Inequality: Addressing Asia's Great Scourge
Tuesday, 16 November 2021
Since the 1980s, the World Bank has been closely associated with the Washington Consensus — a set of policy prescriptions that urged developing countries to deregulate their markets and curb government spending in exchange for development aid. But in early 2016, the Bank's former Chief Economist Francois Bourguignon recommended the exact opposite.
Concerned over increasing levels of…
Transitions to Democracy: Options for Myanmar (First of Two Parts)
Sunday, 8 August 2021
The 1 February 2021 military coup of the Tatmadaw has put an abrupt stop to the democratic transition in Myanmar. The coup has inadvertently exposed the flawed design of this democratic transition from the start, founded on the highly contested and problematic 2008 Constitution rammed down by the military.
Various stakeholders are now looking for a way out and a way forward. Socdem…