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16 June 2000

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development news digest

16 June 2000 : news summary:

Inter. Organisations, Agencies & Partnerships

Africa demands a greater voice…‘, Terraviva, May 2000, p8
~ African countries are pushing for greater African representation at the World Bank and IMF.

Georgia joins WTO‘, FT, 14/6/00
~ Georgia becomes the 137th member of the WTO.

According to World Bank experts…‘, G, 14/6/00
~ Richard Douthwaite refutes the view expressed in a recent World Bank report that global free trade benefits the poor as well as the rich.
Also: Various, 15/6/00
~ The author the WB’s annual World Development Report has resigned after a row over the role of the free market in developing countries. The view of the author came into direct conflict with that articulated in the bank’s recent ‘Growth is Good’ paper.

Economic Development

India must cut deficit says IMF chief‘, FT, 9/6/00
~ India can achieve higher economic growth claims Horst Kohler but it relies on the governments ability to achieve reforms and cut its budget deficit.

The only way is up‘, G, 15/6/00
~ Takes a look at the challenges which face Africa and how the West can help.

Aid & Debt

To forgive or not to forgive debt…‘, Terraviva, May 2000, p13
~ Japan is facing pressure to support debt cancellation for poor countries.

Debt relief stalled‘, G, 12/6/00
~ Only five countries have received any debt relief since the G8 summit.

Plan to cut goods-for-aid watered down‘, FT, 14/6/00
~ A proposal to bring an end to tied aid has been watered down ahead of OECD meeting.

Britain blocks £35m package of EU aid to Liberia‘, T, 14/6/00
~ Aid blocked after last minute suggestions that Liberian president is helping Sierra Leone rebels.

Give poor Nigeria a chance‘, FT, 15/6/00
~ Misconceptions of Nigeria as a rich, corrupt country fails to do justice to its poverty and its new president who helped to fight Abacha’s corrupt regime. Aid must be given to Nigeria’s burgeoning democracy before it is too late.

Health

New African Aids link‘, IND, 13/6/00
~ Health minister claims in excess of three-quarters of new Aids cases among heterosexuals in the UK originated in Africa.

Britain’s £15m to fight Aids in China‘, IND, 14/6/00
~ China launches its fight against Aids with the help of £15.3m of DFID initiatives over the next five years.

Education

Mexico’s hidden election issue‘, The Economist, 10 June 2000, pp77-78
~ Mexico needs increased investment in education.

Education will help to solve Africa’s problems‘, IND, 13/6/00
~ UN Conference on Women & Development speech gives education as one of the single most important means of empowering women and lifting them out of poverty.

Government

Prescott to trot the globe as Third World Ambassador‘, ST, 11/6/00
~ Prescott is named as "prime minister for the Third World" by Blair.

Business, Trade & Development

Exploitation a world away from the glitz‘, G, 10/6/00
~ Article looks at the exploitation of third world workers behind the scenes of the leading sports companies sponsoring and advertising at Euro 2000.

Globalisation with a human face‘, Terraviva, May 2000, p14
~ A senior EU official for development issues claims globalisation is one of its objectives but stresses this as ‘globalisation with a human face’.

West gambles millions in oil in Angola, land of dying children‘, INDoS, 11/6/00
~ Oil companies compete to invest money in Angola’s oil-rich water amidst allegations that oil revenue fuels corruption and the civil war.

PNTR alarms small farmers‘, FT, 13/6/00
~ Mixed reactions to China’s trade deal as US farmers fear increased exports from China will drive agricultural commodity prices even lower.

Success is a military operation‘, T, 15/6/00
~ A ‘new breed of high tech company’ is emerging making use of low costs in poverty stricken areas and the Internet to link with headquarters located in the developed world.

Nurturing a scarce pool of potential‘, FT, 15/6/00
~ India’s business potential in the era of globalisation.


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