Finance

The author describes incentives used by governments to attract foreign investment and create export processing zones (EPZs), also known as special economic or free trade zones. The low cost of labour, mostly provided by women, is one of these incentives. Making special reference to Jamaica, Belize, and Barbados, the author discusses the impact of EPZs […]

There has been growing concern in Bangladesh that access to higher education is restricted to high-income families. Here, the author reports on the early findings of research into the socio-economic backgrounds of students at Bangladesh’s major universities. These findings indicate that the average student is from an affluent, probably land-owning, family. The results are worrying […]

The author, the former president of Tanzania, answers this question resoundingly in the negative, arguing that while universal social principles may be possible, the inequity of wealth alone between countries means that social standards cannot currently be universally applied and adhered to. He goes on to argue that the equality of sovereign nations should be […]

The authors explore the deleterious effects of economic globalisation on people in the USA, and explain the rise of poor people’s organisations as a response to these conditions. They look at the impact of economic changes in terms of public policy and argue that the global economy is preventing a growing number of people from […]

In this personal Viewpoint, the author argues that globalisation has led to increased inequity in health and healthcare provision, just as it aggravates social inequity in general. He highlights the growing sacrifice of equity to efficiency, and the complicity of `elite’ countries and companies in the deterioration of social conditions. Medical knowledge is being traded […]

The author argues, using the example of microfinance institutions, that it is essential to build genuinely solid and alternative institutions if development is to take its direction from the poor and vulnerable. He sets out his view of the characteristics such institutions would have, and the vulnerabilities currently seen in microfinance institutions.

This paper looks at the nature and extent of privatisation around the world, including an analysis of the bodies or interests which promote this ‘panacea’ policy. It identifies a number of responses which public sector trade unions have made to such policies, especially where these have been ideologically driven. It offers some examples of ways […]