Economy
Finance
New Internationalist delves into the topic of global finance to consider the world’s ‘advanced economies’, cases of corruption and the workings of transnational corporations.
From interviews with leading economists to critical analysis of banking, corporate wealth and predatory lending, this section shines light on the human costs of the world’s financial systems.
Study: Big Oil shareholders’ profits soar as world melts
A new report shows the dramatic rise in cash earnings of shareholders in Britain’s big oil since the Paris Agreement.
G7 resistance: Harnessing collective power
As the international summit begins in Cornwall, Amy Hall speaks to people showing up to challenge its powerful leaders.
The carbon bubble
Yohann Koshy looks at the impending catastrophe linking the stock market to climate change.
Home sweet home
The foreclosure crisis in the US is still a reality for many. Jack Crosbie reports on the human cost of finance.
The next financial crisis
Clueless central banks? A trade war? Southern debt overload? Leading economists including Jayati Ghosh, Cédric Durand and others speculate on where the next crisis might come from...
China: a post-neoliberal order?
For Martin Jacques, 2008 represented the end of the Western-dominated financial system and the beginning of a Chinese century.
When the world almost ended
Ten years after the greatest economic crisis since the Great Depression, Yohann Koshy takes stock of what went wrong and where we are.
Have economists changed since the 2008 crash?
The economics profession was partly to blame for the financial meltdown of 2007-08. Cédric Durand asks whether anything has changed.
One belt, one road
Wayne Ellwood looks at the scale of China’s ’Belt and Road’ juggernaut and its economic and political ramifications.
Myth 7: Financial regulation will destroy a profitable banking sector
Why should financial markets be accountable only to themselves? asks David Ransom.
Myth 6: Fossil fuels are more economically viable than renewables
Not if you look at the environmental costs, says Dinyar Godrej.
Myth 5: The private sector is more efficient than the public sector
There is no evidence of greater efficiency, explains Dinyar Godrej.
Myth 3: Taxing the rich scares off investors and stalls economic performance
Taxation creates prosperity just as much as private enterprise, says David Ransom.
The big bank boondoggle*
Big private banks have been resurrected by the crisis they caused, says David Ransom.
Debt – The Facts
At any given time countries both owe debts and have them owing to them. Who owes what and what's the bigger crisis – foreign or domestic debt.
Why I gatecrashed David Hartnett’s dinner party
Adam Ramsay gives the inside story on the YouTube hit that shows some unwelcome guests visit a do for Britain’s former tax chief.
BRICS challenge dollar hegemony
Brazil, Russia, India, China and South Africa team up to resist Western financial domination, reports Lasanda Kurukulasuriya.
Ready or not: can Bangladesh cope with climate change?
New Internationalist co-editor Hazel Healy travelled there to find out how people are adapting to a warming world.
The Great Rebellion
The Great Recession may have stunned the Minority World, but the Majority World has survived more or less unscathed. David Ransom investigates why, and traces the outlines of a future that might just be worth having.
Gabon
Gabon is a good example of why judging how well a country is doing by _per-capita_ income is just useless. It is oil-rich and yet half the population lives below the poverty line. World Bank/IMF strictures are doing their part to help keep it that way.