How the global crisis is affecting Latin America and the Caribbean, and which governments are responding well

Here are the main findings of a new paper of mine on the impact of the global economic downturn on Latin America and the Caribbean. It’s part of Oxfam’s series of studies of the development impact of the global crisis (for an overview click here). Top line message, how governments are responding to the crisis…

By admin April 1, 2009 1

The global bank bailout is enough to end (that’s ‘end’, not just halve) world poverty for 50 years

Here are some killer facts on the global economic crisis and the response. First the bail out: globally, as of January 2009, a calculation for Oxfam shows that banks and other financial service firms have already received or been promised at least $8.424 trillion. The breakdown is $903 billion of government capital injections; $661 billion…

By admin April 1, 2009 2