STWR - Share The World's Resources

Analysts appear to have overlooked the impact of the financial crisis on developing countries, even though the repercussions could be disastrous for the world’s poor. Two reports reveal how lax financial regulation and accounting secrecy facilitated the crisis and could have serious implications for poor countries.

Domestic tax revenues are an essential source of financing for development. This report describes the problems that undermine direct tax revenues in poor countries, with a focus on aggressive tax avoidance by multinational corporations, by the Centre for Research on Multinational Corporations.

The much-ballyhooed Millennium Development Goals (MDGs ) -- which include the reduction of extreme poverty and hunger by 50 percent by 2015 -- are being seriously undermined by food, financial and climate change crises, reports Thalif Deen.

Halfway to the deadline for reaching the Millennium Development Goals, Oxfam argue that economic woes must not be used as excuses - and that rich countries’ credibility is on the line.

The annual DATA Report represents an attempt to track down and present progress on the Gleneagles commitments made at the G8 meeting, 2005, on aid donations and the Millennium Development Goals.

Hopes for peace in Afghanistan have been undermined by the failure of major international donors to deliver some 10 billion dollars in pledged humanitarian assistance and the "wasteful and ineffective" use of available aid money, according to a new report entitled 'Falling Short'.

WaterAid marked the midway point in the agreed timescale for achieving the Millennium Development Goals (MDGs) with the launch of a report, 'Global cause' and effect: How the aid system is undermining the Millennium Development Goals', which demonstrates how progress towards achieving the goals is being held back by donor preferences for 'global causes' which undermine the development priorities of recipient countries.