February 5, 2015
Skating on thin ice is an occupational hazard in my job, but it was really cracking underfoot at a recent Chatham House Rules roundtable on ‘debt crisis prevention in developing countries’. The only way to survive is to stay quiet, nod and look thoughtful when people refer to completely unintelligible things like ‘the clarification of pari passu, which created difficulties
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Why ending poverty in India means tackling rural poverty and power
January 29, 2015
Vanita Suneja, Oxfam India’s Economic Justice Lead, argues that India can’t progress until it tackles rural poverty More than 800 million of India’s 1.25 billion people live in the countryside. One quarter of rural India’s population is below the official poverty line – 216 million people. A search for economic justice for a population of this magnitude is never going to be
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What are governments doing on inequality? Great new cross-country data (and some important conclusions) from Nora Lustig
January 28, 2015
Oxfam and Oxford University held a big inequality conference last week, timed to coincide with Davos and the launch of our new pre Davosbriefing (massive media coverage – kudos to author Deborah Hardoon and Oxfam press team). I generally find conferences pretty disturbing. This one at least spared us the coma-inducing panels of nervous researchers reading out their papers. All the
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When will we reach Peak Inequality?
January 27, 2015
Post Davos, Max Lawson, Oxfam’s Head of Global Policy and Campaigns, is still trying to get his head around the inequality stats Last year it was 85 people; this year it’s down to just 80 individuals who have the same wealth as the bottom 3.5 billion people. By next year the top 1% will own more wealth than the rest
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Davos: new briefing on global wealth, inequality and an update of that 85 richest = 3.5 billion poorest killer fact
January 19, 2015
This is Davos week, and over on the Oxfam Research team’s excellent new Mind the Gap blog, Deborah Hardoon has an update on the mind-boggling maths of global inequality . Wealth data from Credit Suisse, finds that the 99% have been getting less and less of the economic pie over the past few years as the 1% get more. By next year,
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The Economist on the global spread of cash transfers and Jokowi’s flying start in Indonesia
January 13, 2015
Some fascinating coverage of the new Indonesian president and cash transfers in the Economist this week. First up, Indonesia: ‘Having trimmed petrol subsidies in November, Indonesia’s president, Joko Widodo, who is universally known as Jokowi, scrapped them entirely from January 1st. Small subsidies (1,000 rupiah, or eight cents, per litre) will remain in place for diesel, used for public transport
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$2 leaving developing countries for every $1 going in – big new report on the state of global financial flows
December 18, 2014
A very useful new report from Eurodad, published today, provides ‘the most comprehensive review of the quantity of different financing sources available to developing countries, and how they have changed over the past decade.’ This in the run up to the big UN summit on financing for development (FfD) in Addis Ababa in July 2015. Here are some highlights from
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The new World Development Report (on mind, society and behavior): lots to like, but a big fail on power, politics and religion
December 16, 2014
This probably doesn’t need saying, but the World Development Report is a big deal. The World Bank’s annual flagships have a track record of shaping debates on particular issues, and raising them up the endlessly churning development agenda. So it pays to pay attention. This year’s WDR, published this month, is on ‘Mind, Society and Behaviour’. I (like most people)
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The Living Wage: a remarkable story of global progress – how big could it get?
December 12, 2014
A few years ago, I was struck by the fervour with which a student activist acquaintance of mine, Stefan Baskerville, talked about the Living Wage. Every holiday he would leave his life of student activism (and occasional study) in Oxford and head for the East End of London, where he worked for Citizens UK, a community organization, in a campaign
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How to win the argument on the private sector; seeing like a liberal, and a lifecycle approach to supporting aid agencies
November 28, 2014
Had a great day at Oxfam Australia last week, immersed in a series of conversations that were dotted with ‘synaptic moments’, when different bits of thinking come together in your head and a lightbulb goes on. Three examples: Whose private sector is it anyway? The drumbeat of private sector rhetoric is deafening in Australia’s aid sector. This seems to worry
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Politics, economists and the dangers of pragmatism: reflections on DFID’s governance and conflict conference
November 14, 2014
DFID really is an extraordinary institution. I spent Monday and Tuesday at the annual get together one of its tribes professional cadres – about 200 advisers on governance and conflict. They were bombarded with powerpoints from outside speakers (including me), but still found time for plenty of ‘social loafing’, aka networking with their mates. Some impressions: They are hugely bright and
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Let’s all eat cake: The terrible inefficiency of inequality
November 3, 2014
Alex Cobham, of the Center for Global Development (@alexcobham), welcomes Oxfam’s new inequality campaign, argues for making inequality a core part of the post-2015 framework, and comes over all French Revolution on wealth registers and cake (the eating of). International acceptance of stark economic inequalities reflects a grand political failure. A failure that locks in the wasting of human potential for
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