[Sorry to anyone who got a premature alert yesterday – hit the wrong button!] There’s nothing like a visit to Africa – in this case ten days of book promo and financial crisis impact interviews in South Africa and Zambia, to get you thinking about the role of the state. In Southern Africa, as on earlier launches in Uganda, Kenya

The latest ‘Open Budget Index‘ (2008), produced by the Open Budget Initiative, ranks governments according to the information they make available to the public throughout the budget process. The main findings are: Only five countries of the 85 surveyed—France, New Zealand, South Africa, the United Kingdom, and the United States—make extensive information publicly available as required by generally accepted good public financial

Just came across ‘The Coming Capitalist Consensus’, a thought-provoking polemic by Walden Bello, the Filipino anti-globalization guru and sociology professor based at Focus on the Global South. Walden argues that a new form of ‘Global Social Democracy’ (GSD) is emerging from the crisis of market fundamentalism and finance capitalism. He sums up its key propositions as:

Take a look at Development and the Crisis, a new online debate moderated by Dani Rodrik, which has kicked off with contributions from Nancy Birdsall, Jose Antonio Ocampo, Arvind Subramanian, and Yung Chul Park. Here are some excerpted highlights from Dani’s opening pitch ‘Let developing nations rule’:

Imagine someone a bit like dozens of social movement and NGO activists who you’ve worked with over the years. Raised across three continents; a spell of community activism that tempers romanticism with hard knocks; all this interspersed with wrestling with the sense of identity to make sense of being of mixed race, the absent father, and all that moving around.

Here are two illuminating graphics from the Financial Times and Economist. First up is a figure from Martin Wolf’s latest column in the FT, itself based on a new paper by Carmen Reinhart and Kenneth Rogoff, showing the proportion of the world economy affected by banking crises, from 1900-2008. Its main features are a spike around the Great Depression of the

Eric Beinhocker’s book, ‘The Origin of Wealth: Evolution, Complexity and the Radical Remaking of Economics’ (for review see previous post) challenges our understanding of how change happens and the role of would-be ‘change agents’ like Oxfam.