In time for the G20 summit later this week, my indefatigable colleague Richard King has revised and updated his invaluable synthesis of the key data on the global economic crisis and its development impact. Here goes: Unemployment (ILO)  Gender impact of the economic crisis in terms of unemployment rates is expected to be more detrimental for females than for males

I spent last week racing round Brazil launching the Portuguese-language edition of From Poverty to Power (Da Pobreza ao Poder, the publishers are looking for distributors in Portugal, Angola and Mozambique – any suggestions?). Here are a few impressions: A year after the Lehman’s collapse hit the global panic buttons, there’s a striking level of optimism about Brazil’s handling of

Another day, another UN report, this time the Trade and Development Report 2009, from the UN Conference on Trade and Development (UNCTAD), released last week. It’s surprisingly forthright. Set up in 1964, in the table-thumping days of the New International Economic Order, in recent years UNCTAD had become markedly more cautious, not least under its current secretary general, the distinctly un-fiery

This weekend the finance ministers of the G20 – the world’s most powerful nations -will meet in London.  While the rich world’s green shootists apparently feel that the worst of the economic crisis is behind us, the poorest countries are being hammered, with those living on the margins of the global economy paying the highest price for the bankers’ folly.

Back from a blissful and disconnected few days in Italy, and now paying the price in terms of catching up with the backlog of reading and emails, so this week will mostly be signposting interesting stuff, rather than trying to write anything original. Two graphics from this week’s Economist underline the rise of the G2 (US and China). First up,

How has Indonesia, the country worst affected in the late 90s by the last major financial crisis in the developing world, been coping with the current one? Quite well, according to the IMF, which predicts the economy will grow at 2.5% in 2009 and 3.5% in 2010. That’s down from the 6% average in the preceding years, but a far

One of the more unusual curtain raiser documents for the G8 summit last week was ‘Caritas in Veritate’ (Charity in Truth), the latest encyclical from Pope Benedict XVI. NGOs and development wonks tend to ignore these kinds of documents, but research shows that churches matter far more in the lives of poor people than NGOs do, so it’s worth paying

The IMF has just revised April’s World Economic Outlook growth projections for 2009 and 2010 (see table). Here’s the summary on developing countries: ‘Emerging and developing economies are projected to regain growth momentum during the second half of 2009, albeit with notable regional differences. Low-income countries are facing important challenges of their own because official aid has fallen and these

As expected, some of the more aid sceptic governments will be seeking ways to wriggle out of their commitments at the G8 summit, which opens in Italy today. But rather than just say ‘we’re breaking our promises – tough’, they are floating various kinds of creative accounting to allow them to meet their commitments without actually spending more money. The

In the end the UN Conference that considered Joe Stiglitz’s Commission’s report on the crisis was even more underwhelming than I predicted (given the chaotic preparations, which included a last minute postponement). Only 14 heads of state attended, 10 of them from Latin America; most of Stiglitz’ recommendations bit the dust (e.g. his proposal for a new Global Economic Council);

Paul came to give a talk to Oxfam’s big cheeses last week based on his new book War Guns and Votes (see my review here) and they invited me along. Here are some highlights: Post Conflict Reconstruction: The conventional sequence is ‘build the politics first, then the economics will follow’. Collier thinks the order should be reversed. Conflict is a zero

Earthquake analogies and tectonic plates have been one of the most ubiquitous clichés of the global crisis, but they remain apt. The last week has thrown up further signs of the historic geopolitical shifts that are under way. The Economist has an excellent essay on the back of the first BRICs summit, exploring the sharp economic rebound in China and to