March 19, 2015
The Economist has a powerful series of articles on modern slavery this week. Sorry this is too long, but they write so well, I struggled to make cuts. How to reduce bonded labour and human trafficking “The time that I went into the camp and I looked, I was shocked. Where all my expectations and my happiness all got destroyed,
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What to do about Inequality, Shrinking Wages and the perils of PPPs? A conversation with Kaushik Basu, World Bank chief economist
March 10, 2015
Along with a bunch of policy wonks from NGOs and thinktanks, I had an exchange with World Bank chief economist Kaushik Basu this week. Rules of engagement were that the meeting was off the record, but I was allowed to blog as long as the Bank saw a draft to make sure I wasn’t about to get him the sack.
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What happens if we apply doughnut economics to single countries, starting with the UK?
February 19, 2015
Katherine Trebeck (@ktrebeck), Oxfam policy adviser and all round well-being guru, reports on a new effort to apply doughnut economics at a national scale, starting with the UK Every so often, a simple idea catches people’s imagination. Complex concepts get distilled into a mantra or image that elicits an ‘a ha’ moment. World views can be changed. Perspectives shifted.
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Are developing countries heading for another debt crisis? And if so, what is anyone doing about it?
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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The real population boom – the over 60s: great new killer facts and graphics from Age International
February 3, 2015
Ageing is one of those development issues that is only going to get bigger. A new report from Age International pulls together all the killer facts and infographics you should need to be convinced, and lots of eminent talking heads (Margaret Chan, Richard Jolly, Mary Robinson etc) to drive home the message. Here’s a selection Today, 868 million people are
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Migrant remittances are even more amazing that we thought
January 30, 2015
At least in economic terms, migration appears to be some kind of developmental wonder-drug. Remittances from migrants to developing countries are now running at some three times the volume of aid, and barely faltered during the 2008-9 financial crisis (see graph). The World Bank’s latest Global Economic Prospects report looks at the impact of migrant remittances on developing countries and
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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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Why Bill and Melinda’s Annual Letter is both exciting and disappointing
January 23, 2015
Judging by his latest annual letter, if you could bottle and sell Bill Gates’ optimism, you’d probably make even more money than he has from software. In what they call a ‘big bet’ (actually, more like a prediction), the letter sets out Bill and Melinda’s personal version of some post-MDG goals for 2030 (Charles Kenny sees it as an implicit
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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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Them Belly Full (but we hungry): great new study on food riots and food rights
January 8, 2015
A fascinating new report (with too many co-authors to list, but the invariably interesting Naomi Hossain was principal investigator) summarizes the findings of a four country research project on ‘food rights and food riots’ in Bangladesh, India, Kenya and Mozambique. Some highlights from the Exec Sum: ‘The green revolution and the global integration of food markets were supposed to relegate scarcity
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Where do the world’s poorest people actually live? Big new databank on multidimensional poverty launched today
January 7, 2015
Has it ever struck you as pretty bonkers that we usually discuss poverty at national level, equating giant countries like India, with tiny islands whose population would disappear without trace in a single Indian city? If so, you, along with happy poverty nerds everywhere, should check out today’s Multidimensional Poverty Index from Sabina Alkire and co at the Oxford Poverty
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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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