$4.6 Trillion Later, Foreign Aid Remains An Economic Somnolent

The governments of the Western industrialized world have provided over $4.6 trillion (in constant 2007 dollars) to the world’s less-developed countries (LDCs) over the past 50 years, the equivalent of several Marshall Plans. Some of this has been extremely useful, but aid to advance economic development has not worked well

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Let’s walk the walk towards making LDCs history, said Dr Arjun Karki of LDC Watch

Speaking at a meeting on UNCATD’s contribution to the Istanbul Programme of Action for LDCs this September, Arjun Karki, LDC Watch International Coordinator presented the NGO perspective Continue reading

Transfert d’argent du PAM aux ménages pauvres pour acheter la nourriture

TILLABERI, Niger, 11 août (IPS) – A l’appel de son nom, Rékia Djibo, 42 ans, se détache du groupe de femmes rassemblées devant une classe d’école, dans une localité du Niger, avance d’un pas rassuré vers la salle pour retirer 32.500 francs CFA (environ 61 dollars) offerts par le Programme alimentaire mondial (PAM). Continue reading

Sub-Saharan Africa Business Environment Report (SABER)

This report, written by Dr. Anita Spring and Dr. Robert Rolfe of the University of South Carolina, provides a comprehensive examination of Sub-Saharan Africa business conditions. It tracks social, political, and economic trends both for the entire region and its largest markets individually. Continue reading

Malawi’s new law targeting Chinese traders in rural areas draws criticism

The move in Malawi to close down Chinese businesses outside the four major cities has been condemned as xenophobic by rights organisations. A new law enforced on 31 July barred foreigners from carrying out trade in Malawi’s outlying and rural areas.

The investment and export promotion bill required traders to move to the southern African nation’s major cities: Lilongwe, Blantyre, Mzuzu and Zomba. The law is an attempt to protect local small-scale businesses from competition from foreign traders. Continue reading

ONU: taxer les super-riches pour financer l’aide au développement

Ensemble ils représentent une fortune estimée à 4.600 milliards de dollars, soit 3,75 milliards de dollars en moyenne par personne.

La Cnuced (Conférence des Nations Unies pour le commerce et le développement) suggère de taxer les milliardaires pour dégager des dizaines de milliards de dollars de ressources en faveur des pays en développement, dans son dernier rapport annuel sur la situation économique et sociale. Continue reading