What drives financialisation Jomo Kwame Sundaram THE emergence and growth of financialisation from the 1980s has been driven by several factors operating...
Education is now seen as “human capital investment”. – AFPpix Financialisation destroys social solidarity Jomo Kwame Sundaram FINANCE has not stopped at dominating the real economy. The tentacles of finance have reached into significant,...
Public-private partnerships fad fails Jomo Kwame Sundaram AFTER the failure and abuses of privatisation and contracting-out services from the 1980s, there has...
Privatisation has more adversely affected women workers. – Reuterspix Privatisation not the miracle cure Jomo Kwame Sundaram PRIVATISATION has not provided the miracle cure for the problems (especially inefficiencies) associated...
A significant share of the money flowing into global shadow banking (institutional investors, asset managers) comes from developing countries. – Coping with World Bank financialisation Jomo Kwame Sundaram THE World Bank has successfully promoted its “Maximising Finance for Development” (MFD) strategy by embracing...
Down with corruption ... A woman holds a banner reading “down with corruption” and shout slogans in Johannesburg, on Tuesday during a protest against the lack of service delivery or basic necessities such as access to water and electricity, housing difficulties and lack of public road maintenance. – AFPpix Privatisation promotes collusion and corruption Jomo Kwame Sundaram AT the risk of reiterating what should be obvious, the question of private or public ownership is distinct...
Leg up for Big Finance Jomo Kwame Sundaram THE World Bank has successfully built a coalition to effectively advance its “Maximising Finance for...
Has privatisation benefited the public? Jomo Kwame Sundaram IN most cases of privatisation, overall net welfare improvements are the exception, not the rule. Some...
Is private finance the solution to pressing development and welfare concerns? – AFPpix World Bank financialising development Jomo Kwame Sundaram THE World Bank has legitimised the notion that private finance is the solution to pressing development...
Privatisation not always the answer Jomo Kwame Sundaram PRIVATISATION has been central to the “neo-liberal” counter-revolution from the 1970s against government...
