CETRI
Jomo Kwame Sundaram, a former economics professor, was United Nations Assistant Secretary-General for Economic Development, and received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought. CETRI Associate Researcher.
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Imperialism (Still) Rules
Jomo Kwame Sundaram 11/02/25
Many in the West, of the political right and left, now deny imperialism. For some, empires were pre-capitalist atavisms. But even the Economist now sees Trump’s revival of this US legacy. Many in the West, of the political right and left, now (...)
An ‘Exorbitant Privilege’ for All ?
Jomo Kwame Sundaram, Ndongo Samba Sylla 30/01/25
Ending US$ dominance alone will not end monetary imperialism. Only appropriate multilateral arrangements to clear international payments can meet Global South aspirations for sustainable development. Ending US dollar dominance alone will not (...)
Food Systems Worsen Diets, Health
Jomo Kwame Sundaram 22/01/25
Corporate-dominated food systems are responsible for widespread but still spreading malnutrition and ill health. Poor diets worsen non-communicable diseases (NCDs), now costing over eight trillion dollars yearly ! Unhealthy food systems A (...)
Financing for Development Priorities Today
Jomo Kwame Sundaram 07/01/25
The forthcoming UN Financing for Development conference must address developing countries’ major financial challenges. Recent setbacks to sustainable development and climate action make FfD4 critical. The forthcoming fourth United Nations (...)
New Approaches Urgently Needed to Tackle Resurgent Social Crises
Jomo Kwame Sundaram 05/12/24
Despite uneven economic recovery since the pandemic, poverty, inequality, and food insecurity continue to worsen, including in the Asia-Pacific, which used to fare better than the rest of the South. Despite uneven economic recovery since the (...)
Western Finance Ruining Economies of the Rest
Jomo Kwame Sundaram 19/11/24
Western financial policies have been squeezing economies worldwide. After being urged to borrow commercial finance heavily, developing nations now struggle with their contractionary monetary policies. Central banks ‘Unconventional monetary (...)
World Inequality Still Rising Despite Some Convergence
Jomo Kwame Sundaram 07/11/24
Despite earlier income convergence among nations, many low-income countries (LICs) and people are falling further behind. Worse, the number of poor and hungry has been increasing again after declining for decades. After the post-Second World (...)
Net Zero by 2050 Delays Needed Urgent Climate Action
Jomo Kwame Sundaram 26/09/24
Net zero emissions by 2050 prioritise mitigation for climate stabilisation. Pledges to achieve this still distant target have grown but inadvertently delay urgently needed climate action. Net zero emissions by 2050 prioritise mitigation for (...)
Global Poverty Grows as Super-Rich Get Richer Faster
Jomo Kwame Sundaram, Siti Maisarah Zainurin 29/08/24
Oxfam expects the world’s first trillionaire within a decade and poverty to end in 229 years ! The wealth of the world’s five richest men has more than doubled from 2020, as 4.8 billion people became poorer. Oxfam expects the world’s first (...)
Handling Financial Crises in the South
Jomo Kwame Sundaram 19/08/24
When history repeats itself, the first time is a tragedy ; the next is a farce. If we fail to learn from past financial crises, we risk making avoidable errors, often with tragic consequences. Between rock and hard place Many people worldwide (...)