Jomo Kwame Sundaram | The Daily Star

  • Jomo Kwame Sundaram

    Jomo Kwame Sundaram, a former economics professor and United Nations Assistant Secretary-General for Economic Development, received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought in 2007.

  • Neoliberal reforms strengthening monopoly power and abuses

    Over the last four decades, growing concentration of market power in the hands of oligopolies, if not monopolies, has been greatly enabled by ostensibly neoliberal reforms, worsening wealth concentration and gross inequalities in the world.

  • Has privatisation benefitted the public?

    In most cases of privatisation, some outcomes benefit some, which serves to legitimise the change. Nevertheless, overall net welfare improvements are the exception, not the rule.

  • Agribusiness is the problem, not the solution

    For two centuries, all too many discussions about hunger and resource scarcity have been haunted by the ghost of the parson Thomas Robert Malthus. Malthus warned that rising populations would exhaust resources, especially those needed for food production. Exponential population growth would outstrip food output.

  • Rethinking free trade agreements in uncertain times

    After US President Donald Trump withdrew from Obama's Trans-Pacific Partnership (TPP), involving 12 countries on the Pacific rim, on his first day in office, Japan, Australia and their closest allies proposed and promoted the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) to draw the US back into the region to counter China's fast-growing power and influence.

  • Inequality undermines democracy

    Economic inequality—involving both income and wealth concentration—has risen in nearly all world regions since the 1980s.
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