Logo

Logo

GDP

A compelling case for pragmatism

When Chinese President Xi Jinping landed in Macau, the world’s gambling capital, the air was thick with anticipation. Macau,often dubbed the “Las Vegas of the East,” is much more than a beacon of wealth and opulence.

At a crossroads

The United Kingdom’s economy has encountered a challenging phase, with consecutive monthly declines in GDP marking the first back-to-back contraction since the tumultuous days of the Covid-19 lockdowns.

Political Minefield

The appointment of François Bayrou as France’s new Prime Minister highlights the formidable challenges facing the country as it struggles with political gridlock, economic uncertainty, and public discontent.

Growth Sans Growth~II

It seems democracy and capitalism no longer go together. We have so far believed that democracy gives people freedom of choice, an essential prerequisite for economic activities to flourish. The question is if this is the true face of neoliberal capitalism, would we want to look at it? Should we not think instead how a possible transition to reduced consumption, reduced production and reduced profit can be made compatible with social security and stability while fulfilling the basic human needs that modern living demands?

Growth Sans Growth ~I

Rich economies are not going to downscale their production and consumption, and greening of production is not going to address the problems. The capitalist system based on higher consumption has not only led to the present environmental crisis but also caused extreme inequality and severe financial instability, throwing the entire world into turmoil from time to time, as last seen in 2008. The inescapable conclusion is that it is impossible to decouple material extraction from economic growth

Thai potboiler

With the two major parties in the eight-party coalition staking claim to governance in Thailand having overcome the hurdle of choosing a Speaker, all eyes will be on the events of July 13 when the country’s parliament will meet to elect a new Prime Minister. The