A Review of the Seventh Forum of the World Association for Political Economy. (1st October 2012)

• Record Type: Journal Article
• Other Names: translator.
• Is Part Of: World review of political economy. Volume 3:Number 3(2012)
• Page Start: 376
• Page End: 385
• Publication Date: 2012-10-01
• Subjects: World Association for Political Economy -- world economic crisis -- capitalist countries; Economics -- Political aspects -- Periodicals; Economic development -- Periodicals; Economic policy -- Periodicals; Economic development; Economic policy; Economics -- Political aspects; Periodicals; 330.05
• DOI: 10.13169/worlrevipoliecon.3.3.0376
• Languages: English
• ISSNs: 2042-8928

Abstract

Abstract : After the world economic crisis broke out in 2008, some developed capitalist countries adopted right-wing policies to rob the poor for the rich, at the expense of developing countries with no concern over the ecological environment. They succeeded in helping the giant financial capitalists, but exacerbated the governmental debt crisis, and did little to relieve the unemployment crisis. They have increased the suffering of the majority of workers, did harm to the long-term ecological environment, and consequently caused the resistance and protest of workers at home and abroad. It has also forced developing countries to strengthen cooperation between each other, especially among the BRICS countries, and caused people to think about alternative institutions and specific programs which are better for ecology and human development. To that end, the World Association for Political Economy (WAPE) held the 7th Forum to make in-depth discussion on these issues.