Economists Launch Blog on ''Triple Crisis'' in Finance, Development, and Environment .
Feb 10, 2010.
Triple Crisis Blog to Bring Global Perspectives to Policy Debate

On February 1, new voices joined the policy debate on the global crises in finance, development, and the environment. The
''TripleCrisisBlog,'' with an initial roster of economic analysts from nine countries, was launched by the Global Development and Environment Institute (GDAE) at Tufts University (USA), India's Economic Research Foundation (ERF), and the Heinrich Boell Foundation-U.S. The initiative is chaired by GDAE's Kevin P. Gallagher and ERF's Jayati Ghosh.

''Crises are not new to the world economy, nor to developing countries,'' Gallagher and Ghosh write in their introductory post. ''Indeed, our current predicament is a convergence of at least three crises: in global finance, development, and environment. These areas are seemingly disparate but actually interact with each other in forceful ways to reflect major structural imbalances between finance and the real economy; between the higher income and developing economies; between the human economic system and the earth's ecosystems. This blog seeks to contribute to a more open and global dialogue around these three crises: about how they interact, and how they can collectively be solved.''

The TripleCrisisBlog starts with an unprecedented diversity of analysts from the global North and South. In addition to Gallagher and Ghosh, the roster includes: Jeff Madrick, Sanjay Reddy, Mehdi Shefaeddin, Charles Abugre, Martin Khor, Alejandro Nadal, Matias Vernengo, Adil Najam, CP Chandrasekhar, Jim Boyce, Ilene Graebel, Gerhard Schick, Timothy A. Wise, Lyuba Zarsky, and Frank Ackerman. Ghosh and Gallagher will co-chair the project, with Wise serving as "managing editor."

''While there are a number of commendable blogs on various aspects of these three crises,'' note Gallagher and Ghosh, ''this blog will examine all three crises and from a global perspective not often found in mainstream media outlets.''

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