The creditor landscape is rapidly changing. New donor countries such as China, India and Venezuela are stepping forward with offers of rapidly-disbursed and almost condition-fee cash to low-income African and Latin American nations. This relatively new development has the “traditional” international donor community seriously worried. By Gail Hurley.
Until now, the club of European countries with the US, Canada, Japan and Australia, had held a virtual monopoly over official financial flows to developing nations. This monopoly covered not only official bilateral assistance but also multilateral flows via these nations’ control of the governance structures of the World Bank and IMF ... ... this article is for subscribers only. For direct log in click >>> here.If you have no subscription >>> pick an option or >>> buy the article.
The Superiority of the Financial Transaction Tax + Global Unemployment on Record Levels + New Beginning in European Development Policy? + Clean Development for the South
Global Economic Prospects for 2010 + Does Copenhagen Really Matter? + Quo Vadis, German Development Cooperation? + Mapping Social Protection in South Asia
"Natural disasters have invariably been transformed into man-made disasters, through the unpreparedness and dysfunction of government institutions, the incompetence of its politicians, the greed of its economic agents, the tenuous nature of support from civil society..."
The summit meeting of the Group of 20 most important industrialised and emerging countries (G20) in Toronto on 26-27 June 2010 reminded us that even extended informal management bodies in the global economy can only be as good as their member governments.
It was not long ago that we could say, "We are all Keynesians now." The financial sector and its free-market ideology had brought the world to the brink of ruin. Markets clearly were not self-correcting. Deregulation had proven to be a dismal failure.
Love for Africa was the motto at Tchibo-World, which took place in the third week of June in 2008. In addition to fair coffee and African furniture, 700,000 tops, skirts and table cloths bearing the Cotton made in Africa (CmiA) label have been sold in the 900 (app.) Tchibo retail stores.
The ITUC's Annual Survey of Trade Union Rights has documented a dramatic increase in the number of trade unionists murdered in 2009, with 101 killings - an increase of 30% over the previous year. The new Survey also reveals growing pressure on fundamental workers' rights around the world as the impact of the global economic crisis on employment deepened.