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Issue 5/Sep-Oct 2011

Scandalous procurement in development assistance
The Paris Declaration and the Accra Agenda for Action (AAA) were first attempts to make aid work better for poverty eradication and sustainable development, but little attention has so far been paid to how aid can enable poor people and countries to help themselves, to become independent from aid in the long run.
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The global social crisis
The UN Department of Economic and Social Affairs' (DESA) 2011 World Social Situation Report (WSS 2011) speaks of the "Great Recession". However, it does not refer to this evocative term in its policy chapters concluisions. Given the severity of the 2008-2009 recession and the looming risk of a second dip in 2012 - this is a missed opportunity.
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Thanks to Germany it's 2008 all over again
The greatest swindle of modern times is the massive 'bait and switch' perpetrated on the publics of Europe by their governments on behalf of their banks. What we refer to today as the 'European Sovereign Debt Crisis' began largely as a private sector financial crisis.
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The new German parochialism
In the 1990s, many observers questioned whether Germany, having tackled the challenge of reunification, could become a "normal country" (The Economist). This formulation evoked a Germany willing to pursue its own interests at home and abroad, no longer forced to bury them in multilateral garb or to accompany each assertion with a qualifier about the consistency of its interests with those of Europe and the wider world.
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Nepal: A second chance for the Maoists
Nepal is struggling to overcome the aftermaths of a decade-long civil war that cost 11,000 lives. The war formally ended in 2006, but violence and impunity continue in parts of the country, as a new Prime Minister, from the Maoist Party, takes over as elected head of the interim government.
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Issue 6/Nov-Dec 2011 / Issue 4/Jul-Aug 2011

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WDEV Recent Issues

Issue 6/Nov-Dec 2011
G20: Wrong forum for development + German aid under Niebel + London contra FTT + Food speculation: How it works
Issue 5/Sep-Oct 2011
The global social crisis +++ Thanks to Germany it's 2008 all over again +++ Nepal: Second chance for Maoists
Issue 4/Jul-Aug 2011
Non-FDI modes of international production + Bail-out 2.0 for Greece + Europe: Tobin tax on the move
Issue 3/May-Jun 2011
Survey on trade union rights violation + BRICS on the new IMF director + Greece and the euro + Green Economy for LDCs?
Issue 2/Mar-Apr 2011
LDC-IV in Istanbul +++ Reforming the global monetary system: Whick role for the IMF +++ Escalation of food prices +++ Remittances and development
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WDEV Highlights

Thinking development against the mainstream
Marking the 30th anniversary of one of the world's more influential economic annuals experts pointed out that themes long sounded in UNCTAD's Trade and Development Report retain current prominence - particularly those citing the questionable wisdom of unbridled free markets.
NGOs urge open selection of World Bank President
In an open letter a global coalition of development activists and non-governmental organisations (NGOs) is calling on the World Bank's governors to ensure that the next president is chosen in an "open and merit-based process" that will give borrowing countries a major say in the selection.
Myanmar - a new darling of the West
After decades of isolation - imposed by major OECD countries out of concern for the country's human rights violations - Myanmar is emerging as a new darling of the "West" - judging by the accelerating succession of visits by senior officials and gurus. New groups of investors are waiting to enter the country as soon as possible.
Prognosis 2012: On the brink of a global recession
Persistent high unemployment, the euro area debt crisis and premature fiscal austerity have already slowed global growth and factor into the possibility of a new recession. Now the United Nations have downgraded significantly its forecasts for the world economy in the next year.
Back to the IMF? Hungary under siege by creditors
Eastern European states are in for a new round of the crisis. The external control of the banking sector and high reliance on external credit has landed the countries of Eastern Europe in a vulnerable position. Now, credit flows from Western banks are drying up again. Hungary has been the first country in the region to ask for IMF support again.