International Viewpoint - online socialist magazine

China cannot save the world from crisis

Jean Sanuk — 2011-11-17T20:41:05Z

While North America and Europe were hard hit, China has resisted the international crisis of 2008 thanks to a rescue plan which combined huge public spending, a low interest rate and consumption subsidies.

- IV442 - November 2011

China's rise amidst the crisis

Jean Sanuk — 2011-05-05T08:39:34Z

While North America and Europe were hardly hit, China has resisted to the international crisis of 2008 thanks to a rescue plan which combined huge public spending, a low interest rate and consumption subsidies. China's growth rate reached 9% in 2009 and 10.3% in 2010 dragging in its wake Asia and Latin America out of the crisis. It has also managed to maintain unemployment at a sustainable level. China even overtook Japan in 2010 as the second economy in the world in terms of GDP and is closing the gap with the US. On the whole, China's rise seems unaffected by the subprime crisis. A closer look shows that real problems lie ahead.

- IV436 - May 2011 / China, Economic crisis

Economists' seminar discusses the crisis

Jean Sanuk — 2009-11-30T14:42:31Z

A seminar of economists and leading members of the Fourth International was held from 2-4 October at the International Institute of Research and Education (IIRE) in Amsterdam.

- Economic and debt crisis / Fourth International, Economy, Economic crisis