International Monetary Fund. The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., of "188 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. "[1] Formed in 1944 at the Bretton Woods Conference, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments difficulties can borrow money. As of 2010[update], the fund had XDR476.8 billion, about US$755.7 billion at then-current exchange rates.[4] Functions[edit] The IMF's role was fundamentally altered by the floating exchange rates post-1971.
Surveillance of the global economy[edit] IMF Data Dissemination Systems participants: IMF member using SDDS IMF member using GDDS Benefits[edit] World Bank. Answering Globalization with Global Learning. That question aptly set the stage for a two-day conference on “Developing Global Competencies in Higher Education,” held at Fairleigh Dickinson’s College at Florham April 4 and 5. Designed to foster a dialogue among educators about global education and global citizenship, the program was sponsored by the University’s Office of Interdisciplinary, Distributed and Global Learning and the Internationalization Collaborative of the American Council on Education (ACE) — and supported by a grant from the AT&T Foundation. Speakers included Adams, current and former United Nations ambassadors; a sociology professor who has written two books on globalization; a leading international advocate from ACE; a veteran study-abroad administrator; key members of FDU’s global education efforts, particularly faculty involved in using technology to bring the world to the classroom; and members of the University’s innovative Global Virtual Faculty program.
A Need for Global Citizenship Defining the Skills. The unstoppable rise of a collaborative economy: Shane Hughes at TEDxLausanne. Issues on the Global Issues web site. Quotes about Changing the World | TED Quotes. Gandhi’s Top 10 Fundamentals for Changing the World. “You must not lose faith in humanity. Humanity is an ocean; if a few drops of the ocean are dirty, the ocean does not become dirty.” “The difference between what we do and what we are capable of doing would suffice to solve most of the world’s problem.” “If I had no sense of humor, I would long ago have committed suicide.” Mahatma Gandhi needs no long introduction.
Everyone knows about the man who lead the Indian people to independence from British rule in 1947. So let’s just move on to some of my favourite tips from Mahatma Gandhi. 1. “You must be the change you want to see in the world.” “As human beings, our greatness lies not so much in being able to remake the world – that is the myth of the atomic age – as in being able to remake ourselves.” If you change yourself you will change your world. And the problem with changing your outer world without changing yourself is that you will still be you when you reach that change you have strived for. 2. “Nobody can hurt me without my permission.” 10 Ways to Save the World. Global Issues : social, political, economic and environmental issues that affect us all. Karl Was Right: Capitalism Post-2008 is Falling Apart Under the Weight of its Own Contradictions. WEO 2008.
WEO 2014. WEO 2013. Global growth is projected to remain subdued at slightly above 3 percent in 2013, the same as in 2012. This is less than forecast in the April 2013 World Economic Outlook (WEO), driven to a large extent by appreciably weaker domestic demand and slower growth in several key emerging market economies, as well as a more protracted recession in the euro area. Downside risks to global growth prospects still dominate: while old risks remain, new risks have emerged, including the possibility of a longer growth slowdown in emerging market economies, especially given risks of lower potential growth, slowing credit, and possibly tighter financial conditions if the anticipated unwinding of monetary policy stimulus in the United States leads to sustained capital flow reversals.
Stronger global growth will require additional policy action. Financial market volatility increased globally in May and June after a period of calm since last summer. WEO 2012. Lately, the near-term outlook has noticeably deteriorated, as evidenced by worsening high-frequency indicators in the last quarter of 2011 (Figure 2: CSV|PDF). The main reason is the escalating euro area crisis, which is interacting with financial fragilities elsewhere (Figure 3: CSV|PDF).
Specifically, concerns about banking sector losses and fiscal sustainability widened sovereign spreads for many euro area countries, which reached highs not seen since the launch of the Economic and Monetary Union. Bank funding all but dried up in the euro area, prompting the European Central Bank (ECB) to offer a three-year Long-Term Refinancing Operation (LTRO). Bank lending conditions moved sideways or deteriorated across a number of advanced economies. The updated WEO projections see global activity decelerating but not collapsing. Overall, activity in the advanced economies is now projected to expand by 1½ percent on average during 2012–13. Downside risks stem from several sources. . • Liquidity. World Economic Outlook. World Bank Group. Economics. Welcome to the United Nations. The Commonwealth. World Bank Group. World-systems theory. A world map of countries by trading status, late 20th century, using the world system differentiation into core countries (blue), semi-periphery countries (purple) and periphery countries (red).
Based on the list in Dunn, Kawana, Brewer (2000). World-systems theory (also known as world-systems analysis or the world-systems perspective),[1] a multidisciplinary, macro-scale approach to world history and social change, emphasizes the world-system (and not nation states) as the primary (but not exclusive) unit of social analysis.[1][2] Background[edit] Immanuel Wallerstein has developed the best-known version of world-systems analysis, beginning in the 1970s.[4][5] Wallerstein traces the rise of the capitalist world-economy from the "long" sixteenth century (c. 1450-1640). Many other scholars have contributed significant work in this "knowledge movement".[2] Origins[edit] Influences and major thinkers[edit] World-systems theory was aiming to replace modernization theory.
Dependency theory[edit] International organizations. Global Issues : social, political, economic and environmental issues that affect us all — Global Issues. The 10 Biggest Problems In The World According To The EU. Globalization. Globalisation (or globalization) is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.[1][2] Advances in transportation and telecommunications infrastructure, including the rise of the telegraph and its posterity the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities.[3] Though scholars place the origins of globalization in modern times, others trace its history long before the European age of discovery and voyages to the New World. Some even trace the origins to the third millennium BCE.[4][5] In the late 19th century and early 20th century, the connectedness of the world's economies and cultures grew very quickly.
Overview[edit] Humans have interacted over long distances for thousands of years. Airline personnel from the "Jet set" age, circa 1960. Etymology and usage[edit] Sociologists Martin Albrow and Elizabeth King define globalization as: World Bank Group. General Government Debt as Percent of GDP by Country.
World debt comparison: The global debt clock. INFOGRAPHIC: Where the world’s poorest will live in 2015. This infographic from the OECD Development Assistance Committee projects which countries will be home to the world’s poorest people by 2015, and compares this to the picture in 2005. Part of their report Fragile states 2013: Resource flows and trends in a shifting world it reveals that by 2015, half of the world’s people living on less than USD 1.25 a day will be in fragile states.
And while poverty has decreased globally, progress on Millennium Development Goal (MDG) 1 to halve poverty is slower in fragile states than in other developing countries. While India will still have the second largest population living in extreme poverty, the reduction from 2005 is incredible. China is also projected to reduce poverty dramatically. Project Syndicate: Economics, finance, politics, and global affairs from the world's opinion page. Let's make everything FREE! An introduction to The Free World Charter. 15 Mind-Blowing Facts About Wealth And Inequality In America. China, technology and the U.S. middle class. President Barack Obama’s State of the Union speech this week confirmed it: The pre-eminent political and economic challenge in the industrialized democracies is how to make capitalism work for the middle class.
There is nothing mysterious about that. The most important fact about the United States in this century is that middle-class incomes are stagnating. The financial crisis has revealed an equally stark structural problem in much of Europe. Even in a relatively prosperous age — for all of today’s woes, we have left behind the dark, satanic mills and workhouses of the 19th century — this decline of the middle class is more than an economic issue. It is also a political one. The main point of democracy is to deliver positive results for the majority. All of which is why understanding what is happening to the middle class is urgently important. Academics can usually be counted on to have a confident explanation for everything. It was a winningly modest reply. “U.S. Global Wealth Distribution. As we have discussed, from 1979 to 2007, inflation-adjusted incomes of the top 1 percent of households increased significantly versus the rest of the wage earners (i.e., the remaining 99%).
Those even better off, the top 0.1 percent (the top one one-thousandth of households), saw their incomes grow 390%. In contrast, incomes for the bottom 90 percent grew just 5 percent between 1979 and 2007. All of that income growth, however, occurred in the unusually strong growth period from 1997 to 2000, which was followed by a fall in income from 2000 to 2007. Is this wealth concentration a global phenomena, or is it a US centric? Lets go to the global data, via Credit Suisse Research Institute’s Global Wealth Databook: Source: Credit Suisse, Research Institute And as a reminder, here is the recent growth in the US data, via EPI: Source: Economic Policy Institute UPDATE: November 1 2011 12:51pm David Wilson of Bloomberg News points out that a rising Misery Indexes worsens the income-gap effect: The Hidden Prosperity of the Poor. A concept promulgated by the right — the notion of the hidden prosperity of the poor — underpins the conservative take on the ongoing debate over rising inequality.
The political right uses this concept to undermine the argument made by liberals that the increasingly unequal distribution of income poses a danger to the social fabric as well as to the American economy. President Obama forcefully articulated the case from the left in an address on Dec. 6, 2011 at Osawatomie High School in Kansas: This kind of gaping inequality gives lie to the promise that’s at the very heart of America: that this is a place where you can make it if you try.
We tell people — we tell our kids — that in this country, even if you’re born with nothing, work hard and you can get into the middle class. We tell them that your children will have a chance to do even better than you do. That’s why immigrants from around the world historically have flocked to our shores. You’ve heard the case from the right. We’re More Unequal Than You Think by Andrew Hacker. The Spirit Level: Why Greater Equality Makes Societies Stronger by Richard Wilkinson and Kate Pickett Bloomsbury, 331 pp., $28.00; $18.00 (paper) The Darwin Economy: Liberty, Competition, and the Common Good by Robert H. Frank Princeton University Press, 240 pp., $26.95 The Age of Austerity: How Scarcity Will Remake American Politics by Thomas Byrne Edsall Doubleday, 272 pp., $24.95 Why Some Politicians Are More Dangerous Than Others by James Gilligan Polity, 229 pp., $19.95 Imagine a giant vacuum cleaner looming over America’s economy, drawing dollars from its bottom to its upper tiers.
All four of the books under review reject Hamilton and Madison’s premises. The Spirit Level is a prodigious empirical effort directed to a moral purpose. As income gaps grow, they write, it’s not only the poor who suffer. The authors don’t go so far as to say that people with above-average incomes would end up better off were they to take home less money, and if greater numbers of their poor compatriots had more. The Price of Inequality - Video and audio - News and media. Speaker(s): Professor Joseph E Stiglitz Chair: Professor Stephen P. Jenkins Recorded on 29 June 2012 in Old Theatre, Old Building. In his new book, The Price of Inequality, which he will discuss in this lecture Joseph Stiglitz considers the causes of inequality, why is it growing so rapidly and what are its economic impacts? He explains that markets are neither efficient nor stable and will tend to accumulate money in the hands of the few rather than engender competition and considers our political system that frequently shapes markets in ways that advantage the richest over the rest.
He shows how moving money from the middle and bottom of society to the top, far from stimulating entrepreneurship actually produces slower growth and lower GDP with even more instability. Redistributing wealth from the very rich would produce far greater gains overall in our economies than the rich would lose. Joseph Stiglitz was Chief Economist at the World Bank until January 2000. Event posting. POVERTY, CORRUPTION AND THE CHANGING WORLD, 1950-2050. Robert H. Wade On May 29 2013 James Wolfensohn, president of the World Bank from 1995 to 2005, gave the Amartya Sen lecture at the London School of Economics, on the subject, “Reflections on a changing world, 1950-2050”. His reflections on the changing world were mainly reflections on what he achieved as World Bank president. He emphasised five. Here I comment on the first two: poverty reduction as the central goal of development, and corruption as an explicitly stated problem.
Poverty reduction and inequality Wolfensohn’s elevation of poverty reduction as the central goal echoes then World Bank president Robert McNamara in 1973, forty years ago, who solemnly proposed in a speech in Nairobi, Kenya, a “new strategy”. But McNamara showed awareness of a closely related issue that remained eclipsed in the Wolfensohn era: income and related inequalities. Why this asymmetry of attention? Corruption On corruption, I begin with my own engagement with the Bank.
Fast forward to Wolfensohn on 29 May. The World Factbook - GINI Coefficient. The Office of Public Affairs (OPA) is the single point of contact for all inquiries about the Central Intelligence Agency (CIA). We read every letter, fax, or e-mail we receive, and we will convey your comments to CIA officials outside OPA as appropriate. However, with limited staff and resources, we simply cannot respond to all who write to us. Contact Information Submit questions or comments online By postal mail: Central Intelligence Agency Office of Public Affairs Washington, D.C. 20505 Contact the Office of Privacy and Civil Liberties Contact the Office of Inspector General Contact the Employment Verification Office Before contacting us: Please check our site map, search feature, or our site navigation on the left to locate the information you seek.
Online Databases -- National Archives. World Economic Outlook 2014 -- IMF. World Economic Outlook 2012 -- IMF. World Economic Outlook 2009 -- IMF. World Economic Outlook 2008 -- IMF. World Economic Outlook 2008 -- IMF. World Economic Outlook 2008 -- IMF. World Economic Outlook 2008 -- IMF. World Bank Group. IMF -- International Monetary Fund Home Page. How the Government Measures Unemployment. Karl Was Right: Capitalism Post-2008 is Falling Apart Under the Weight of its Own Contradictions. The globalization tapes. White Collar Crime. Power crime. CEO Pay & Layoffs. CEO Pay and the Great Recession. Alternative Economic Strategies in Low-Income Rural Communities. Feminization of Poverty .pdf. The Feminization of Poverty. Rich Blocks, Poor Blocks | Neighborhood income and rent maps of U.S. cities.
Being Poor, Black, and American -- W.J. Wilson. Race, Homeownership & Wealth -- T. Shapiro. Roots of the Widening Racial Wealth Gap - T. Shapiro. Averge-incomes. Search a database of the Power Elite. Capitalism vs. Democracy. Marxists Internet Archive. Capitalism Hits the Fan - Richard Wolff. Richard D. Wolff, "Capitalism Becomes Questionable" The Global Capitalist Crisis -- B. Berberoglu (PPT) The Global Capitalist Crisis -- B. Berberoglu. Globalization of Capital and Social Rights -- B. Berberoglu. Class Structure and Social Change -- A. Spector. Work stoppages involving 1,000 or more workers, 1947-2013 -- Table. Global Wealth Inequality - What you never knew you never knew. The Crisis Of Civilization. FRONTLINE. BBC World News. 3 Great Films for Teaching About Globalization and Modernization.
The Best Sites For Learning About The World’s Different Cultures.