Economy and Finance

China Leads Upsurge In Global Creative Economy

By Ronald Joshua

GENEVA (IDN) – The remarkable story of China's dominance in the trade of creative goods and services is the golden thread of a new creative economy outlook by UNCTAD, the United Nations Conference on Trade and Development.

The creative economy is recognized as a significant sector and a meaningful contributor to national gross domestic product. It has spurred innovation and knowledge transfer across all sectors of the economy and is a critical sector to foster inclusive development.

With export growth rates of over 7 percent over 13 years, global trade in creative goods is an expanding and resilient sector buoyed by Asia in general and China in particular, according to a new UNCTAD report.

: IDN-INPS UN Bureau; THE WORLD; Asia-Pacific; 19 January 2019

A New Spectre Is Haunting Europe

Viewpoint by Roberto Savio

The writer is publisher of Other News, a vehicle for "voices against the tide", and founder of IPS-Inter Press Service News Agency. This article is being reproduced courtesy of Other News with the writer's permission. He can be contacted at This email address is being protected from spambots. You need JavaScript enabled to view it. and his articles and comments can be read on Facebook @robertosavioutopia

ROME (IDN) – After Teresa May’s defeat in the British parliament on January 15, it is clear that a new spectre is haunting Europe. It is no longer the spectre of communism, which opens Marx’s Manifesto of 1848; it is the spectre of the failure of neoliberal globalisation, which reigned uncontested following the fall of the Berlin Wall, until the financial crisis of 2009.

: Roberto Savio; OPINION; 16 January 2019

An Exceptional Book With A Message Of Hope That Does Not Exist Today

Viewpoint by Roberto Savio*

The following is the text of the Foreword to Riccardo Petrella's In the Name of Humanity, English edition under way of Au nom de l’humanité. L’audace mondiale - Éditions Couleur Livres, 2015. Petrella is an Italian economist, political scientist and a leading figure in the anti-globalisation movement. He is Emeritus Professor at Université Catholique de Louvain (Belgium). He was a co-founder, in 2012, of the international initiative Banning Poverty 2018. – The Editor

: Roberto Savio; OPINION; 06 January 2019

Liberalization, Privatization and Globalization Playing Havoc

Viewpoint by Jayasri Priyalal

The writer is the Regional Director responsible for Finance Sector of UNI Global Union, Asia & Pacific Organization - Singapore.

SINGAPORE (IDN) – Imagine the feelings of millions of Americans holding their pay cheques during the festive seasons and at a time getting ready to face the harsh winter, as a consequence of the partial government shutdown decision of President Donald Trump.

This single most incident can be interpreted as the culmination of the LPG strategies of the Liberal, Libertarian, and Neo-Liberal order with an ultimate objective to get rid of state intervention for market forces to reign into government.