Global Economy: C

Sarah Anderson, Director of the Global Economy Project at the Institute for Policy Studies, and contributor to Mandate for Change, discusses the global economy during Obama’s first year in IPS’s report Barely Making the Grade: Obama’s First Year.

Barack Obama raised the hopes of global justice advocates by committing to significant changes in our international economic policies. As president, however, his efforts to implement alternatives have been slow to get off the ground. When the economic crisis hit, the need to overhaul our whole approach to globalization became all the more urgent. Countries that had gone the furthest to liberalize trade and investment proved to be the most vulnerable to volatile global export and investment markets. Obama took the opposite view, pointing to the crisis as a reason for postponing promised reforms, such as renegotiating the North American Free Trade Agreement.

Click here to read the full report.

Re-thinking Economic Models to Address Global Imbalance

Mandate author, John Cavanagh appeared on the Diane Rehm Show this morning to discuss the current Global Economic Crisis, its causes, and various proposals for economic stimulus and recuperation.

Listen to the segment online here:

http://wamu.org/audio/dr/09/01/r1090129-23955.asx