Aid, Debt & Development

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Levels of international aid have been criticised as seriously insufficient for over 50 years, debt cancellation programs have failed to reach most developing countries, and the Millennium Development Goal for halving poverty will not be met by 2015. Without a fundamental restructuring of global economic priorities, the needs of the majority world will continue to be overshadowed by commercial interests.

Latest Articles

Live 8: But what really happened next?

Three months ago Bob Geldof declared Live 8 had achieved its aim. But what really happened next?

And still he stays silent

By hailing the failure of this summer's G8 summit as a success, Bob Geldof has betrayed the poor of Africa

Make sure G8 debt promises are kept

The G8 proposals on debt and aid represent serious progress, but the devil may still peer out of the details during its implementation. It is essential we all scrutinise them closely, as Mark Curtis does (Comment, August 23). He is right to point out the obfuscation in the OECD's method for counting debt and aid into an overall development assistance number, mixing both the ongoing aid flows with the bookkeeping of debt relief, as if they were equal parts.

How the G8 lied to the world on aid

The truth about Gleneagles puts a cloud over the New York summit

The end of the beginning

Debt relief alone won't relieve third-world poverty

Drop the debt? Whose debt?

If you returned home one day to find that your neighbour had bought a car ? a Mercedes ? for themselves, but wanted you to pay for it, you would be understandably upset. If your neighbour had moreover re-mortgaged your house and beat up your family using baseball bats bought with the money, you would be rightly distressed with them and the bank which had provided the mortgage.

How eight people will decide fate of a continent

Britain wanted a $50bn (£27bn) rise in aid (on top of the current $69bn aid flow) in 2005 and every year after. The aim was to help Africa meet Millennium Development Goals for 2015.

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