Social Finance Matters (investing and business models for good)
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Social Finance Matters (investing and business models for good)
The first and highest rated scoop.it blog on social finance and sustainable and inclusive business. The curations are mine.
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Development aid: Who is best?

Development aid: Who is best? | Social Finance Matters (investing and business models for good) | Scoop.it

Norway just got a gold medal for development aid, ranked as the best donor country by the donors’ own reporting body called Organisation for Cooperation and Development (OECD), currently with 34 industrialised countries as members, well, itself with a checkered background as for approval by the developing countries.

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The Nation-State Reborn - Dani Rodrik

The Nation-State Reborn - Dani Rodrik | Social Finance Matters (investing and business models for good) | Scoop.it
For now, people still must turn for solutions to their national governments, which remain the best hope for collective action. The nation-state may be a relic bequeathed to us by the French Revolution, but it is all that we have.

 

Dani Rodrik is Professor of International Political Economy at Harvard University and the author of The Globalization Paradox: Democracy and the Future of the World Economy.

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Crops and Carbon: Paying Farmers to Combat Climate Change | Routledge

Crops and Carbon: Paying Farmers to Combat Climate Change | Routledge | Social Finance Matters (investing and business models for good) | Scoop.it

Rich countries are paying poor countries to fight climate change on their behalf - and one way they are doing it is through carbon sinks. These are reservoirs of organic carbon tied up in plants and in the earth, rather than being in the atmosphere as greenhouse gases. A new book by Mike Robbins  looks critically at this mode of climate change mitigation.


Via CGIAR Climate
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Sweden: "More action and less talk" in development aid

Sweden: "More action and less talk" in development aid | Social Finance Matters (investing and business models for good) | Scoop.it

There should be less talk and more action in the Swedish development aid. This said Minister Gunilla Carlsson. She also said that Sweden will no longer give development aid directly to the state budget of the recipient countries.

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Latin America Sees Own Past in West’s Economic Crises

Latin America Sees Own Past in West’s Economic Crises | Social Finance Matters (investing and business models for good) | Scoop.it

After years of hearing lectures on fiscal prudence from the West, many in Latin America are left with bewilderment, and even a little schadenfreude, at the West’s problems.

 

For many months now, Latin Americans have been monitoring the constant drumbeat of crises in developed countries with bewilderment, irony and, yes, even a bit of schadenfreude. To them, Europe and the United States are displaying problems once associated with their region, which, not long ago, was a perennial champion in financial crises and bailouts.

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Let’s not look for the Holy Grail

Let’s not look for the Holy Grail | Social Finance Matters (investing and business models for good) | Scoop.it

We have to abandon the idea that there can be one umbrella concept that covers our work (... ) It is clear that addressing poverty in India is completely different than addressing it in post-conflict South Sudan, violence-ridden Honduras or Bangladesh.

 

Development NGOs can no longer pretend to fight ‘poverty’ in a generic way, as if the same intervention strategy is applicable in today’s different poverty realities. (...) Although development NGOs are looking for a new answer in a time of identity crisis, they will discover that there is not a single new answer but several. There is no holy grail that will buttress NGOs’ future development work.

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'In 10 years' time, Ghana may not require any aid at all'

'In 10 years' time, Ghana may not require any aid at all' | Social Finance Matters (investing and business models for good) | Scoop.it
Ghana is one of Africa's great successes – a stable and thriving country that is testament to the impact of aid.

Via Rafael Monterde Díaz
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Why Development Aid is Not Enough - Project Syndicate

Why Development Aid is Not Enough - Project Syndicate | Social Finance Matters (investing and business models for good) | Scoop.it

But the most important of all financial flows are the illicit funds that pour out of so many developing countries, which the Tax Justice Network estimates to be around ten times the development aid that they receive....

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Dependency theory – is it all over now?

Dependency theory – is it all over now? | Social Finance Matters (investing and business models for good) | Scoop.it

Despite ideas of exploitation being akin to conspiracy theories in some quarters, there are good reasons not to drop dependency theory from the development lexicon just yet...

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China's not breaking the rules. It's playing a different game.

China's not breaking the rules. It's playing a different game. | Social Finance Matters (investing and business models for good) | Scoop.it

In their Oval Office meeting earlier this week, President Obama predictably warned China's visiting president-in-waiting Xi Jinping that China must play by the rules in international trade. It sounded right and fair and slightly tough as it was carefully crafted to do by top White House political advisers, and the president may even believe it. But he shouldn't have said it.

 

The fundamental premise of all U.S trade/globalization talks and discussions is that the participants are all playing the same game of liberal, neo-classical, free market, resource endowment and comparative advantage based free trade. This is a totally false premise that immediately gets the discussions off in irrelevant directions. The global economy is, in fact, sharply divided between those who are playing the free trade game and those who are playing some form of mercantilism. Of course, there is a spectrum of attitudes and policies...

 

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Why profit-led growth is a myth

Why profit-led growth is a myth | Social Finance Matters (investing and business models for good) | Scoop.it

For at least two decades now, policymakers across the world have been preoccupied with appeasing large capital generally and financial markets in particular, in the belief that this is the main way to ensure faster rates of GDP growth and therefore job creation.

 

Now we know that such a strategy tends to be counterproductive, especially when it also involves fiscal austerity in the midst of a recession. But, in fact, this strategy did not really work even during the earlier boom, or at least not the way it was supposed to work.

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A Foreign Field: What should development look like after 2015 ...

A Foreign Field: What should development look like after 2015 ... | Social Finance Matters (investing and business models for good) | Scoop.it

Development aid is made possible by, and feeds on, the inequality of wealth between nations.

 

Aid over the past 60 years or so has been based on project or programme interventions with goals, rules and measures of success largely defined by the rich donor countries. The results have been mixed at best, and the UNDP’s Human Development Reports from 2009 to 2011 note that global inequalities are increasing, not falling.

 

Aid is entrenching itself as the modern successor to colonialism,..

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Development That Works: OPIC Earns Money for the Treasury While Funding Development Throughout the World

Development That Works: OPIC Earns Money for the Treasury While Funding Development Throughout the World | Social Finance Matters (investing and business models for good) | Scoop.it

The U.S. Government's development finance institution is the Overseas Private Investment Corporation. OPIC builds upon a known commodity -- our entrepreneurial spirit -- and puts it at the center of our outreach to the developing world.

 

OPIC is above-all an organization dedicated to free markets, and it has become one of America's most agile foreign policy instruments. It enhances U.S. foreign policy by bringing American for-profit investment into the riskiest regions and proving that for-profit American style development works.

 

The Overseas Private Investment Corporation provides loans, loan guarantees, political risk insurance and support for investment funds to Americans who invest in strife-ridden countries. OPIC helps extend the free market via a commercial enterprise, and they do it all while making money for the U.S. Taxpayer.

I am grateful to serve on the OPIC Board of Directors, and want to explain a few ways that OPIC works.....

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The midlife crisis of NGOs

The midlife crisis of NGOs | Social Finance Matters (investing and business models for good) | Scoop.it

It’s a midlife crisis. This conclusion about the current condition of the NGOs strikes my mind after reading the think-piece by Michael Edwards for the debate on the future role of NGOs. Just look at the symptoms mentioned: i) a crisis of identity, with a perceived gap between what one wants to be and what one is (thick problems and thin solutions), and ii) the existential questions about the meaning of life: what have I achieved, will I ever be able to achieve anything at all?

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Transparency in South-South Cooperation - The First Tranche ...

Transparency in South-South Cooperation - The First Tranche ... | Social Finance Matters (investing and business models for good) | Scoop.it

Transparency would, of course, give the Chávez administration an opportunity to counter its critics. It would also help the research community better understand the rapidly evolving paradigm of South-South development cooperation...

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