In the Financial Times, Javier Blas gives us the back-story to the attempt by the world’s largest mining company, BHP Billiton, to buy its largest fertiliser company, PotashCorp. Suddenly fertiliser is big business: in the first eight months of the year, deals valued at $61bn have been announced by companies in the industry, a high that more than doubles the peak

I’m a sucker for typologies. I guess they’re a wonk’s equivalent of those ‘what were the ten best punk/ska/heavy metal albums of all time?’ discussions in the pub. Here’s a nice one from ‘Lions on the Move’, a breathlessly upbeat new McKinsey report on Africa. It finds four clusters of African economies + a few outliers. Click on the scatterplot for

I just spent a happy half hour playing with this – the first of many, I suspect. It’s the latest version of the Hans Rosling/Gapminder graphs that I’ve blogged on before and this one is really user friendly – even I can get it to work. Just click here to start messing around. It allows you to construct a graph

Remember dumping – the rich country farm subsidies that allow them to dump their products in poor countries at artificially cheap prices, thereby wiping out local agriculture? Tim Wise on the Triple Crisis blog has been running the numbers on the impact of NAFTA (US-Canada-Mexico Free Trade Agreement, in force since 1994). He calls it a the ‘controlled experiment’ “because

Earlier this year, I posted a fair amount on the new Robin Hood Tax campaign for a financial transactions tax to fund aid and the fight against climate change (start here and follow the links). In a guest blog, Oxfam’s top RHT obsessive, Max Lawson, updates us on the subsequent behind-the-scenes progress “In today’s aid-speak, Robin Hood was a pretty

The diplomatic circus is full of high level commissions and panels on this and that, most of which deliberate, publish and sink without trace. But the UN’s new High-Level Panel on Global Sustainability, launched this week by Ban Ki-moon, may just be an exception. It certainly has a hell of a job description: ‘finding ways to lift people out of

We’ve been churning out a bunch of materials on the global economic crisis summarizing our conclusions to date on its developmental impact (though who knows if this is the end, or just a pause, in the financial chaos). The Global Economic Crisis and Developing Countries brings together our findings from research in 12 countries involving some 2,500 people. It’s the final

You don’t normally expect the Economist magazine to advocate a major shift in wealth from capital to labour, but it seems to make an exception in the case of China, the subject of this week’s fascinating cover story. The topic is China’s labour market: a few years ago, I and many others thought that the entry of China into the

OK, this week’s posts have been fairly demanding, so let’s relax a bit. I’ve been getting a pile of links to excellent youtubes and the like. If you’re in an open plan office like me, sticking on the headphones and watching videos during office hours can be a bit awkward (‘it’s work related, honest’), so either brave the disapproval or book

Sabina Alkire responds to the previous posts by Martin Ravallion and me on her new ‘Multidimensional Poverty Index’. She is director of the Oxford Poverty and Human Development Initiative (OPHI). “As Martin Ravallion points out, we agree that poverty is multidimensional. The question is whether our efforts to incorporate multiple dimensions into the very definition of who is poor and

Martin Ravallion is Director of the World Bank’s research department, the Development Research Group. These are the views of the author, and need not reflect those of the World Bank. “Everyone agrees that poverty is not just about low consumption of market commodities by a household.  There are also important non-market goods, such as access to public services, and there

Ask poor people what poverty is like, and they typically talk about fear, humiliation and ill health, at least as much as money. But can the non-income dimensions of poverty be measured in a way that allows policy makers to weigh priorities and allocate resources? If not, the danger (as often happens) is that decision makers and documents initially nod