WASHINGTON, DC: Greece's GDP, at about $300 billion, represents approximately 0.5 percent of world output. Its $470 billion public debt is very large relative to the Greek economy's size, but less than 1 percent of global debt — and less than half (...)
Imagine that a huge asteroid is hurtling towards Earth. Scientists tell us that there is a 10 percent chance of a collision in 10 years and the consequences of its impact will be catastrophic. Your government advises you not to panic and reminds you (...)
If you will not pay us reasonable prices for our exports, we will export ourselves
It s the kind of "it s-not-fair situation that makes poorer nations wonder where the pay-off is with free trade:
Demand for coffee, tea, cocoa, cotton, and (...)
To have a lasting impact, resources for development must increase and the increases must be sustained if we are to keep the promises that have been made to the world's poor and achieve the Millennium Development Goals. However, at the midpoint to (...)