Asia

Covid-19: Asian contrasts and lessons

7 August 2020 - by Pierre Rousset

The evolution of the pandemic is particularly contrasted in Asia where it is much more difficult to compare national situations and policies than in Europe. However, we can try to identify a few lines of reflection, which are necessarily fragmentary. The national dynamics of the epidemic vary (...)
Unitedly we fight against debt and all other oppressions!

2 February 2020 - by CADTM Asia

A region that was the poster boy of neo-liberal growth and for its emerging middle class is back in news for wrong reasons. The 2018 Global Multidimensional Poverty Index (MPI) by UNDP and the Oxford Poverty and Human Development Initiative (OPHI) reveals higher incidences of poverty in the (...)
The IMF and World Bank: Aiding and abetting inequality in Asia

10 October 2018 - by Asian Peoples’ Movement on Debt and Development

Despite economic growth, inequality in Asia deepens Fiscal neoliberalism imposed by IFIs continues to exacerbate inequality Civil society renews calls to hold World Bank and IMF to account for their actions Asia continues to draw attention as the “most important engine of global growth,” (...)
Damning testimonies of microcredit abuse

25 April 2018 - by Eric Toussaint, Nathan Legrand

Contrary to what is often claimed, microcredits are not a way out of poverty; on the contrary they most often result in a greater deprivation and humiliation of their victims. On the Indian sub-continent 65 million people have taken on a microcredit, 90% are women. Worldwide, women count for (...)
Is Pakistan falling into China’s debt trap?

16 April 2018 - by Abdul Khaliq

• Pakistan will have to payback $100 billion to China by 2024 of total investment of $18.5 billion, which China has invested on account of bank loans in 19 early harvest projects, under CPEC. • China has become the biggest lender to Pakistan after surpassing Japan. Pakistan owes $19 billion (1/5 (...)
International Women’s Day Declaration, 2018

1 March 2018 - by World March of Women

On the 8th of March2018, International Women’s Day, we from the World March of Women, diverse women from all peoples, races and ages, come together once again to reaffirm that we will keep marching until we are all free from all the oppression from the patriarchal, capitalist and colonial (...)
Belt and Road Initiative (BRI) and the Least Developed Countries (LDCs)

18 December 2017 - by Sudhir Shrestha

When Belt and Road Forum (BRF) was held on May 14-15, 2017 in Beijing, four Least Developed Countries (LDCs), namely Cambodia, Ethiopia, Laos and Myanmar, sent their highest level of delegation as their support to the Belt and Road Initiative (BRI) envisioned by China. Afghanistan, Bangladesh (...)
A People’s Forum on OBOR and BRICS meets in Hong Kong

6 September 2017 - by Robin Lee

Over the weekend (2nd-3rd September) more than 100 participants met in Hong Kong for a People’s Forum on One Belt, One Road (OBOR) and BRICS. As BRICS leaders begin to meet for their 9th BRICS summit in Xiamen this week and the Hong Kong Trade Development Council prepares to host its second Belt (...)
The Asian financial crisis: Lessons learned and unlearned

18 August 2017 - by Yilmaz Akyüz

Governments in both mature and emerging economies no doubt draw lessons from financial crises in order to adopt measures to prevent their recurrence. However, it is often the case that such measures are designed to address the root causes of the last crisis but not the next one. More (...)
Exclusionary growth – Southeast Asian civil society to ASEAN: 50 years of exclusion is enough

14 August 2017 - by InterAksyon.com

MANILA – While officials of ASEAN governments and their dialogue partners met behind closed doors for the ASEAN and East Asia meetings, over 1,000 members of civil society marched Monday to call for an end to what they said had been 50 years of exclusionary, elitist growth. The fishers, (...)
50 years of ADB : Debt, Destitution, Destruction, Disparity, & Displacement

30 May 2017 - by Sushovan Dhar, Ratan Bhandari, Hasan Mehdi

The Manila based Asian Development Bank (ADB) celebrated its 50th year at Yokohama from May 3-7, 2017 with a great display of extravagance and grandeur. Japan’s Crown Prince, Naruhito while inaugurating the 50th annual meeting emphasised on ADB’s remarkable ‘achievements’ in the last half a century (...)
Concerted efforts in South Asia against debt and microcredit

5 April 2017 - by Renaud Vivien, Sushovan Dhar, Nathan Legrand

CADTM South Asia held a Workshop in Dhaka, Bangladesh from 3-4 March 2017. This international event brought together activists, journalists and members of various organizations from the host country, India and Nepal , actively resisting public and private debts, such as micro-credit, and (...)
World Bank secretly funding coal explosion in Asia despite President Kim warning, “We are finished”

10 October 2016 - by Bank Information Center

The World Bank Group has secretly funded a coal boom in Asia despite announcing a moratorium on such projects in 2013, according to the results of a new investigation. World Bank President Jim Yong Kim has spoken forcefully about the dangers of new coal projects. “If Asia implements the (...)
The International Context of Global Outrage (in 5 parts)

28 July 2016 - by Eric Toussaint

We publish in a single block a series of articles written by Eric Toussaint [1] late 2011 - early 2012 which deals with the international context of global outrage. The text traces the milestones of the altermondialist movement between the early 1990s and 2012. Looking back on the movements (...)
Nuit Debout International Meeting on May 7^th, 2016, 8^th in Paris

4 May 2016 - by NuitDebout

NUIT DEBOUT INTERNATIONAL MEETING on May 7th & 8th in Paris, Place de la République, and #GLOBALDEBOUT mobilisations worldwide on May 15th, 2016. Together, we are an immense force! Let’s gather together on May 7th & 8th to rise up together on May 15th. Since March 31st, the Nuit (...)
Children Suffer as World Bank’s Borrowers Upend Their Lives

9 February 2016 - by Michael Hudson, Jocelyn C. Zuckerman

In the disappearing rainforests of Indonesia, a 9-year-old boy copes with the trauma of eviction. KEY FINDINGS - Over the last decade, projects funded by the World Bank have physically or economically displaced an estimated 3.4 million people, forcing them from their homes, taking their (...)
Asian alliance calls on UN climate fund to shun HSBC, Crédit Agricole

5 November 2015 - by Jubilee South

Asian alliance calls on UN climate fund to shun HSBC, Crédit Agricole Both banks fund dirty energy, say civil society groups LIVINGSTONE, Zambia, 2 November 2015 – As the last Green Climate Fund board meeting before the Paris climate conference begins here today, an Asian alliance of social (...)
Migrating to uncertainty

19 May 2015 - by Sushovan Dhar

Jeeban Puri from Sindhupalchowk district in Nepal, while working as a driver in Damam, Saudi Arabia, wanted to get back home desperately after the recent 7.8-magnitude earthquake which struck Nepal. Reaching his place, he discovered that his three-year-old son had died and his house was totally (...)
Financial and trade perspectives on external debt with reference to LDCs and India

6 January 2011 - by V. Jacob John

Presented at the CADTM South Asia in Colombo, Sri Lanka, December 9-11, 2010 Introduction Among the Millennium Development Goals (MDG) and targets launched by United Nations since 2000, Goal 8 pertains to develop a ‘Global partnership for development between Developed Countries’ (DCs) and (...)
CADTM South Asia meets in Colombo, Sri Lanka

17 December 2010 - by Stéphanie Jacquemont

From 9 to 11 December 2010, a series of activities were attended by delegates of CADTM from Sri Lanka, Pakistan, India and Belgium in Colombo. The monsoon, which usually prevails in this region from May to September, was invited to the party, presumably to remind the importance of COP 16 (...)
Bhutan political crisis, Debt scenario and International Financial Institution

15 January 2009 - by Mohan Tamang

Presented by Mohan Tamang, Democratic Youth of Bhutan, 15th Jan 2009
Debt and challenges to South Asia

10 March 2008 - by Abdul Khaliq

Debt has become the most important problem for the countries of the developing world. The nations that are the poorest in the world are also the most highly indebted. There cannot be any doubt in the minds of economists, sociologists, political scientists or the general public that debt has (...)
First regional workshop of the CADTM international network in South Asia : Debt and International Financial Institutions

30 January 2008 - by Denise Comanne

CADTM’s first South Asian regional workshop was held from Tuesday, 15th January to Thursday, 17th January 2008. 52 delegates from Sri Lanka, India, Pakistan, Bangladesh and Nepal convened near Colombo, Sri Lanka for three days .CADTM Belgium also participated in the workshop. Sessions on (...)
First regional workshop on South Asia: Debt and International financial institutions

The first regional workshop of CADTM in South Asia was successfully concluded on January 17th 2008. Fifty participants from Sri Lanka, India, Pakistan, Bangladesh and Nepal convened near Colombo in Sri Lanka during three days January 15th to 17th 2008. CADTM Belgium also took part in the (...)
Disaster donations may well end up servicing the Third World Debt!

10 January 2005 - by Eric Toussaint, Damien Millet

Ever since the earthquake that struck off the coast of Indonesia on 26th December there has been a profusion of figures in the headlines, increasing remorselessly: the number of victims, the cost of the damage, the amount of international aid. And a succession of meetings involving the major (...)