"A Review of the Seventh Forum of the World Association for Political Economy"

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"After the world economic crisis broke out in 2008, some developed capitalist
countries adopted right-wing policies to rob the poor for the rich, at the expense of developing
countries with no concern over the ecological environment. They succeeded in helping the giant
financial capitalists, but exacerbated the governmental debt crisis, and did little to relieve the
unemployment crisis. They have increased the suffering of the majority of workers, did harm to the
long-term ecological environment, and consequently caused the resistance and protest of workers
at home and abroad. It has also forced developing countries to strengthen cooperation between
each other, especially among the BRICS countries, and caused people to think about alternative
institutions and specific programs which are better for ecology and human development. To that
end, the World Association for Political Economy (WAPE) held the 7th Forum to make in-depth
discussion on these issues."
Original languageEnglish
Pages (from-to)376-385
Number of pages10
JournalWorld Review of Political Economy
Issue number3
Publication statusPublished - 2012


  • World Association for Political Economy
  • world economic crisis
  • capitalist countries


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