Month: December 2013

Bob Diamond v Dani Rodrik on Africa’s growth prospects

Two diametrically opposed views of Africa appeared in my e-intray on the same day this week. The Financial Times reported that Bob Diamond, ex-boss of scandal-plagued Barclays Bank, had secured the preliminary support of several big institutional investors for Atlas Mara, his planned $250m cash shell, targeting the African banking sector. The FT gushed ‘Africa…

By admin December 18, 2013 1

Poor countries are losing $1 trillion a year to illicit capital flows – 7 times the volume of aid

I was surprised not to see more coverage of last week’s hard-hitting report from the Global Financial Integrity watchdog. Illicit Financial Flows from Developing Countries: 2002-2011 has a whole bunch of killer facts about the escalating haemorrhage of wealth from poor countries. Here are some highlights. My additions in square brackets/italics: “We estimate that illicit…

By admin December 16, 2013 18

How can campaigners tap corporate largesse without undermining their credibility? Unlocking millions for advocacy

It’s great to be accidentally topical. In the week that Save the Children had to fend off allegations of letting corporate funding influence its campaigns, here’s Oxfam America’s Chris Jochnick (@cjochnick) suggesting a way to accept money (in this case from extractive industries) while staying demonstrably independent Oxfam was recently approached by a major mining…

By admin December 12, 2013 4

Big food companies are moving from charity to rights. With one exception – Associated British Foods

Erinch Sahan (right), a private sector policy advisor at Oxfam GB, brings us up to date with the Behind the Brands campaign, and one particularly recalcitrant company. This is a story of a campaign on Big Food. A campaign successful in moving a bunch of companies, but struggling with one in particular. It is a…

By admin December 11, 2013 1

Ending poverty is about the politics of power: guest piece for the OECD

This guest rant of mine appeared in the OECD’s Development Cooperation Report 2013, published last week. The report, subtitled ‘Ending Poverty‘, is worth a skim – it’s a good survey of current debates on poverty and aid, with contributions from piles of wonks, followed by a donor-by-donor aid overview. A necessary starting point in any…

By admin December 9, 2013 8