Every region of the World is the worst affected

Economy, Policies

Every region of the World is the worst affected

Each month, the UN’s Food and Agriculture Organization (FAO) releases a monthly food price index. The release on 3 June showed that food prices have surged by 40%, the largest rise since 2011. The impact of this food price rise will grievously hit developing countries, most of whom are major importers of food staples.

Prices rise for a range of reasons, the current rise largely fuelled by the collapse of sizeable sections of the global economy during the pandemic. Warnings of general inflation due to lockdown-related pent-up demand, shipping bottlenecks, and oil price increases loom over richer states, which–due to the power of the wealthy bondholders–have few tools to manage inflation, and by poorer states, which swirl in a cataclysmic debt crisis.

Rising food prices come at a time when unemployment rates in many parts of the world have skyrocketed. On 2 June, the International Labour Organisation (ILO) released its annual World Employment and Social Outlook: Trends 2021 report, which showed, as expected, that the pandemic-related economic collapse has meant the loss of hundreds of millions of jobs and working hours.

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The Darker Nations: A People’s History of the Third World (New Press People’s History)

Demographic, Wild Cards

The Darker Nations: A People’s History of the Third World (New Press People’s History)

Here, from a brilliant young writer, is a paradigm-shifting history of both a utopian concept and global movement—the idea of the Third World. The Darker Nations traces the intellectual origins and the political history of the twentieth century attempt to knit together the world’s impoverished countries in opposition to the United States and Soviet spheres of influence in the decades following World War II.

Spanning every continent of the global South, Vijay Prashad’s fascinating narrative takes us from the birth of postcolonial nations after World War II to the downfall and corruption of nationalist regimes. A breakthrough book of cutting-edge scholarship, it includes vivid portraits of Third World giants like India’s Nehru, Egypt’s Nasser, and Indonesia’s Sukarno—as well as scores of extraordinary but now-forgotten intellectuals, artists, and freedom fighters. The Darker Nations restores to memory the vibrant though flawed idea of the Third World, whose demise, Prashad ultimately argues, has produced a much impoverished international political arena. 12 b/w photographs.

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The Darker Nations: A People’s History of the Third World (New Press People’s History)

Demographic, Wild Cards

The Darker Nations: A People’s History of the Third World (New Press People’s History)

Here, from a brilliant young writer, is a paradigm-shifting history of both a utopian concept and global movement—the idea of the Third World. The Darker Nations traces the intellectual origins and the political history of the twentieth century attempt to knit together the world’s impoverished countries in opposition to the United States and Soviet spheres of influence in the decades following World War II.

Spanning every continent of the global South, Vijay Prashad’s fascinating narrative takes us from the birth of postcolonial nations after World War II to the downfall and corruption of nationalist regimes. A breakthrough book of cutting-edge scholarship, it includes vivid portraits of Third World giants like India’s Nehru, Egypt’s Nasser, and Indonesia’s Sukarno—as well as scores of extraordinary but now-forgotten intellectuals, artists, and freedom fighters.

Read More