Commentaries

Back to the future: taxing finance

In this era of budgetary obsession, we need to make sure everyone pays their fair share, even the well-protected financial services industry. Reinstating a small tax on financial trades would not only generate significant revenue, it would help stabilize markets that have caused so much turmoil in recent years.

Free trade versus food democracy

April 17, 2013 – There has been a quiet revolution going around the world, as communities and nations retake control of their food systems. In the U.S., more people are taking a look at processed foods at the supermarket and opting instead for healthier choices, grown locally with fewer pesticides.

A year of squandered opportunities to resolve the food crisis

January 31, 2013 – A drought in the United States last year sparked the third price spike in international food commodity markets in the last five years, again pushing maize, wheat, and soybean prices to record highs. Why are we still seeing such volatility six years after prices shot up in 2007? Have global leaders taken action to address the causes of this new food crisis?

Crisis or opportunity in the multilateral trade system?

October 10, 2012 – It was fascinating to attend the WTO public symposium at the end of September, an event framed around the question: “Is Multilateralism in Crisis?” The question invited far more yesses than noes, although there was a healthy sprinkling of determined optimists in the crowd as well. Yet the optimists did not talk much about trade.