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12 April 2007
Battling over the world's oil reserves
ALISTAIR TICE looks at the rivalry for access to the world's oil supplies and assesses the likely consequences for the world economy, and the continued dominance of US imperialism....
7 February 2007
The writing on the Chinese wall
Can China achieve the transition from 'communism' to capitalism? How long will its turbocharged economic growth last? Peter Taaffe, Socialist Party general secretary, reviews The Writing on the Wall - China and the West in the 21st Century by Will Hutton
1 June 2006
World economy: IN THE second week of May there was a convulsion in the world financial system. Shortly after rising to near-peak levels, shares fell sharply on world stock exchanges, especially in so-called 'emerging markets' like India and Turkey. Lynn Walsh examines these events and exposes the instability of the global capitalist system.
22 February 2006
THE FAILURE of the capitalist powers at the recent WTO (World Trade Organisation) talks in Hong Kong to further 'liberalise' world trade reflects the growing difficulties and contradictions inherent in the world economy...
4 December 2004
Committee for a Workers' International: Building the forces of socialism worldwide
Committee for a Workers' International: THE INTERNATIONAL Executive Committee (IEC, the elected leadership of the Committee for a Workers' International - CWI) recently met to discuss the impending crisis in the world economy, the effect of Bush's re-election and the continuing bloody occupation of Iraq and Europe...
21 August 2004
Oil prices set to rock world economy
WORLD LEADERS are showing considerable worry about the continued rise in oil prices. On 10 August, US light crude broke the $45 a barrel mark, the highest price ever in New York. Oil prices have risen 30% this year alone...
22 May 2004
New shocks cast cloud over world economy recovery
THE RECOVERY in the world economy continues to assume an anaemic character. While most attention is currently fixed on the debacle in Iraq, serious commentators fret that accumulated economic imbalances could yet derail the fragile and contradictory...
28 February 2004
World Currencies - Turbulent Times Ahead?
ECONOMISTS WORLDWIDE are grasping at any sign of a revival in the US and world capitalist economies...
18 October 2003
World economy: Will There Be A Recovery?
CAN US capitalism pull the world economy out of its present stagnation? Japan has been stuck at near-zero growth for over ten years...
19 April 2003
Reconstruction after war: Who Gains And Who Loses?
Bosnia Herzegovina: FOLLOWING ITS bloody conquest of Iraq, the US administration is now trying to impose a 'reconstruction' plan on the country...
14 March 2003
World economy: Is War Good For Business?
FINANCE MINISTERS from the seven largest economies in the world met recently to debate how to revive the sick world economy. However, there was little agreement on how to revive the patient, writes Kevin Parslow.
9 November 2001
World Economy: Deepest Downturn Since The 1930s?
THE USA's economy is contracting in its worst industrial crisis since 1945. In the three months ending in September its gross domestic product (GDP) was shrinking at a 0.4% annual rate while consumer...
7 September 2001
Argentina: No Light At The End Of The Tunnel
ARGENTINA'S FINANCIAL crisis is threatening an economic meltdown which could also sink the economies of South and Central America and have a catastrophic impact on the world economy...
7 September 2001
World Economy: The Panic Spreads
A RECENT Economist special report on the world economy, 25 August, sums up the panic now gripping the capitalists internationally...
10 August 2001
World Economy: Here comes the slump
The Bank of England's fourth cut in interest rates this year was prompted by government figures showing manufacturing in sharp decline, with 35,000 jobs lost in the last week alone...
30 March 2001
Frenzied speculators enter the deflationary spiral
IT WAS panic on the financial streets of London, New York, Tokyo, Paris and other world financial centres last week as stock markets went into simultaneous freefall...
8 December 2000
Fight Global Capitalism: For workers unity and world Socialism
Representatives of the Committee for a Workers' International (CWI - the Socialist International organisation to which the Socialist Party is affiliated) recently met to discuss developments in the capitalist world economy, the political struggles of the working class, and the prospects for sociali...
4 August 2000
Capitalism's chaos and the socialist alternative
A World to Win: THE ANNUAL European school of the Committee for a Workers' International (CWI - the international socialist organisation which the Socialist Party is affiliated to) was held recently in Belgium...
21 April 2000
What we think: IT WAS almost inevitable that as the International Monetary Fund (IMF) gathered in Washington to issue its upbeat forecast for the world economy, the biggest stock market panic since 1987 followed...
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