Tag: Poverty

Climate change latest: the impact in China and leadership from Scotland, plus a new journal on CC and development

The amount of new climate change research, reports etc emerging in the run-up to Copenhagen summit already feels slight overwhelming, and the meeting is still five months away. Here are some recent bits and pieces: China and Climate Change An important new report from Oxfam Hong Kong and Greenpeace China unpacks the data on the […]

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Are poor people the best experts on poverty?

A series of conversations in recent weeks have made me think a bit harder about the uses and abuses of testimony/first hand experience. First up, the launch of the World Bank book, Moving Out of Poverty at the ODI the other week (see my perhaps over the top review of the book back in March), […]

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How the economic meltdown and climate change are hitting Asia – new reports

The Asian Development Bank produces a remarkable amount of frequently high quality analysis. Here are two recent examples on climate change and the impact of the economic meltdown. On the meltdown, a recent ADB Economic Working Paper uses the latest national projections for growth and past poverty performance to refine the predicts that poverty across […]

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Natural disasters will hurt 50% more people by 2015. Why? Climate Change + Inequality

There has been some striking progress in reducing the death toll from natural disasters in recent decades. While Cyclone Sidr killed around 3,000 people in Bangladesh in 2007, similar or weaker storms killed 100 times that number in 1972 and 45 times more people in 1991, largely because governments and local communities have since taken […]

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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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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 […]

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'Moving Out of Poverty': Outstanding new mega-study from the World Bank

One of the best books I have ever read on development was ‘Crying out for Change’, a summary of a massive late 1990s study by the World Bank called ‘Voices of the Poor’. So it was a delight to pick up the summary of its new and epic successor ‘The Moving Out of Poverty Study’ […]

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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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How much is $700bn?

The arguments for a bailout to avoid systemic collapse are of course genuine and persuasive, but so are the arguments for aid and against standing by and allowing a child to die every 3 seconds, or a woman to die in childbirth every minute. To put the proposed Wall Street bailout into perspective. $700bn: · Would […]

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Update on global poverty figures – another 400 million below the poverty line

As discussed in my previous blog, the World Bank has now issued its revised global poverty numbers. These have been recalculated to respond to its improved measure of ‘purchasing power parity’, which rebalances figures for GDP to allow for the fact that the price of goods and services varies between countries (i.e. a haircut in […]

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Recession, development and climate change: the big picture

This article of mine first appeared in the 25th October issue of the Scotsman. If the 1930s are any guide, the seismic shock hitting the global economy has a long way to go. First came the plummeting stocks on Wall Street, then the social trauma of mass unemployment, soup kitchens and skid row. But they […]

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New UN update on the Least Developed Countries

UNCTAD’s 2008 Least Developed Countries (LDCs) Report, was published last week. Given 7% average annual growth rates in the 50 LDCs over the last 3 years, the report is surprisingly downbeat, arguing that even these levels of growth are failing to make a dent on poverty (as of 2005, 36% of the LDC population lived […]

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