IMF 2.0 or same old, same old – has the Fund really changed its tune?

May 7, 2009
Has the G20 revived the neoliberal, austerity-wielding IMF of the 1980s and 90s, are has it ushered in a new IMF 2.0 (in the words of Time Magazine) that cares about countercyclical economic policies, public services and jobs? In late April, IMF Managing Director Dominique Strauss-Khan wrote to NGOs saying ‘I would like to make it clear that we do not
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How do poor people see the impact of the global crisis? New research from five countries.

April 29, 2009
Some excellent new research on the impact of the global economic crisis: ‘Accounts of Crisis: Poor People’s Experiences of the Food, Fuel and Financial Crisis in Five Countries’. The project was run by the Institute of Development Studies, UK and builds on its pioneering work in participatory research methods to try and get inside poor people’s experiences. I’ve not come
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Why the UK held the line on aid spending, despite the recession

April 23, 2009
Apologies for a bit of British parochialism, but this story has wider ramifications. A combination of political leadership and grassroots activism scored a real victory for the UK aid budget yesterday. Here’s why. All the headlines on Wednesday’s budget statement by Chancellor of the Exchequer (Finance Minister) Alistair Darling were about the dire state of UK finances, and the extreme
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Taxation and development: a great new book

April 22, 2009
Finally finished an illuminating book on the link between taxation and development: (Taxation and state-building in Developing Countries), edited by Deborah Brautigam, Odd-Helge Fjeldstad and Mick Moore). Here are a few highlights – a bit long, but I’m trying to summarize a densely argued 260 page book, so bear with me. Taxation is the new frontier for those concerned with
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Natural disasters will hurt 50% more people by 2015. Why? Climate Change + Inequality

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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