IB Development Economics
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African presidents ‘use China aid for patronage politics’

African presidents ‘use China aid for patronage politics’ | IB Development Economics | Scoop.it
Most of the $80bn of development funds sent to Africa went to areas where national leaders were born rather than the most needy, says AidData report
Adam Dean's insight:

Poor governance as a barrier to development. Foreign aid directed to those areas most closely connected to politicians (e.g. their hometown) rather than where they are needed most. Further support for those that support the trade rather than aid approach.

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African labour and the Chinese dragon | Red Pepper

African labour and the Chinese dragon | Red Pepper | IB Development Economics | Scoop.it
Róisín Hinds reports from the Zambian Copperbelt, a site of intense labour conflict linked to Chinese investment
Adam Dean's insight:

4.5 A discussion of the merits of Chinese FDI in Zambia.

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Adam Dean's curator insight, March 10, 2014 7:38 AM

A discussion of the merits of Chinese FDI in Zambia.

 
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Congo President spent £1m on clothes he never wore more than once - Telegraph

Congo President spent £1m on clothes he never wore more than once - Telegraph | IB Development Economics | Scoop.it
Republic of Congo’s president spent almost £1million on suits and shirts in Paris shopping sprees, French investigators have reportedly found.
Adam Dean's insight:

Barriers to development - poor governance. The Republic of Congo has a GDP per capita of $4,700. However, the President sees fit to spend £1m on new suits and shirts.

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The Tory right are wrong: the 0.7% aid target is not just moral but smart

The Tory right are wrong: the 0.7% aid target is not just moral but smart | IB Development Economics | Scoop.it
The aid recipients of today can become the trading partners of tomorrow. Cutting now would be a betrayal of the poor and our national interest.
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An interesting piece here on the benefits of international aid. Aid today = trade tomorrow.
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Factors of production: Kenya discovers huge water source

Factors of production: Kenya discovers huge water source | IB Development Economics | Scoop.it

A huge water source has been discovered in the arid Turkana region of northern Kenya which could supply the country for 70 years, the government says.


Via Phil Hensman, Geoff Riley
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Brazil 'cancels' most African debt

Brazil 'cancels' most African debt | IB Development Economics | Scoop.it
Brazil says it will cancel or restructure almost $900m (£600m) worth of debt owed by African countries, to boost economic ties with the continent.
Adam Dean's insight:

4.7 The role of international debt

Brazil cancels or restructures (favourably) African debt with the aim of boosting trade ties. Like China, Brazil is recognising to sustain growth they need natural resources, and Africa has them, in abudance.

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Swaziland government sells maize donated by Japan and banks the cash

Swaziland government sells maize donated by Japan and banks the cash | IB Development Economics | Scoop.it
Government sold 12,000 tonnes of maize and deposited money in central bank, even though Swaziland has not been able to feed itself since 1970s
Adam Dean's insight:

IB4.3 & IB4.6 Extreme poverty in Swaziland and misappropriated use of food aid.

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Growing Africa's Food Markets

http://www.worldbank.org/africa - African farmers could create a trillion-dollar market for their goods by 2030, if they can access more capital, better infr...
Adam Dean's insight:

4.6 The role of MDA

World Bank projects in Africa

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Structural Adjustment—a Major Cause of Poverty — Global Issues

Structural Adjustment—a Major Cause of Poverty — Global Issues | IB Development Economics | Scoop.it
This part of the globalissues.org web site looks into the effectiveness of the IMF-imposed Structural Adjustment Policies and how this has exacerbated poverty.
Adam Dean's insight:

4.6 The role of MDA

A critical evaluation of the IMF and World Bank - SAP's and the Washington Consensus

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Euvin Naidoo: Africa as an investment

http://www.ted.com South African investment banker Euvin Naidoo explains why investing in Africa can make great business sense. TEDTalks is a daily video pod...
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4.5 The role of FDI

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The "bottom billion" - Paul Collier

Around the world right now, one billion people are trapped in poor or failing countries. How can we help them? Economist Paul Collier lays out a bold, compas...
Adam Dean's insight:

4.4 The role of international trade

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Jacqueline Novogratz on an escape from poverty

http://www.ted.com Jacqueline Novogratz tells a moving story of on an encounter in a Nairobi slum with Jane, a former prostitute. whose dreams of escaping po...
Adam Dean's insight:

4.3 The role of domestic factors

Micro-finance

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Ernest Madu: Bringing world-class health care to the poorest

http://www.ted.com Dr. Ernest Madu runs the Heart Institute of the Caribbean in Kingston, Jamaica, where he proves that -- with careful design, smart technic...
Adam Dean's insight:

4.3 The role of domestic factors

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British aid money invested in gated communities and shopping centres

British aid money invested in gated communities and shopping centres | IB Development Economics | Scoop.it
CDC development fund insists projects will create jobs in poor countries but NGOs accuse government of helping big business
Adam Dean's insight:

4.6 The role of aid. The Guardian explores the use of UK government foreign aid to fund hotels, apartments and shopping malls for the rich. Sadly, it doesn't bother to investigate the value of the multiplier effects associated with the jobs created by construction or the day-to-day running of the aforementioned facilities. The question is whether these projects would have gone ahead without aid funding.

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Does Fairtrade have more impact than conventional trade?

Does Fairtrade have more impact than conventional trade? | IB Development Economics | Scoop.it
Adam Dean's insight:

IB4.4 Fairtrade has its fans and critics. The simple idea is that monopsony power often suppresses the prices that poor farmers in LEDC's are paid for their primary commodities. Fairtrade is supposed to guarantee the consumer that previously exploited farmers will be paid a fair price for their work, although consumers will have to pay a premium, a sort of built-in tip for the farmer. Booth and Mohan acknowledge the benefits of such a scheme but argue that freer trade is the key to growth and development.

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Britain suspends aid to Malawi over corruption claims and attempted murder of whistleblower - Telegraph

Britain suspends aid to Malawi over corruption claims and attempted murder of whistleblower  - Telegraph | IB Development Economics | Scoop.it
Britain has suspended direct aid to Malawi over a multi-million pound corruption scandal which has seen ministers close to President Joyce Banda implicated in fraud and the attempted murder of a whistleblower...
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4.6 Aid to Malawi suspended over corruption fears.

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At 16, Ganesh got a job in Qatar. Two months later he was dead

At 16, Ganesh got a job in Qatar. Two months later he was dead | IB Development Economics | Scoop.it
Nepalese workers go to Qatar to find a way out of poverty. Instead, many are trapped into 12-hour days and nights in overcrowded, filthy camps. Some never make it home alive
Adam Dean's insight:

The brutality of capitalism. A tragic tale of modern day 'slavery'.

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China admits pollution brought about 'cancer villages' — RT News

China admits pollution brought about 'cancer villages' — RT News | IB Development Economics | Scoop.it
The Chinese government has admitted for the first time that so called ‘cancer villages’ exist, as decades of pollution take their toll on the health of Chinese citizens.
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Why Blair and Buffett are wrong about giving international aid to Rwanda

Why Blair and Buffett are wrong about giving international aid to Rwanda | IB Development Economics | Scoop.it
By criticising the UN expert report, the former British prime minister is hampering the peace process in the eastern Congo, says Tom Murphy
Adam Dean's insight:

Argument for and against cutting aid to Rwanda in light of accusations of military backing Congolese militias.

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African-American-Chinese

African-American-Chinese | IB Development Economics | Scoop.it
The UNDP's favoured measure of progress throws up some intriguing comparisonsGROSS domestic product, Robert F. Kennedy said, “measures everything…except that...
Adam Dean's insight:

IB4.1 Measuring development 

HDI daily chart

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Structural adjustments and their impact on health and society: a perspective from Pakistan

Adam Dean's insight:

4.6 The role of MDA

A critical evaluation of SAP's in Pakistan

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Jacqueline Novogratz: Investing in Africa's own solutions

http://www.ted.com Jacqueline Novogratz applauds the world's heightened interest in Africa and poverty, but argues persuasively for a new approach. TEDTalks ...
Adam Dean's insight:

4.5 The role of FDI

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Ngozi Okonjo-Iweala: Let's have a deeper discussion on aid

http://www.ted.com Ngozi Okonjo-Iweala, the former finance minister of Nigeria, sums up four days of intense discussion on aid versus trade on the closing da...
Adam Dean's insight:

4.4 The role of international trade

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Jessica Jackley: Poverty, money -- and love

http://www.ted.com What do you think of people in poverty? Maybe what Jessica Jackley once did: "they" need "our" help, in the form of a few coins in a jar. ...
Adam Dean's insight:

4.3 The role of domestic factors

Micro-finance

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Andrew Mwenda: Let's take a new look at African aid

http://www.ted.com In this provocative talk, journalist Andrew Mwenda asks us to reframe the "African question" -- to look beyond the media's stories of pove...
Adam Dean's insight:

4.3 The role of domestic factors

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