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14 April 2000

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development news digest

14 April 2000 : news summary:

Inter. Organisations, Agencies & Partnerships

The young must become the UN’s reformers‘, FT, 6/4/00
~ Kofi Annan’s "ambitious" Millennium Report, which is to set the agenda for the forthcoming Millennium Assembly, depends on today’s youth to fulfil its goals.
Also: ‘Bouncing to a fairer world‘, The Economist, 8-14 April 2000
~ More about Annan’s report prior to the Millennium Assembly.

African debt, European doubt‘, The Economist, 8-14 April 2000
~ Report on the first Africa-Europe Summit in Cairo.

EU agrees to return the spoils of Africa’s corrupt regimes‘, DT, 6/4/00
~ The EU have agreed an action plan at the recent Africa-Europe Summit designed to recover billions stolen by corrupt African regimes and return it to the country of origin. Combative measures are also to be taken to tackle further corruption.

US ‘blocked trade perks for poor nations", FT, 7/4/00
~ World Bank and IMF proposals aimed at extending trade privileges to poorer countries have been thrown out by after pressure form US trade representatives.

Poorest countries attack WTO aid package‘, FT, 11/4/00
~ WTO fails to win the trust of developing countries as they judge proposals for their benefit as inadequate.

To keep them destitute and starving‘, G, 13/4/00
~ Gorge Monbiot’s damning article arguing the huge disparity between the policies of the World Bank and the image it would like to project.

Various, 9-12/4/00
~ Washington prepares itself for an influx of activists protesting at the annual meeting of the IMF and World Bank. Gordon Brown accuses protestors of being ‘misguided’.
Also: ‘Protestors against the World Bank…‘, FT, 12/4/00
~ Martin Wolf argues that protestors against the World Bank and IMF appear to want the perpetuation of mass poverty.

Brown seeks to strengthen IMF‘, FT, 12/4/00
~ In the defence of the IMF, Gordon Brown has stated that he wishes to improve its ‘surveillance of the world economy’ so that it can provide "a more effective early warning system" in the event of future financial crises.

Independent watchdog plan for IMF‘, FT, 10/4/00
~ An independent watchdog has been agreed for the IMF in an attempt to stem the criticism aimed at it for its lack if accountability.
IMF optimistic on prospects for world economy‘, DT, 10/4/00
~ The IMF has revised it’s anticipated performance of the world’s economy after several European countries experienced better than expected growth.

Economic Development

Growing again‘, FT, 6/4/00
~ Comment on recovering Asian economy.

A survey of China: Now here comes the hard part‘, The Economist, 8-14 April 2000
~ Survey looks at aspects of China’s economy.

Winners and losers and the great divide‘, G, 10/4/00
~ Article discusses how globalisation fails to redistribute the global wealth.

Aid & Debt

Spring stirs rush to scale debt mountain‘, FT, 12/4/00
~ Feature on the countries and institutions that operate debt relief programmes.

Towards National Public Expenditure Strategies for Poverty Reduction‘, PB, 7/3/00
~ Report from the Overseas Development Institute on recent blueprints and future challenges in providing national poverty reduction strategies.

Brown calls for taskforce on debt relief‘, FT, 5/4/00
~ Brown acknowledges need for more haste in debt relief initiative by calling for a taskforce to work to this end.

Brown in bid to speed up help‘, EXPoS, 9/4/00
~ Brown urges the IMF and World Bank to bring about new initiative to fast track aid to those that need it, Africa in particular.

Third World debt step‘, IND, 13/4/00
~ The IMF and World Bank have agreed to set up a joint body in an effort to co-ordinate debt relief efforts.

Third World heads focus on debt‘, FT, 12/4/00
~ Third world leaders attending a summit in Havana focused on the need to ease the burden of ‘crippling and unpayable foreign debt’ in order to help them adopt the democratic values and good governance which could lead to economic development.

Self-help group‘, FT, 7/4/00
~ The governments of 30 of the poorest countries have joined together to form a new World Association of Debt Management Offices (Wadmo) which will enable them to improve their debt management capacities.

Japan decides to forgive debt of poorest nations‘, FT, 11/4/00
~ Japan follows suit of other G7 nations and has pledged to forgive up to 100% of the poorest nations debts.
Germany plans debt write-off‘, FT, 13/4/00
~ Germany plans to follow suit with Japan and forgive 100% of the debts owed to it by the world’s poorest countries.

Indonesia starts debt talks‘, FT, 13/4/00
~ Talks have begun between Indonesia and the Paris Club of creditors to reschedule debt repayments.

EU hints at suspending aid to Zimbabwe‘, FT, 11/4/00
~ EU ministers have hinted that unless Mugabe fulfils his promise to hold free and democratic elections in May, Zimbabwe’s aid may suffer. Clare Short is forced to defend the government as Britain is criticised for its slow response to international disasters and for halving aid sent to Ethiopia while increasing the funding for Zimbabwe.

Health

Food, Nutrition and Agriculture‘, FAO, 1999
~ Publication consisting of articles tackling various aspects of food security, nutrition and agriculture in the developing world which assess and attempt to highlight ways in which the challenges facing poorer countries may be approached.

Scientists cannot control the world‘, DT, 5/4/00
~ The development of a revolutionary contraceptive device that could have huge benefits for women in developing countries has suppressed by ‘big business and politics’.

Education

Education isn’t working‘, Third Sector, April 6 2000
~ Campaigners for worldwide education rights push Blair to adopt global leadership role.

Read the World‘, G, 11/4/00
~ Looks at Western governments ‘broken promises’ on education for all in developing countries.

Government

Various, 6-12/4/00
~ Clare Short is forced to defend the government as Britain is criticised for its slow response to international disasters and for halving aid sent to Ethiopia while increasing the funding for Zimbabwe. Short claims that media have distorted the figures spent on aid.

Business, Trade & Development

Indian right- and left-wingers unite against globalisation‘, TWNF, March 2000
~ Political differences were put aside for the Solidarity Convention of People Against Globalisation who recently spoke out in opposition to "anti democratic globalisation".

Globalisation‘, The Economist, 8-14 April 2000
~ According to a new index, created by consulting firm A. T. Kearney, Singapore has the ‘world’s most global economy’.

Give trade a chance to aid developing countries‘, IND, 10/4/00
~ Feature debates the perils of protectionism and argues that trade liberalisation holds the key to helping the world’s poor. Mentions a CEPR policy paper which contains an ‘impeccable agenda for trade reform’.

Human rights weigh heavier with investors‘, FT, 6/4/00
~ A survey carried out by UK based Ashridge Centre for Business and Society, has found that the human rights record of a country has a significant bearing on corporate investors.
Also: ‘Human rights are a vital business issue‘, T, 7/4/00
~ Mary Robinson, the UN High Commissioner for Human Rights, comments on the increasing demand for human rights concerns to figure strongly in corporate policies.

Various, 12/4/00
~ The British government have taken an unprecedented step by requesting that Premier Oil cease all operations in Burma in light of its horrendous human rights record and to increase the pressure on Burma’s militant government but Premier Oil remains defiant.
Also: Various, 13/4/00
~ The Confederation of British Industry has joined in the criticism of FO minister John Battle after he made calls for companies to abandon operations in Burma.

Investors wary of developing economies‘, FT, 5/4/00
~ The World Bank has announced in its annual Global Development Report that after the 1997-8 financial crisis, international investment in the capital markets of developing countries is slow but growth can still be predicted.
Also: ‘Crisis hit economies ‘have bounced back and may see boom", IND, 5/4/00

Monsanto opts to work with the grain‘, FT, 11/4/00
~ US biotech firm, Monsanto has surprised the international community by giving away ‘free knowledge’ of the much sought after genetic structure of rice which will help scientists produce rice with a much higher yield, a discovery that would benefit developing nations.

Rare species trade ban under threat‘, T, 11/4/00
~ Differing opinion on whether trade in endangered species should be banned or limited to control trade, profits and contribute towards conservation causes debate at the 11th Convention on the International Trade in Endangered Species (CITES)

US lobbyists line up ahead of China vote‘, FT, 7/4/00
~ Opposition to normalising trade relations with China gathers momentum as a rally is planned ahead of the vote by US Congress.

Initiative seeks to close North-South "Digital Divide"‘, Terra Viva, March 2000
~ Joint venture of World Bank and Japan’s Software Corporation. An investment fund entitled ‘Softbank Emerging Markets (SBEM) will be employed to create ‘start-up Internet companies’ throughout up to 100 developing countries.

Environment

Warriors hunt for a fairer future‘, OBS, 9/4/00
~ Masai tribes people are empowering themselves by creating their own conservation areas on their land and are beginning to reap the financial benefits from tourism.

Various, 13/4/00
~ In a report on the first of the Reith Lectures on sustainable development, given this week by Chris Patten, South East Asian governments were attacked for there poor environmental record.

International Highlights: Global water issues under the spotlight‘, ENN, March 2000
~ Feature assessing the present and future global water issues and the recent World Water Forum (WWF) and Ministerial Conference that culminates in a Hague declaration.
Also: ‘Water in the Netherlands: an integrated approach‘, ENN, March 2000
~ The Dutch contributed to the WWF with its expertise in sustainable water management which could be transferred to poorer countries.

Programme Summaries‘, GECKO, Spring 2000
~ The Global Environmental Change Programme launches three Programme Summaries presenting research that is central to the Programme’s work. The themes covered are: Risky Choices, Soft Disasters. Environmental decision making under uncertainty; Who governs the Global Environment?; Producing Greener, Consuming Smarter. The reports are available online at
[ www.gecko.ac.uk ]

Greenpeace activists confront BP at artic oil site‘, Greenpeace News Release, 10/4/00
~ Update on Greenpeace attempt to halt progress of BP Amoco’s offshore oil project in the artic ocean which according to government estimates has a 24% chance of causing a major oil spill.

Grain damage‘, G, 12/4/00
~ Filipino rice growers ‘fighting for survival against the threat from landowners and seed giants’ show resistance to GM crops.


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