Tag: financial crisis

‘Working for the Few’: top new report on the links between politics and inequality

As the world’s self-appointed steering committee gathers in Davos, 2014 is already shaping up as a big year for inequality. The World Economic Forum’s ‘Outlook on the Global Agenda 2014’ ranks widening income disparities as the second greatest worldwide risk in the coming 12 to 18 months (Middle East and North Africa came top, since […]

Read More »

From pinstripes to poverty: a refugee banker’s first 100 days at Oxfam

Oxfam is always keen to employ unusual suspects, none more so than Will Martindale, a banker turned “do gooder” (right, and no, that isn’t his Oxfam desk). Here he reflects on his first 100 days working among the (supposed) angels. Banking. Most hate it. Few understand it. And I miss it. I miss the pace, the […]

Read More »

"Be Outraged!" Some big names in development take on the Austerians

This week Oxfam supported the publication of ‘Be Outraged’, an angry and eloquent broadside from some big names in the development scene, including Richard Jolly, Carlos Fortin, Giovanni Andrea Cornia, Diane Elson, Ruth Pearson, Frances Stewart and Stephany Griffith Jones. Many of them led the fightback in the late 1980s against the excesses of the […]

Read More »

How can you regulate the beat of a butterfly’s wing?

OK, this may be a bit pointy headed, but it has got me thinking. I ran an early draft of this post past Ben Ramalingam (see pic), who thinks a lot about this kind of thing, and include some of his comments here. Fact one: we NGOs are always calling for the regulation of what […]

Read More »

How can advocacy NGOs respond to the global meltdown? FP2P Flashback

OK, it’s looking ever more likely that we are heading for a European double plunge recession (double dip sounds too pleasant), so here’s some thoughts from December 2008 about how to respond. Ever since the global financial and economic meltdown broke, NGO colleagues have been debating how to respond. That debate is now focused on […]

Read More »

The Globalization Paradox, a great new book from Dani Rodrik

Dani Rodrik is one of the handful of heterodox heroes, prominent economists who took on the lazy thinking of the Washington Consensus in its prime, and continue to dance productively on its grave. His latest book, The Globalization Paradox: Why Global Markets, States and Democracy Can’t Coexist, feels like a Big Book, one that may […]

Read More »

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 […]

Read More »

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 […]

Read More »

Is The Economist going socialist?

The back half of The Economist (business, finance and economics) is having an excellent crisis. If you’re willing to filter out the gratuitous (and increasingly defensive) neoclassical riffs, there is some really excellent analysis in there and even some (perhaps inadvertent) progressive thinking. This week’s edition includes a three page briefing on the Asian economies and […]

Read More »

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 […]

Read More »

Links I liked: mobiles v coke; Obama’s Mandela moment etc

Are mobiles the new Coca Cola? Mobile phones are held up as the most promising aspect of new technology in terms of helping poor people improve their lives, but some new research suggests people are cutting back on food and other essentials to pay for the all important status symbol. See here for a summary […]

Read More »

Financial Crisis: Calvin and Hobbes called it 15 years ago

thanks to an unlikely source for this. the World Bank’s Crisis Talk website.  

Read More »