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.

  • 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.

  • Developing countries losing out to digital giants

    A new United Nations report warns that the potential benefits to developing countries of digital technologies are likely to be lost to a small number of successful first movers who have established digital monopolies.

  • Trade war due to deeper malaise

    The world economy remains tepid and unstable a decade after the 2008 financial crisis, while growing trade conflicts are symptoms of deeper economic malaise, according to a new United Nations publication.

  • Another global financial crisis for developing countries?

    George Soros, Bill Gates and other pundits have been predicting another financial crisis. In their recent book, Revolution Required: The Ticking Bombs of the G7 Model, Peter Dittus and Herve Hamoun, former senior officials of the Bank of International Settlements, warned of "ticking time bombs" in the global financial system waiting to explode, mainly due to the policies of major developed countries.
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