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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

Bribery costs $1 trillion a year - World Bank

11th July 07 - Ashley Seager, The Guardian (UK)

Bribery is costing the world $1 trillion a year with the burden falling disproportionately on the billion or so people living in extreme poverty, the World Bank said yesterday.

 
Tony Blair Failed Africa. Gordon Brown Can Do Much Better.

Blair, Brown and Geldof11th July 07 - Salim Lone, Information Clearing House

Early in his tenure, outgoing British Prime Minister Tony Blair made a high-profile commitment to reducing the excruciating poverty afflicting hundreds of millions in Africa, keeping it on the media’s front burner by numerous high-level initiatives. 

The best-known of these was his dedicating to the cause the 2005 G8 summit he hosted in Gleneagles.  The issue was again centre stage last month at the G8 summit in Germany last month.

 
Incomes, Inequality Rising in South Asia: UN

10th July 07 - Rahul Kumar, OneWorld South Asia

Despite rapid economic growth, economic disparity is increasing in South Asia, according to the annual Millennium Development Goals (MDG) report by the UN, which also says that a massive 30 percent of the population still lives on a dollar a day in the Indian subcontinent.

 
Anti-poverty targets in Africa will not be met, UN warns

3rd July 07 - Larry Elliott, The Guardian (UK)

The whole of sub-Saharan Africa - the poorest region of the world - will fail to meet the goals set seven years ago for eradicating global poverty by 2015 - the United Nations warned today.

 
We Still Haven't Found What We're Looking For

Up on stage in Rostock last Thursday, Bono and Bob Geldof took time off from haranguing the leaders of the G8 to churn out a passable version of Carry That Weight, the old Beatles song. By the next morning they probably wished they had chosen Won't Get Fooled Again by the Who instead.

 
The Aid Evasion: Raising the "Bottom Billion"

Child with aid donations18th June 07 - Paul Collier, OpenDemocracy.org

Since the 1960s countries with around a billion people have been diverging from the rest of the world at an accelerating rate, a trend which will generate unmanageable social pressures.

Most of these countries are in Africa, and so it is appropriate that the region should again have been on the Group of Eight (G8) agenda at the summit in Heiligendamm, Germany on 6-8 June 2007. Unfortunately, the debate on what the G8 should do has been entirely dominated by aid.

 
Remember the Plan

Sixty years ago last week, US secretary of state George C Marshall stepped up to the podium at Harvard University and set out his case for supporting European recovery from second world war devastation.

 
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