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Microcredit, macro issues

by Walden Bello The awarding of the Nobel Peace Prize to Muhammad Yunus, regarded as the father of microcredit, comes at a time when microcredit has become something like a religion to many of the powerful, rich and famous....

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Norway cancels illegitimate debt

In its forthcoming national budget for 2007 the Norwegian government will propose to the Parliament (Stortinget) to cancel NOK 520 million of official debts from Ecuador, Egypt, Jamaica, Peru and Sierra Leone. The claims...

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The Development RoundTable Series:Towards an Alternative Foreign Policy

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The Development RoundTable Series:Towards an Alternative Foreign Policy

The ASEAN has traditionally avoided thorny intra-region foreign policy and security issues, and the official agenda outlined by the Philippine government for its year-long chairmanship is no exception. However, as these internal issues-such as human rights violations in Myanmar and southern Thailand, political killings in the Philippines, brutal repression of secessionist movements in Indonesia, and the resurgence of authoritarianism throughout the region-take on an increasingly international import, the rigidity of the ASEAN is becoming more and more apparent, even as the need to resolve these issues become more and more urgent.

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