Economic development updates

“Depriving the Poor of Energy Is Bad Climate Policy,” China Daily Op-Ed Warns

April 21, 2021by Mary Jane Freeman in Economic development updates, Environmentalism updates, Finance, General updates, Geopolitics updates, Green New Deal, Power & Energy

“Depriving the Poor of Energy Is Bad Climate Policy,” China Daily Warns in Lomborg Op-Ed

April 20, 2021 (EIRNS) – The President of the Copenhagen Consensus, Bjorn Lomborg, penned an op-ed published by China Daily yesterday, which contains a strong argument along the lines we have been hearing recently from Indian officials and others: They pay lip-service to the green paradigm, and then insist that those policies cannot possibly be imposed on the developing sector. Some quotes from Lomborg:

“To tackle climate change, rich countries are promising to end fossil fuel use in 29 years. As this becomes excruciatingly costly, the G7 is now thinking about making the world’s poor pay for it. That will go badly… Despite green protestations, rich people still get 79 percent of their energy from fossil fuels. Ending that will be hard, socially destabilizing and surprisingly ineffective. Besides, it will also destabilize rich countries… As climate policies reduce growth further, this will threaten long-term social coherence as people realize their children won’t be better off and pensions will wither. Moreover, the cuts will matter little for the environment.”

Lomborg continued: “Six billion not-rich people also want access to plentiful and cheap energy, lifting them out of hunger, sickness and poverty. They are more concerned about economic growth that will create welfare and resilience against disease and even climate change… The main effect of carbon tariffs is to shift the economic burden of developed-world climate policies to the developing world… [provoking] profound resentment with a rich world that claims to implement climate policies to help, but in reality shifts the costs onto the world’s poor… Depriving the world’s poor of the twin drivers of development, abundant energy and free trade, is unacceptable.”

“China’s Epic Journey from Poverty to Prosperity”— Pulling 770 Million People Out of Poverty

September 29, 2021by Mary Jane Freeman in China, Cultural renaissance updates, Economic development updates, General updates

Sept. 28, 2021 (EIRNS)—“China’s Epic Journey from Poverty to Prosperity,” in English a 72-page white paper, was released today by China’s State Council Information Office, giving their account as to how they were able to pull 770 million people out of deep rural poverty and to build the world’s largest social security system. Portions of it were summarized by Global Times.

The achievement of “moderate prosperity” (xiaokang) was achieved by attacking the biggest weakness of the society, the vast rural poverty. With a national mission, a strong central government, and a willingness to invest in projects that made sense over time, though they may not turn a profit overnight, they accomplished the work. And in doing so, they claim that the achievement not only helped China but contributes to peace and development, and so is the foundation for common prosperity. It is now the basis for China’s interaction with the rest of the world, centered around the offer of the Belt & Road.

With the profound experience of accomplishing a worthwhile national goal, China’s leader have their eyes on another 30-year goal: By mid-century, they mean to go beyond “xiaokang” to become “prosperous, strong, democratic, culturally advanced, harmonious and beautiful.” (That’s correct—“beautiful” is a key part of the mission task!) Midway, the 2035 goal includes a per-capita GDP of at least $20,000 (the World Bank standard of ‘moderately developed’). Global Times on Tuesday interviewed several key players in developing the intermediate 2035 goal. The former vice director of the Beijing Economic Operation Association, Tian Yun, identified rural revitalization as the key for the 2035 goal, and vital rural-urban connectivity. Urban jobs were necessary for converting migrant workers to the economic and cultural benefits of cities. So, modernization and industrialization are actually the road for rural revitalization. As the director of the China Agriculture Industry Chamber of Commerce, Sun Wenhua further developed the point: China has accelerated a new type of relationship between industry and agriculture, including efficient transportation infrastructure systems, and the two-way flow of goods and peoples. Finally, Bai Wenxi, chief economist of Interpublic Group of Companies, is cited: “To narrow the wealth gap and tackle imbalance development, China has a strong central government, which has the power of mobilization, and all levels of local governments are empowered by the staunch ability of implementation, and those are what makes China [able] to mobilize the whole country to achieve its goals, to make great progress.” His example made the point: The sending of experts to rural areas to assist in the assimilation and mastery of new technologies of production was a key expenditure of manpower and talent, although, “Those policies won’t have visible economic benefits in the short term.” But they are necessary, and it’s the role of strong centralized leadership that can make such long-term commitments work.

Chinese and Argentine Labs to Produce Sinopharm Vaccine in Argentina

May 8, 2021by Mary Jane Freeman in Argentina, China, COVID-19, Economic development updates, General updates, Global Diplomacy, Healthcare, Healthcare

Chinese and Argentine Labs Sign Deal to Produce Sinopharm Vaccine in Argentina

May 7 (EIRNS)–The Chinese embassy in Argentina together with Health Minister Carla Vizzotti announced May 5 that the Argentina laboratory Sinergium Biotech has signed an agreement with China’s state-run Sinopharm company by which Sinergium will produce the Sinopharm vaccine at its facility in Buenos Aires. The announcement was made following a high-level meeting including Chinese ambassador, Zou Xiaoli, Vizzotti, special presidential adviser Cecilia Nicolini, the Argentine ambassador in Beijing, Sabino Vaca Narvaja, and top executives from Sinergium labs and Sinopharm. According to the daily {Dangdai} the same day, the Chinese embassy tweeted that “the pharmaceutical companies of both nations will immediately begin consultations to get production started as soon as possible….As always, the Chinese embassy in Argentina will support the efforts of both countries to combat the pandemic, and will help Sinopharm in its close collaboration [with Argentina], so as to elevate the Chinese-Argentine response to this health emergency.” The plan is for Sinopharm to send the first batch of antigens to Argentina in June, so that Sinergium can begin to produce up to one million doses of the vaccine per week.

New World Food Program Emergency Appeal: 45 Million People on Verge of Starvation; $7 Bil Aid Required – or “Hell on Earth”

November 10, 2021by Mary Jane Freeman in Afghanistan, Agriculture, Economic development updates, General updates, Global Diplomacy, Haiti, Healthcare, World Food Program, Yemen

Nov. 8 (EIRNS)–The World Food Program has issued an emergency statement in the last 24 hours, reporting on the rise to 45 million people of those who are on the brink of starvation worldwide. This is an increase of 3 million from only a few weeks ago. The 45 million people are in 43 nations, and the recent increase is from Haiti, Ethiopia, Somalia, Kenya, Burundi and Kenya. Compare this 45 million number to 27 million, who were in this dire condition in 2019, which already was an intolerable number. Then came the pandemic, and now the hyperinflationary breakdown.

The WFP has raised its appeal for funds to cover the crisis up to $7 billion from $6.6. billion…” WFP Executive Director David Beasley explained that, “As the cost of humanitarian assistance rises exponentially, we need more funds to reach families across the globe who have already exhausted their capacity to cope with extreme hunger.”

Beasley stressed in the report, “Fuel costs are up, food prices are soaring, fertilizer is more expensive, and all of this feeds into new crises like the one unfolding now in Afghanistan, as well as long-standing emergencies like Yemen and Syria.”

Beasley was in Afghanistan over the weekend, on a fact-finding mission, where the WFP is ramping up its operations for aid to nearly 23 million people there. He told BBC yesterday, “It is as bad as you possibly can imagine, …In fact, we’re now looking at the worst humanitarian crisis on Earth. Ninety-five percent of the people don’t have enough food, and now we’re looking at 23 million people marching towards starvation,” he added. “The next six months are going to be catastrophic. It is going to be hell on Earth.”

He said, “To the world leaders, to the billionaires: imagine that this was your little girl or your little boy, or your grandchild about to starve to death. You would do everything you possibly could, and when there’s $400 trillion worth of wealth on the earth today, … shame on us that we let a single child die of hunger. Shame on us. I don’t care where that child is.”

China to U.S.: Choose Economic Development or Opium in Afghanistan

November 10, 2021by Mary Jane Freeman in Afghanistan, Agriculture, Economic development updates, Finance, General updates, Global Diplomacy

Nov. 9, 2021 (EIRNS)—China’s Global Times has some sound advice for the U.S. and its Western partners on how to best stop opium, build security, and secure political liberties in Afghanistan: help get its economy going again.

While the West “ponders” whether to give aid to Afghanistan, China’s ambassador in Kabul was busy opening an “Afghan trade lifeline.” The ambassador arranged for a Nov. 1 air shipment of 45 tons of Afghan pine nuts from Kabul to Shanghai. There, they were quickly packed and quickly sold on-line, Global Times reporter Mu Lu wrote yesterday, in an article titled “Afghans deserve to be better off through hard work, not planting opium.”

“How can a country achieve stability and long-term development, if its people live on drug cultivation?” Mu asked. Under the occupation and war, Afghanistan’s old infrastructure was destroyed, little new built, agriculture and animal husbandry stagnated, and Afghanistan became the world’s largest producer of opium. Washington now promises to offer humanitarian assistance, but only after freezing “nearly $9.5 billion in assets belonging to the Afghan central bank …. sow[ing] the seeds of economic collapse in Afghanistan.”

A Middle East Studies Institute professor at Shanghai International Studies University, Liu Zhongmin, made the key point: “Afghanistan will not realize stability without the fundamental underpinnings of economic development.” If the international community would start from the perspective of development, and help Afghanistan “integrate into the outside world with its own resources and advantages, ensuring the country a foothold in its own industry, the Afghan people will have the chance to really develop their motherland with assistance from other countries.”

Mu Lu concludes: “Stable, reliable work and income are important to help Afghanistan emerge from the drug economy of the past 20 years, and to give the Afghan people the opportunity to earn their way to prosperity. It is better to teach a man to fish than to give him fish. This is the responsible way to help Afghanistan.”

The Schiller Institute will be discussing some bold ideas for how to do this with Afghan and other representatives this week in Panel 2, “The Science of Physical Economy,” on the first day of its international conference this coming weekend. {Register today at: https://schillerinstitute.nationbuilder.com/202111_13-14_conference.}

Amidst Haitian-Dominican Tensions, Schiller Institute Plan for Haiti Cracks Open Debate of ‘What Is to Be Done’

November 3, 2021by Mary Jane Freeman in Activity of the Schiller Institute, Argentina, Dominican Republic, Economic development updates, General updates, Geopolitics updates, Global Diplomacy, Haiti

Nov. 2, 2021 (EIRNS)—As the security situation in Haiti worsens, with armed gangs continuing to prevent fuel distribution, and kidnapping and killing citizens from all walks of life, tensions between the governments of Haiti and the Dominican Republic have reached a dangerous high. Yesterday, Dominican President Luis Abinader issued an urgent tweet calling on the international community to respond to the Haitian security crisis, naming the U.S., Canada, France, and the EU in particular, for failing to respond to cries for help. Foreign Minister Roberto Alvarez also tweeted that the President has repeatedly called for the international community to organize summits to discuss the crisis in Haiti and map out a response, to no avail. No one has responded, the daily Listin Diario, reported him saying today. Haiti’s Foreign Minister, Claude Joseph, meanwhile responded to both Abinader’s and Alvarez’s tweets by calling on both countries to work together to deal with insecurity that affects them both, pointing to a recent State Department alert that also warned of growing crime and insecurity in the Dominican Republic. He urged Americans to exercise caution should they travel to Haiti’s neighbor on the island of Hispaniola.

Tensions are intensifying, however. While 12,000 Dominican soldiers are deployed at the border with Haiti, President Abinader announced Nov. 1 that he will take a tougher stance on Haitians entering the country illegally, on enforcing existing laws, preventing women more than six months pregnant from entering the country. He threatened to deport thousands of undocumented Haitians who work in construction and agriculture. There is a good deal of fear mongering from the Dominican side that Haitian gangs may try to invade the country, leading the former head of the Army, Jorge Radhames Zorrilla, and the organization of retired Generals and Admirals to offer their services to help “defend national sovereignty.”

It is noteworthy that in the midst of this tense situation, the Schiller Institute’s Plan for the Development of Haiti, whose English-, Spanish-, and French-language editions have circulated widely throughout Ibero-America and the Caribbean, including in both the Dominican Republic and Haiti, has set off something of a firestorm in the Twittersphere, changing the terms of the conversation. After Pope Francis issued a tweet Oct. 31 (@Pontifex_es) calling on people to pray for Haiti and urging the international community not to abandon it, and a Schiller Institute organizer responded that the mission established by Lyndon LaRouche after the 2010 earthquake “can and must be carried out, including with China, to lift Haiti out of its overwhelming poverty and convert it to an economic development model for the Western Hemisphere and the world,” and included the link to the Spanish-language version of the Haiti program.

This set off a series of other tweets from people of many different countries around the region, as far south as Argentina, including elected officials, lawyers, church officials, and academics, all commenting or making proposals on how to proceed, taking off from the Schiller organizer’s remarks. This included attacking the U.S. for its years of military invasions and imposing neoliberalism on Haiti. The Argentine respondent noted that the Schiller proposal “is a good one,” but added that Haiti’s location unfortunately “makes it politically conditioned by the U.S.” One LaRouche organizer pointed out to one tweeter that the program for Haiti is in fact a comprehensive program that can be applied to any country of the region, taking into account national differences, but starting from the standpoint that what’s needed is a “new paradigm of international relations.”

Schiller Institute Brings Haiti Development Plan to Spanish-Speaking Audience

November 10, 2021by Mary Jane Freeman in Activity of the Schiller Institute, Agriculture, Dominican Republic, Economic development updates, General updates, Global Diplomacy, Haiti, New financial order updates, Our economic development events, Power & Energy

Schiller Institute Brings Haiti Development Plan to Spanish-Speaking Audience –

Nov. 7 (EIRNS) – Some 40 people from nine countries in the Americas participated in a Spanish-language international dialogue on “The Schiller Institute Plan for the Development of Haiti” held Nov. 6 via Zoom video conference. The opening presentations were made by EIR’s Dennis Small and Plan co-author Cynthia Rush, followed by remarks from three respondents: Domingo Reyes (Dominican Republic, economist); Billy Anders Estimé (Haiti, co-founder of Café Diplo Haiti); and Caonabo Suárez (Dominican Republic, water expert). All three respondents emphasized the importance of the Schiller Institute’s global approach to solving the Haiti problem, denounced attempts to pit Haitians and Dominicans against each other, and urged the widest possible circulation of the Schiller Institute Plan (now available in English, Spanish, and French versions). The dialogue lasted almost three hours, and is now posted on the EIR Espanol YouTube channel https://youtu.be/q8S7W8TB2ZQ . The countries represented were Haiti, the Dominican Republic, Argentina, Bolivia, Chile, Colombia, Mexico, Peru, and the U.S.

Former Greek Premier Calls for BRI to Be Model of Cooperation Between China and EU

May 13, 2021by Mary Jane Freeman in China, Economic development updates, General updates, Global Diplomacy, Greece, New Silk Road / BRI updates

May 12 (EIRNS) — In an interview with Xinhua, former Greek Prime Minister George Papandreou called for the Belt and Road Initiative (BRI) to become a project for new relations between the European Union and Asia. “The Belt and Road Initiative should become a project of new relations, building the new and future relations of the European Union with Asia and of course with China,” he said. He added that because Greece has “worked closely with China for many years,” it is in a position to play a role in this effort. “Greece and China, as ancient cultures, have a lot to give not only to each other, but to the world,” the former prime minister stressed.

Papandreou cited China’s Cosco Shipping investment at Piraeus as an example of fruitful cooperation between Greece and China. Piraeus has been transformed into a major trading and transportation hub for goods both ways. In addition to trade, Papandreou said, Greece and China can collaborate in areas such as the environment, tourism, as well as in the exchange of traditional medicinal and wellness knowledge, among others. Papandreou is currently a member of the Greek parliament and the President of the Socialist International (SI). He has consistently called for cooperation with China, despite the positions of other member parties in the SI.

A recent example is a meeting via video link between Papandreou and Song Tao, Minister of the International Department of the Central Committee of the Communist Party of China (CPC), on April 2, where Papandreou said, “We need to find ways to lower the tensions around these issues [human rights issues] and actually have a dialogue… If we get into this tit-for-tat policy, it often escalates. In the zero-sum game, nobody wins or everybody loses it”. He also praised the successful fight against poverty. As vice chairman of the International Olympic Truce Centre, Papandreou also spoke highly of China’s contribution to the Olympics. “As a Greek, and also as part of the Olympic movement, we see the Olympics as neutral ground, one which should not be politicalized,” he said, referring to recent contentions around a range of issues between China and the United States.

Nigerian VP Osinbajo: “Banning Fossil Fuel Investments Would Crush Africa”

November 10, 2021by Mary Jane Freeman in Economic development updates, Environmentalism updates, Finance, General updates, Global Diplomacy, Nigeria, Nigeria

Nigerian VP Osinbajo: “Banning Fossil Fuel Investments Would Crush Africa”–

Nov 8 (EIRNS)–Adding another voice to the African chorus denouncing the Green Reset– Mark Carney’s drive to “red-line” the developing world, by refusing credit for projects and even proffering pay-offs to never develop your nation– is Nigeria’s Vice President, Yemi Osinbajo. He wrote an article this Summer, that was re-posted last week during the COP26 Summit. He states that “wealthy nations” cutting investment avenues for carbon-based energy sources in Africa– especially after having profited from them for decades– “will do little to limit carbon emissions globally but much to hurt the continent’s economic prospects.”

Nigeria, a country rich in petroleum and natural gas, is being forced to deny itself the benefit of {its own} resources, Osinbajo says, because the only investments which can be financed are for (interruptible) solar and wind. “For countries such as my own, Nigeria, which is rich in natural resources but still energy poor, {the transition must not come at the expense of affordable and reliable energy} for people, cities, and industry. To the contrary, it must be inclusive, equitable, and just – which means preserving the right to sustainable development and poverty eradication, as enshrined in global treaties such as the 2015 Paris climate accord.”

The Vice President writes, “Africa’s progress could be undone by the rich world’s efforts to curb investments in all fossil fuels,” pointing out with bitter irony that, “Institutions such as the U.S. International Development Finance Corporation and the World Bank’s International Finance Corporation {were specifically created to help spur high-impact projects},” the very kind of which they are now refusing to let go forward. [emphasis added]

The fact that Osinbajo wrote this piece, titled, “The divestment delusion: Why banning fossil fuel investments would crush Africa,” over two months ago –about the time that the multinationals were beating a retreat from one of the world’s largest natural gas developments, in Mozambique– should not reduce the power of his statement, in fact just the opposite. Originally published in the August 31 issue of the Foreign Affairs, the magazine of the imperial Council on Foreign Relations, Osinbajo’s piece was republished last week by the Habari Network a publication focusing on Africa and the Caribbean. While the post therefore may not reflect the latest developments in Glasgow, the sentiment and the validity of the charges made against the “climate mafia” in the U.K., the U.S. and Western Europe continue to ring true. The Habari Network article appears here. The original article in Foreign Affairs is here.

`… Soaring Food Prices and Conflict’ Increases Hunger by a Third in West Africa

April 20, 2021by Mary Jane Freeman in Agriculture, COVID-19, Economic development updates, General, General updates, Geopolitics updates, Healthcare, Healthcare, The Committee for the Coincidence of Opposites

`Explosive Mix of Soaring Food Prices and Conflict’ Increases Hunger by a Third in West Africa

April 19 (EIRNS) — The hunger situation in Africa continues to deteriorate, as relief efforts continue to be overwhelmed with new crises, and receive little help in response to their calls. In an April 16 release under the above title, the World Food Program warned that “more than 31 million people in [western Africa] are expected to [become] food insecure and unable to feed themselves during the coming June-August lean season – the period when food is scarce before the next harvest. That number is more than 30 percent higher than last year and is the highest level in the best part of a decade.

“Food prices have increased dramatically across the region. Local staples are up by nearly 40 percent over the 5-year average, and in some areas, prices are up by more than 200 percent. This is caused in part by the economic impact of measures put in place to contain the spread of the coronavirus over the past year. People’s incomes have plummeted due to reductions in trade, tourism, informal activities and remittances.”

Chris Nikoi, WFP’s Regional Director for West Africa, explained that, “In West Africa, conflict is already driving hunger and misery. The relentless rise in prices acts as a misery multiplier, driving millions deeper into hunger and desperation. Even when food is available, families simply cannot afford it – and soaring prices are pushing a basic meal beyond the reach of millions of poor families who were already struggling to get by. The needs are immense, and unless we can raise the funds we need we simply won’t be able to keep up. We cannot let 2021 become the year of the ration cut,” he warned. [emphasis added]

This year, almost 10 million children under 5 are acutely malnourished across the region,” the WFP says, “with the Sahel alone accounting for half of that number. This number could rise significantly alongside the projected 30 percent increase in hunger, and the high prices of nutritious foods.”

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