global financial crisis

How does Europe’s crisis look through the eyes of an international aid agency?

admin - September 12, 2013

Back in 1942, during World War Two, Oxfam came into existence to lobby the British Government to ease the allied blockade of Nazi-occupied Greece. 70 years and a European miracle later, might we be once again about to send aid teams to Athens? I’m sitting in Australia as I write this, and it feels like I can almost see Europe shrinking and sliding backwards. An …

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How have a series of global shocks changed the way we think about development?

admin - May 9, 2013

This piece appears in today’s Ottawa Citizen The past five years has been a period of extraordinary global turbulence. The turmoil has struck as three “shocks” — the financial crisis, a breakdown in the world food system, and the Arab Spring — combined with a slow motion train wreck in the form of the seemingly inexorable onset of chaotic climate change. Together, these are having …

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What’s New in Development? Introducing the Second Edition of ‘From Poverty to Power’

admin - January 10, 2013

Here’s what the new edition of FP2P adds to the first (in case you want to save yourselves a few quid). This was recently published by the UN University as part of its ‘WIDER Angle’ series Updating a book on contemporary events can be unnerving. In the intervening years, events and new thinking combine to expose theweaknesses of any text. Even more so with a …

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‘As serious as a heart attack’: Robin Hood Tax Global Week of Action Kicks Off

admin - May 18, 2012

Update on substantial progress (and the risk the money raised won’t go to development and climate change) from Oxfam head of advocacy (and generally merry man) Max Lawson This week sees a Global Week of Action for the campaign for the Robin Hood Tax (aka the Financial Transactions Tax, or FTT). The FTT rose to prominence as a result of the financial crisis, which continues to …

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Is this the UN's most powerful critique to date of finance-driven globalization?

admin - March 7, 2012

Ten years ago, Supachai Panitchpakdi was in charge of the World Trade Organization as it led a global push for the liberalization of trade, investment and just about everything else in the early days of the Doha Round. The talks ran aground (they still aren’t concluded) amid a big pushback from many developing countries (backed by organizations like Oxfam) against the free market fundamentalists. Now Supachai …

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How will political and economic shocks drive social change? Please help me write a paper…..

admin - March 1, 2012

Something almost unprecedented has occurred – I’ve finished an article early. Oxfam Peru is a redoubt of intellectuals and every year publishes an annual collection of essays on the state of Peru and development in general. This year they’ve asked me to focus on shocks and change, so I’ve donned my false beard and cardigan and had a go. Here is a short summary of …

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Emerging v Developed Countries: high speed history

admin - August 10, 2011

This week’s Economist has a striking update on the historically breakneck shift in the global balance of economic power towards the ‘emerging economies’. It uses the IMF’s pre-1997 categories of developed and developing (now rebranded ‘emerging’) to avoid the confusion caused by the upgrading of countries to developed status as they get richer. “The combined output of the developing economies accounted for 38% of world …

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