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Photo: ‘Profiting from pain’: Covid-19 pandemic creates new billionaire every 30 hours, says Oxfam WEF 2022 report. Image source: DNA India

Viewpoint by Sonali Kolhatkar

This article was produced by Economy for All, a project of the Independent Media Institute. Sonali Kolhatkar is the founder, host and executive producer of “Rising Up With Sonali,” a television and radio show that airs on Free Speech TV and Pacifica stations.

LOS ANGELES (IDN) — The World Economic Forum (WEF), which took place this year from May 22 through 26 in Davos, Switzerland, brought together elected officials and corporate executives from all over the world to tackle global problems. The annual meeting was delayed, first by two years due to the COVID-19 pandemic, and then by five more months due to the Russian invasion of Ukraine.

Photo source: Economic and Social Survey of Asia and the Pacific for 2022

By Krishan Dutta

BANGKOK (IDN) — With an eye on the continuing uncertainty over the trajectory of the COVID-19 pandemic and increased global risks, the Economic and Social Survey of Asia and the Pacific for 2022, has called for anchoring the region’s economic recovery and progress in “a new social contract” of inclusiveness to protect the vulnerable from future shocks.

Photo credit: Andrey Popov/ via:

By Jaya Ramachandran

VIENNA (IDN) — 2022 will be another challenging year for EU migration. The International Centre for Migration Policy Development (ICMPD) Outlook lists key issues that will be high on the agenda of decision-makers and analysts alike. Founded in 1993, ICMPD holds UN observer status and cooperates with more than 240 partners including EU institutions and UN agencies.

Photo credit: UNICEF

By Ronald Joshua

ADDIS ABABA (IDN) — Child deprivation “has a lasting and detrimental impact on nations’ political stability, prosperity and sustainable development”, warns a new report. Titled The Economic Case for Investing in Children in Africa: Investing in our Common Future, the report was launched on November 18 at a pan-African virtual event involving representatives from African governments, the UN, World Bank, civil society organisations, human rights activists and child policy experts.

Image credit: UNCTAD


GENEVA (IDN) — Coronavirus pandemic recovery efforts should provide comprehensive social protection, fight climate change, and ensure vaccines reach the poorest people quickly.

Nobel laureate Esther Duflo spelled out what an inclusive recovery from the COVID-19 crisis should entail and outlined lessons learned from the pandemic, while delivering the 17th edition of UNCTAD’s prestigious Raúl Prebisch Lecture on June 15.

Image credit: TUC

By Mahinda Seneviratne*

SYDNEY (IDN) — As twilight approaches, Rakesh (not his real name) mounts his bicycle with a large thermal backpack over his narrow shoulders. He lost his regular job at a small suburban restaurant when the family business could not sustain itself during the Covid-19 pandemic lockdown. With the recent shocking road deaths of three food delivery riders heavily on his mind, Rakesh pedals cautiously into the growing traffic lanes to commence his first home delivery gig.

Image credit: World Bank

By Caroline Mwanga

WASHINGTON (IDN) — While planning to rebuild economies after the COVID-19 pandemic, countries would do well to lay the foundation for a green, resilient, and inclusive future. This was the message of the World Bank-International Monetary Fund (IMF) virtual Spring Meetings from April 5 to 11, 2021. World Bank Group President David Malpass outlined the major challenges facing the world, including COVID, climate change, rising poverty and inequality, and growing fragility and violence as a part of the focus on Economic Recovery: Toward a Green, Resilient, and Inclusive Future.

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