economic policy

Brazil's New Anti-Poverty Drive

Topics: Economic Development
Countries: Brazil

The BBC reports that the Brazilian government has unveiled a new anti-poverty plan that, if approved, will provide millions of dollars towards the creation of jobs for 24 million people and improve basic infrastructure - like electricity - to some of the poorest areas of Brazil.

Some feel the plan is related to upcoming municipal elections this year and has been heavily attacked by critics. Regardless, creation of 24 million jobs is much needed in a country where 30 percent of the population lives under the poverty line.

The Unfulfilled Promises of Hugo Chavez

Topics: Governance
Countries: Venezuela

In the latest issue of Foreign Affairs, the former chief economist of the Venezuelan National Assembly argues that Chavez has failed to live up to his pro-poor rhetoric, and that the policies of his administration have hurt both the national economy and the Venezuelan poor. While many observers outside Venezuela believe that Chavez has made the welfare of the poor his highest priority, the author notes that neither official statistics nor independent assessments show any evidence that Chavez's policies have helped combat poverty in Venezuela.

Who is Raul Castro, Cuba's New Leader?

Topics: Governance
Countries: Cuba

Fidel has resigned, but a Castro still rules over Cuba. What are the differences between Fidel Castro and his brother Raul, and what will these differences mean for a post-Fidel Cuba? While there is a general consensus that Fidel's official resignation is unlikely to bring substantial political and economic change in Cuba in the near future, there have been indications that Raul may follow the "Chinese model" and gradually open up the Cuban economy while maintaining strict political control.

Many Cubans say Raúl will have no option but to give Cubans more leeway, economically if not politically. “People here say they are fidelistas, but not necessarily socialistas,” said an analyst in Havana, who asked to remain anonymous. Without Fidel, “Raúl will have to renegotiate an agreement with the Cuban people”.

Raúl is hardly likely to jettison half-a-century of socialist reforms and throw the country open to foreign capital, as Russia did in the 1990s. But he has hinted that he wishes to gradually open up the system, acknowledging the “excessive number of prohibitions” in Cuba and starting a national debate about the shortcomings of the regime.

From the Archives

Globalization - What Is To Be Done?

Previously filed under: North America, General Globalization
The increasing reach of globalization to trade and productivity is forcing governments to come to grips with workers' rights.

Breaking News

Surplus Rice in Japan 'Could End Rice Crisis'

OneWorld Daily Headlines - Fri, 05/16/2008 - 07:44
Selling excess rice held in Japan and imported from the United States would incite a rapid drop in the global price of rice but requires immediate action from Tokyo and Washington, write former editor of The Rice Trader, Tom Slayton, and policy analyst, Peter Timmer.

Half in Ten

OneWorld Daily Headlines - Fri, 05/16/2008 - 07:44
Four prominent American social justice groups are launching a campaign to halve poverty in the United States in 10 years.

Myanmar Farmers May Miss Harvest

New York Times - Thu, 05/15/2008 - 21:34
The timing of Cyclone Nargis, which disrupted farmers as they were preparing to plant, could not have been worse.

In Departure, China Invites Outside Help

New York Times - Fri, 05/16/2008 - 02:59
China sought experts and equipment from Japan and Taiwan as President Hu Jintao visited the area affected by the earthquake.

The Caucus: Edwards to Endorse Obama

New York Times - Wed, 05/14/2008 - 15:38
The Obama campaign is hoping that John Edwards’s endorsement will be taken as the start of a coalescence around Mr. Obama as the nominee.

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