Finance & Development articles from September 2005

Finance & Development archives from September 2005

Encouraging breastfeeding.(Brief Article)
September 1, 2005... Better infant feeding practices in the first two years of life, including breastfeeding exclusively in the first six months, could prevent almost one-fifth of all child deaths in the developing world, according to the United Nations' Children's...

Tsunami follow up.
September 1, 2005... Pushing ahead with Secretary-General Kofi Annan's call for global early warning systems covering all countries and all hazards, the United Nations is convening a conference next year to reinforce lessons learned from last December's Indian...

Help workers adjust, OECD urges.(Organization for Economic Cooperation and Development)
September 1, 2005... Developed countries must create dynamic job markets if they are to reap the full benefits of globalization and avoid a backlash against open trade, according to the Organization for Economic Cooperation and Development (OECD). "Job losses in...

Promoting financial stability.(Brief Article)
September 1, 2005... Six years after the IMF and World Bank launched a standards and codes initiative to promote data transparency and set benchmarks for good financial practices, a progress report shows that member countries rate the initiative fairly high in...

Shift to grants for poorest.(International Development Association)(Brief Article)
September 1, 2005... Financial support to poor countries through the World Bank's International Development Association (IDA) will increasingly be in the form of grants. IDA countries agreed in April that financial support to poor countries will now take systematic...

Events coming up in 2005-06.(Calendar)
September 1, 2005... September 14-16, New York United Nations Conference to assess Millennium Development Goals September 24-25, Washington D.C. IMF and World Bank Annual Meetings November 16-18, Tunis, Tunisia World Summit on the Information Society ...

The globalization guru: Arvind Subramanian interviews trade theorist and policy wonk Jagdish Bhagwati.(PEOPLE IN ECONOMICS)(Interview)
September 1, 2005... "WHAT do they know of cricket who only cricket know?" asked C.L.R. James, the renowned Trinidadian historian, essayist, and cricket writer. Rare is the modern day intellectual who has not fallen victim to the narrowness of knowing that James...

Aiding development: tracking the flow.(PICTURE THIS)
September 1, 2005... OFFICIAL development assistance (ODA) to developing countries increased steadily during the 1970s and 1980s. The end of the Cold War led to a significant decline in global ODA over the first half of the 1990s, after which it returned to its...

The MDGs: building momentum: a big push on aid is not the sole answer.(Millennium Development Goals)
September 1, 2005... WITH just ten years to go before reaching the international community's self-imposed deadline for achieving the Millennium Development Goals (MDGs)--a set of eight objectives incorporating targets for reducing poverty and other sources of human...

Coping with aid volatility: aid may become even more unpredictable, but there are ways to tackle the problem.
September 1, 2005... LOW-INCOME countries face many sources of instability. Their economies are usually dependent on a single primary commodity, making them particularly vulnerable to climate- or trade-related shocks, and their political systems are prone to...

The macroeconomic challenge of more aid: an analysis of five African countries that received big increase in aid.
September 1, 2005... THE INTERNATIONAL community is currently seeking to scale up official development assistance, provide further debt relief, and explore several innovative mechanisms for development financing to help low-income countries achieve the Millennium...

Ethiopia: scaling up: assessing the impact of a dramatic increase in aid on one of Africa's poorest countries.
September 1, 2005... ETHIOPIA, among the poorest countries in Africa, presents one of the biggest development challenges in a region beset by frequent drought and food shortages and hobbled by inadequate roads and communications. A landlocked country of about 70...

Tanzania: 'smart' partnerships.(DEBATING AID)
September 1, 2005... OVER the past decade, Tanzania has achieved commendable progress in economic development and in restoring macroeconomic stability from the crisis situation that prevailed in the early 1990s. Real economic growth averaged 5 percent per year...

Burkina Faso: greater capacity.(DEBATING AID)
September 1, 2005... BURKINA FASO began a stabilization and structural adjustment program in 1991, with IMF and World Bank support. Since 1994, real GDP growth has averaged more than 5 percent a year, among the highest rates in sub-Saharan Africa. Economic recovery...

10 myths about governance and corruption.(BACK TO BASICS)
September 1, 2005... GOVERNANCE--which remains a sensitive and misunderstood topic--is now being given a higher priority in development circles. A few donors and international financial institutions (IFIs) have begun to work with some emerging economies to help...

Next steps for China: why financial sector reform is a crucial element of a long-term growth strategy.
September 1, 2005... CHINA'S emergence as an economic power and its sheer size have put it firmly at the center of the global economic stage. Its remarkable pace of growth has attracted a lot of attention, with some observers speculating that it could become the...