Tag: Aid

Dambisa Moyo goes stellar – why? Some reviews by fellow Africans and others, including me

The Dambisa Moyo phenomenon shows no signs of abating, with a front page story in the FT and an elevation this month to Time Magazine’s list of the world’s 100 most influential people. The publicity is also selling a lot of books – she’s currently 3rd in Amazon US sales rankings for books on ‘policy and current […]

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US aid reform takes off

Shortly after the US election, I blogged about the promising discussions on US aid reform in Washington. Those are now starting to bear fruit. In late April, Howard Berman, Chairman of the House Foreign Affairs Committee, introduced a bill (The Initiating Foreign Assistance Reform Act of 2009–HR 2139). Here are some of his covering remarks: […]

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Why the UK held the line on aid spending, despite the recession

Apologies for a bit of British parochialism, but this story has wider ramifications. A combination of political leadership and grassroots activism scored a real victory for the UK aid budget yesterday. Here’s why. All the headlines on Wednesday’s budget statement by Chancellor of the Exchequer (Finance Minister) Alistair Darling were about the dire state of […]

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What the IMF will be discussing this weekend

The global diplomatic circus that so recently met at the G20 summit in London is reconvening in Washington for the IMF and World Bank spring meetings this weekend. These are usually the lesser of the Bretton Woods Institutions’ (BWIs) two yearly jamborees (the Annual Meetings are held in September) but the momentum provided by both the […]

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Is British aid bad? Owen Barder locks antlers with Bill Easterly

Time for a little attention to the rising aid sceptic tide. A number of books (Dambisa Moyo, Jonathan Glennie, Michela Wrong), blogs etc have been trashing aid with both good and bad consequences. Good in that, as From Poverty to Power argues, there is lots wrong with the aid system that urgently needs fixing (and […]

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IMF finally calls it – the world economy will shrink in 2009, and developing countries are hit harder than we thought

Every revision of global growth predictions has been heading towards zero, and now the IMF, in its report to the G20 finance ministers’ meeting last weekend,  has taken the next step. It predicts the world economy will shrink in 2009, (by minus 0.5-1%) for the first time in 60 years. It’s pretty safe to assume […]

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The Millennium Development Goals: what have they achieved? What next?

Last week I spent a day closeted with statisticians, UN officials and academics reviewing the MDG phenomenon. Agreed off the back of the Millennium Summit in (unsurprisingly) 2000, the MDGs, setting out 2015 global targets on everything from health to education to poverty, have become a familiar part of the aid landscape, a reference point […]

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I’ll see your trillion and raise you another one: how big a bailout does the developing world need?

Talk of mere billions is for wimps these days. I’ve just read two proposals for ‘big numbers’ on bailouts to help developing countries get through the global economic crisis, one from the World Bank’s chief economist, Justin Lin, and the other from Washington thinktank CGD’s Nancy Birdsall. Nancy’s paper,  entitled ‘How to Unlock the $1 […]

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Links I liked: Rodrik reflates; Brown goes Green; Ireland backslides on aid; plus Life of Brian

Dani Rodrik talks sense as always, this time about how to engineer a quick bailout for poor countries – the IMF engineers a massive fiscal stimulus Gordon Brown nails his colours to the climate change mast in Davos: ‘we cannot afford to relegate climate change to the international pending tray because of our current economic […]

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Links I liked: celebrity cheese, aid sceptics and antidotes for cynicism

Celebrities, hope, cheese c/o Chris Blattman A clever video to help you rewind apathy here A happy day for all the aid sceptics out there – William Easterly is taking no prisoners on his new ‘Aid Watch’ blog James Meek in the Guardian on what it feels like to be living and thinking your way through […]

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A Billion Hungry People – remember the food price crisis?

Read this paragraph: ‘Despite the recent creation of a United Nations High Level Task Force, there is still little coordination or collaboration among UN organisations, the World Bank/International Monetary Fund (IMF) and other donors. There is no functioning global mechanism to ensure coordination and policy coherence of the various actors, thus adding complexity to the […]

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Promises v Reality: The Widening Credibility Gap on Aid

The backsliding began almost as soon as the ink was dry on the promises of increased aid made at the 2005 G8 summit in Gleneagles. Have a look at the graphic, based on the latest figures.     It comes from a recent analysis of the latest aid numbers by ace crunchers, Development Initiatives, by […]

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