Recovery with a Human Face
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Recovery with a Human Face

A discussion on alternatives for a socially-responsive crisis recovery
 

May 21st, 2014

5/21/2014

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Dear colleagues,

This issue of South Bulletin focuses on the deepening economic problems in emerging economies. There is a concern that emerging economies may be the ones facing the next financial and economic crisis. The South Centre’s chief economist, Yilmaz Akyuz, in his article, proposes urgent steps needed to avoid or deal with a potential crisis in these economies.

The Centre’s Executive Director, Martin Khor, in his article, also talks about new problems confronting several developing countries which faced sharp currency depreciation and capital outflows at the start of 2014. He also argues the case for capital controls over capital outflows in countries facing potential flight of capital to avoid a potential crisis.

China seems to be preparing to play a bigger role in global economic affairs, but not at the cost of giving up its developing country status. This was the impression made at the conference Transformative Global Governance: China and the United Nations, held in Shanghai on 13-14 January 2014. An article on this is in the Bulletin.

Other articles in the bulletin include:

  •  Latin American and Caribbean Leaders Create a Zone of Peace and Unite Against Poverty and Inequality
  • A step forward for Asian Cooperation
  • Equity, climate change and sustainable development – South Centre-Ecuador Side Event at COP 19
  • WIPO at Crossroads: Results of the General Assembly 2013
  • South Centre pledges continued support to the G77 and China
  • G15 to be engaged in post-2015 Development Agenda
  • Welcome to the real world, by Humberto Campodonic
We hope you find this issue interesting, and we welcome your comments.
With best wishes,

Martin Khor
Executive Director,                  
South Centre and
Editor, South Bulletin

To download the entire South Bulletin, please click here. To read individual articles, please see below.

  • Turbulence in Emerging Economies: From Easy Money to Hard Landing?
  • Developing countries facing new economic problems
  • Policy Dilemmas and the Case for Capital Controls over Outflows
  • Latin American and Caribbean Leaders Create a Zone of Peace and Unite Against Poverty and Inequality
  • A bigger global role for China?
  • A step forward for Asian cooperation
  • South Centre pledges continued support to the Group of 77 and China
  • G15 to be engaged in post-2015 Development Agenda
  • Equity, climate change and sustainable development: Perspectives of Developing Countries – South Centre-Ecuador Side Event at COP 19 Warsaw November 2013
  • WIPO at Crossroads: Results of the General Assembly 2013
  • Welcome to the real world


Please share your inputs by e-mailing: recoveryhumanface@gess.list.ilo.org To join or leave this e-discussion, send an email with subscribe or unsubscribe in the subject field. To see all messages http://www.recoveryhumanface.org/  This e-discussion is intended to facilitate the exchange of knowledge and ideas; the views expressed by contributors do not reflect the policies of ILO.  The moderator of the e-discussion is Isabel Ortiz, contact: ortizi@ilo.org

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    This e-discussion is intended to facilitate the exchange of knowledge and to
    stimulate discussion; 
    the interpretations and p
    ositions expressed by contributors do not reflect the policies of ILO. 

    “We, the Peoples” are the first words of the UN Charter. The UN was founded in 1945 and
    mandated to respond to the needs and rights of all persons, in every country of the world. In this spirit of social justice, a real world recovery means a recovery for all
    persons, not simply the recovery of a few economic indicators and
    companies.

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