April 21, 2009
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 action to reduce risk.
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What the IMF will be discussing this weekend
April 20, 2009
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 G20 and the unfolding global
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Cash for Coffins? What happened when Oxfam gave poor Vietnamese a lump sum
April 16, 2009
I’ve just been reading the latest evaluation of an Oxfam project I’ve started to call ‘cash for coffins’ in Viet Nam. From mid-2006 Oxfam GB directly disbursed non-emergency cash grants to 550 poor and near poor households in An Loc commune, a poor rice-growing community on the Central coast of Viet Nam. Not only is this one-off cash transfer (aka ‘just
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The G20: What happens next?
April 6, 2009
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 to review, monitor, propose further
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Oxfam’s full post mortem on the G20 summit
April 3, 2009
OK, this is the last post on the G20 for a few days. This is Oxfam’s more considered analysis of the communiques and accompanying intelligence gleaned over the course of the last few days. Hope it makes sense. Summary (for full paper click here): G20 leaders met for the second time in London on 2 April, as the global economic
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Final post from the London Summit – full analysis to follow tomorrow
April 2, 2009
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 feel unusually optimistic for the
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G20: What’s in Play as Summit Day dawns?
April 2, 2009
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 the domestic gallery – Sarkozy
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What does the leaked draft G20 communique tell us about development and climate change?
March 31, 2009
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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How the global crisis is hitting Zambia (and the mining companies are taking advantage)
March 31, 2009
As part of Oxfam’s flurry of studies of the development impact of the global crisis (for an overview click here), here’s a summary of a new paper of mine on the impact of the global crisis on Zambia. The main story is perhaps how the mining lobby has used the crisis to reverse some progress on taxing copper revenues.
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The UN/Stiglitz Commission recipe for reforming globalization
March 30, 2009
I finally got round to reading the report of the UN Commission of Experts on reforms of the international monetary and financial system, chaired by Joseph Stiglitz. It’s very sensible, comprehensive and solution-oriented. Trouble is, is anyone listening? Regrettably, the UN process seems largely delinked from the G20/IMF/World Bank leadership on the crisis (see previous post on this). Highlights from
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Is British aid bad? Owen Barder locks antlers with Bill Easterly
March 25, 2009
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 some deeper questions on the
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IMF finally calls it – the world economy will shrink in 2009, and developing countries are hit harder than we thought
March 20, 2009
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 that this won’t be the
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