Assembly resolution 41/128 of 4 December 1986, this Declaration defines such ...

Endless War, Lies and Terror: The Decade Since 9/11
By Mark Weisbrot

"We support your war of terror,” proclaims Borat to a cheering crowd of Americans in a stadium in the popular Sacha Baron Cohen film.  The crowd apparently thinks he got ...

PA goes to UN without Palestinian consensus behind it
By Rami Almeghari, The Electronic Intifada

 “We have been living under occupation for more than six decades now and we believe it is time for the international community to help us realize our dream of a ...

Impact of the global crisis on migrants and remittance flows
By Mireya Estrada Torres

Since 2008, the world has been affected by what is considered as the worst global recession since the 1930s. The international financial crisis has had a substantial impact on international ...


Movie Review

Debtocracy: the samizdat of Greek debt
By Aditya Chakrabortty, guardian.co.uk

One might not expect a butcher in rural Greece to recognise Costas Lapavitsas. He is, after all, an economist, a professor at the School of Oriental and African Studies in ...


Facts & Figures

Bailouts and Austerity in Europe