Triple Crisis
Blog to Bring Global Perspectives to Policy Debate
On February 1, new voices joined the policy debate
on the global crises in finance, development, and
the environment. The ''TripleCrisisBlog,''
with an initial roster of economic analysts from nine
countries, was launched by the Global
Development and Environment Institute
(GDAE) at Tufts University (USA), India's Economic
Research Foundation
(ERF), and the Heinrich
Boell Foundation-U.S. The initiative
is chaired by GDAE's Kevin P. Gallagher and ERF's
Jayati Ghosh.
''Crises are not new to the world economy,
nor to developing countries,'' Gallagher and Ghosh
write in their introductory post. ''Indeed, our current
predicament is a convergence of at least three crises:
in global finance, development, and environment. These
areas are seemingly disparate but actually interact
with each other in forceful ways to reflect major
structural imbalances between finance and the real
economy; between the higher income and developing
economies; between the human economic system and the
earth's ecosystems. This blog seeks to contribute
to a more open and global dialogue around these three
crises: about how they interact, and how they can
collectively be solved.''
The TripleCrisisBlog starts with an unprecedented
diversity of analysts from the global North and South.
In addition to Gallagher and Ghosh, the roster includes:
Jeff Madrick, Sanjay Reddy, Mehdi Shefaeddin, Charles
Abugre, Martin Khor, Alejandro Nadal, Matias Vernengo,
Adil Najam, CP Chandrasekhar, Jim Boyce, Ilene Graebel,
Gerhard Schick, Timothy A. Wise, Lyuba Zarsky, and
Frank Ackerman. Ghosh and Gallagher will co-chair
the project, with Wise serving as "managing editor."
''While there are a number of commendable blogs on
various aspects of these three crises,'' note Gallagher
and Ghosh, ''this blog will examine all three crises
and from a global perspective not often found in mainstream
media outlets.''
Visit the TripleCrisisBlog.
Read more on GDAE's Globalization
and Sustainable Development Program.
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February 10, 2010.
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