new distribution of the strategic, geoeconomic, military and political potentials is currently taking place in the world. Hence we must orient these new mechanisms towards a peaceful, homogeneous and stable development of the world market and the world system. Otherwise - and once again there are signs of a possible war - our global system will collapse without producing practicable alternative options.

PEC, which is the cartel of the 14 major oil producers, has recently adopted a policy that is bound to change all future political, strategic and economic equilibria.

ust a week after his official installation at the White House, Donald J. Trump lashed out at China, accused of manipulating its currency to "win the globalization game", but also at Germany which, as the President of the new National Trade Council, Peter Navarro, said "is exploiting both its neighbours and the United States with the euro".

overty alleviation has implied an important goal for developing countries and policy-makers throughout the last century. Recently, organisations such as the United Nations and the World Bank have reported an increasing necessity for centring efforts on facing determinant factors of poverty growth in such countries.

he global rise of cities has been unprecedented. Every week, nearly 1.5 million people become urban dwellers. By 2050, the urban population will account for more than two-thirds of the world’s population.

usiness cycles are common phenomena in the countries’ economy, implying a puzzling pattern that behavioural economists try to study and forecast.

mall and medium-sized enterprises along the routes of the “One Belt, One Road” initiative – often referred to as the New Silk Road – can boost the GDP of their countries by 4% to 7% as a result of increased market access, a new World Economic Forum study finds. Lack of access to global markets is currently their main impediment to growth.

he World Economic Forum today issued a report proposing a shift in economic policy priorities to respond more effectively to the insecurity and inequality accompanying technological change and globalization. The Inclusive Growth and Development Report 2017 concludes that most countries are missing important opportunities to raise economic growth and reduce inequality at the same time because the growth model and measurement tools that have guided policymakers for decades require significant readjustment.

n light of the termination of the US dollar convertibility to gold (end of the Breton Woods exchange rate system, 1971-73), there has been reported a considerable rise in the short-term volatility of the relative price between countries—a dramatic mean-reverting, fluctuating behaviour.

t was the worst of times, it was the best of times.” Thus begins A Tale of Two Cities. Perhaps we are now living in such times, when the vision of a new social system beyond capitalism can finally be entertained if not realized. The inevitable question arises: what exactly needs to be done?

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