Credit rating agencies (CRAs) play a central role in shaping access to finance for countries in the Global South by influencing borrowing costs, investor perceptions and market access. Although presented as neutral and technical, their assessments directly affect the cost and availability of external financing, often constraining fiscal space and limiting development spending.
Category: News (page 2 of 88)
This is an updated version of the Call, which has been endorsed by more than 200 civil society organizations in September 2020. The revision is made in light of new political developments through April 2026.
America First exacerbates global instability as war on Iran leads to latest economic shock
Ten years after the world first glimpsed the Panama Papers, the shadow empire of the super-rich is no less formidable. New analysis from Oxfam reveals a staggering truth: the untaxed wealth hidden offshore by the richest 0.1 percent now exceeds the combined wealth of the poorest 4.1 billion people on Earth. That’s not a statistic—it’s a moral indictment.
Trillions Hidden, Humanity Starving: The Super-Rich vs. the Rest of Us
Hundreds of millionaires are trying to escape the US
buying golden visa …
A new report from EAPN: a new political ambition is necessary, not to reduce poverty but to eradicate it!
The Idea Whose Time Has Come?
A remarkable consensus on social rights is emerging as Europe’s answer to inequality, democratic backsliding and geopolitical upheaval.
Social Rights: The Idea Whose Time Has Come? – Social Europe
Despite lacking both evidence and theory, many economists claim trade liberalisation accelerates development. But only a few economies have gained many jobs from external market access.
Most economies have experienced greater deindustrialisation and food insecurity, besides deepening their vulnerability to recent tariff threats
Trade Liberalisation Undermines Development | Inter Press Service
The report reveals both the concentration of illicit flows in the region’s largest economies and some striking outliers among smaller states. Cumulatively over 2013 to 2022, the Western Hemisphere’s trade gaps totaled roughly $3.64 trillion.
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