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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.
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Intellectual property raises costs of living
Many medicines and medical tests are unaffordable to most of humanity owing to the ability of typically transnational pharmaceutical giants to abuse their monopoly powers, enforced by intellectual property laws, to set prices to maximise profits over the long term. -
Inequality and its many discontents
Much recent unrest, such as the “yellow-vest” protests in France and the US “Abolish the Super-Rich” campaign, is not against inequality per se, but reflects perceptions of changing inequalities. Most citizens resent inequalities when it is not only unacceptably high, but also rising. -
Trade liberalisation for development?
The International Monetary Fund (IMF), the World Bank and the World Trade Organisation (WTO), all dominated by rich countries, have long promoted trade liberalisation as a “win-win” solution for “all people—rich and poor—and all countries—developed and developing countries”, arguing that “the gains are large enough to enable compensation to be provided to the losers”. -
Finance Global Green New Deal for Sustainable Development
the United Nations (UN) Sustainable Development Goals (SDGs) can only be achieved by 2030 with the political will to change international economic rules and mobilise resources needed for a massive public sector-led investment push to reinvigorate world -
Privatisation increases corruption
International financial institutions (IFIs) have typically imposed wide-ranging policy reforms—called “conditionalities”—in exchange for country governments to secure access to financial assistance.