March 5, 2009
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 Trillion’, reckons ‘as much as
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Can 17th Century Britain help us design better social protection?
February 17, 2009
I recently listened enthralled to Simon Szreter of Cambridge University at an ODI conference on growth and equity (more on that later). Simon set out some of the history of social protection in the UK and its possible implications for today’s developing countries. For the two centuries before the industrial revolution, the UK had a universal system of decentralized social protection
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Medical myth-busting: Why public beats private on health care provision
February 12, 2009
Today Oxfam publishes Blind Optimism: Challenging the myths about private health care in poor countries, written by my colleague Anna Marriott. She summed up the arguments in this op-ed on the Guardian’s Comment is Free website, and was in Washington this week driving the message home to the World Bank, whose default position of ‘private good, public bad’ has so far proved remarkably
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What is Gordon Brown thinking on the G20 summit?
February 9, 2009
I joined a roomful of suits today for an hour with the PM. The venue was Lancaster House, the pink marble and gilt architectural cheesecake that will be the venue for the G20 summit on 2 April. Perhaps there’s guilt as well as gilt – Lancaster House previously hosted talks that led to the independence of Zimbabwe, Ghana and Kenya,
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Greed, Fear, Deregulation and previous crashes: the origins of the meltdown
January 28, 2009
Rich pickings in this week’s Economist with a special report on the future of finance, and a nice briefing on ‘global economic imbalances’ that ties together the East Asian crisis of the late 90s with the current mess. The story runs like this, (allowing for my non-Economist spin) The East Asian financial crisis of the late 90s was caused by
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A Billion Hungry People – remember the food price crisis?
January 26, 2009
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 response effort and reducing efficiency,
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Promises v Reality: The Widening Credibility Gap on Aid
January 20, 2009
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 way of Owen Barder’s blog.
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Illicit Financial Flows from Developing Countries now around $1 trillion a year
January 14, 2009
According to a new paper from the Global Financial Integrity watchdog. The paper defines illicit financial flows as ‘the proceeds from both illicit activities such as corruption (bribery and embezzlement of national wealth), criminal activity, and the proceeds of licit business that become illicit when transported across borders in contravention of applicable laws and regulatory frameworks (most commonly in order to evade
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What did Poznan mean for progress on climate change?
December 19, 2008
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Some killer facts (and some life savers) on Health in Malawi
December 18, 2008
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A definitive overview of education in the developing world
December 12, 2008
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Cuba beats USA again, this time on child welfare
December 10, 2008
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