Global Green New Deal

In fighting of global economic recession, a greening of fiscal stimulus packages should be considered.  I think this is an important massage for the leaders of most powerful economic gathering in The London Summit 2009.

I notice recent policy brief of UNEP  called Global Green New Deal (GGND). The proposal says that fiscal stimulus should prioritize energy efficient buildings and investments in sustainable transport and renewable energy. In the meantime, developing countries should prioritize investment in agricultural productivity measures, freshwater management, and sanitation, as these have demonstrable and exceptional social returns.

(more…)

Halloween chocolate: a sweet gift from south

The most popular food and searched by hundreds in recent week maybe a kind of Halloween chocolate. Although there are many stuff  like hallowen costume, signs, candles or lollipops halloween chocolate has unique story behind them. The chocolate is a food made from cocoa bean which only found the tree in tropical countries such Ghana or Indonesia, but there are no such halloweeen parties or else, including halloween chocolate.

(more…)

Differences between current global crisis and 1997 financial crisis

High income        Upper-middle income        ...

The World Bank released a report on the current global crisis. It highlights the situation on East Asia and Pacific.

As I noted in previous my post, both developed and developing countries are trying to deal with the crisis. Even the 20 countries of world biggest economic power have meet in London Summit to develop new collaboration steps for halting the recession.

At the same time, some organizations were proposing green stimulus packages. Within the stimulus plan, the issues of employment generation in green sectors are addressed. Hopefully more countries adopted the proposal as well.

Back to current global crisis, below some facts of differences with financial crisis occurred in 1997-1998:

(more…)

Related terms
    similarities 1997 and 2008 crisis, differences between 1997 and 2008 financial crisis, similarity crisis between 1997 and 2007, similarities of 1997 Asian crisis, similarities between world crisis and asian crisis, similarities between asian financial crisis 1997 and 2008 global financial crsis, similarities between asian crisis and the gfc, similarities between 1997 crisis and 2007 crisis, 2007 1997 crisis similarities