Tag: G20

What happened at the Pittsburgh G20?

I didn’t attend the G20 summit in Pittsburgh last week, but I’ve been poring over the communiqué. Here are some initial thoughts on what it all means (numbers in square brackets refer to paragraphs in the original), incorporating analysis and intel from the Oxfam team at the event. Headline: Pittsburgh formally enshrined the rise of […]

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How to find $280bn for poor countries this weekend

This weekend the finance ministers of the G20 – the world’s most powerful nations -will meet in London.  While the rich world’s green shootists apparently feel that the worst of the economic crisis is behind us, the poorest countries are being hammered, with those living on the margins of the global economy paying the highest […]

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Did you notice last week’s UN Conference on the crisis? Thought not…..

In the end the UN Conference that considered Joe Stiglitz’s Commission’s report on the crisis was even more underwhelming than I predicted (given the chaotic preparations, which included a last minute postponement). Only 14 heads of state attended, 10 of them from Latin America; most of Stiglitz’ recommendations bit the dust (e.g. his proposal for […]

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The G20: What happens next?

Now the dust has settled, we’ve caught up on lost sleep, and recovered from that slight hint of Stockholm Syndrome created by the collective hysteria of a summit, it’s time to stand back and think about what happens next. As part of that exercise, here are the forward-looking processes that the G20 put in place […]

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Fidel uses Oxfam killer fact

I’ve been up since 5am writing on Oxfam’s post mortem on the G20 summit (will post on it later today), but have been completely distracted by this email that just came in to alert me that Fidel Castro is citing Oxfam’s work, including our latest killer fact, in his regular ‘reflections of Comrade Fidel’ column […]

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Final post from the London Summit – full analysis to follow tomorrow

So, it’s 7.30pm, some 14 hours after I started blogging this morning, and Obama is wrapping up his press conference. He looks exhausted. And the big question is, has this been a historic day or not? The answer is ‘maybe, but it’s too early to say’, but at least there’s a ‘maybe’ in there. I […]

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G20: What’s in Play as Summit Day dawns?

The big day dawns in a fog of confusion and press reports of rifts between continental Europe and the Anglo Saxons, following what were portrayed as rival press conferences by Obama and Brown in one part of London, and Sarkozy and Merkel in another. Today will show how much of this was just playing to […]

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How to read the G20 Communique – some thoughts

Had a great day yesterday meeting my fellow g20voice bloggers, a wonderfully diverse crew from every corner of the world who will be blogging furiously at the G20 summit today. I led a discussion on how to read the communiqué that should emerge some time this afternoon: this can be pretty stressful, since they are […]

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What does the leaked draft G20 communique tell us about development and climate change?

The FT has got its hands on a leaked copy, as has der Spiegel (a different draft, it seems, but I can’t find that one on the net). The FT version is nice and short (24 paras). Here’s what it says on Oxfam’s main asks for the summit, namely:

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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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Is the UN missing in action on the global crisis?

Last week I attended two events that focussed on the crisis and its impact on development: a big DFID conference in preparation for its forthcoming white paper, and an NGO presentation to the UN ‘Commission of Experts’ on reforming the international financial system, which is chaired by Joe Stiglitz. Discussions at both events brought home […]

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An intelligent debate on aid; watch as the world burns; why car-swapping aint green; the best newspaper on the crisis; how green is your stimulus? and how to blog at the G20: links I liked

Dambisa Moyo and her bizarrely timed anti-aid message (aid bad, markets good) get a polite but highly effective kicking on the BBC’s aptly named Hard Talk programme, courtesy of Alison Evans, the incoming director of the Overseas Development Institute. Top quality TV, with a well briefed chair pushing both participants hard. Alarming ‘Real-time’ stats on […]

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