Alliance2015 has just published its fifth 2015-Watch. This year’s report addresses the question of whether Europe is on track to fulfil its MDG commitments. It analyses in considerable detail the extent to which the programming of European Commission (EC) aid is directed towards the achievement of the MDGs, and it finds a strong legal and policy framework, but much to be done on programming and implementation, report Birgit Dederichs-Bain and Olive Towey.
The report, The EU’s contribution to the Millennium Development Goals - Poverty Eradication: From Rhetoric to Results?, is released at a crucial time in follow up to the Accra High Level Forum on Aid Effectiveness (2-4 September) and in advance of the UN MDG Summit in New York (25 September). At the High Level Forum in Accra too, Europe drove an ambitious agenda for change and provided clear leadership in efforts to make global aid more effective. The UN Summit will review progress towards meeting the MDGs by 2015 and the importance of demonstrating European progress and impact in this context and beyond is undeniable ... ... this article comes up in Issue 5/Sep-Oct 2008 and is for subscribers only. For direct log in >>> click here.If you have no subscription >>> pick your option or >>>
Race to a New Bretton Woods + Time for UN to Act + Stiglitz' New Economic Compact + China's Agrarian Reforms + Transparency Deficit of IMF and World Bank
Since the financial meltdown began in mid-September, the bond markets of most of the region have been hit, as well as most of their stock markets and a number of currencies. Can South America escape the wrath of the economic and financial storms that have their epicenter in the United States?
On 11 October 2008, the International Working Group of Sovereign Wealth Funds (IWG) released the Generally Accepted Principles and Practices (GAPP) that would guide the governance and accountability framework of sovereign wealth funds (SWFs).
For years, only a small and enlightened elite and some NGOs looking beyond their tiny projects have been calling for a New Bretton Woods - a global conference to restructure the global economic and financial system. Yet suddenly such demands have become almost mainstream, and developments have accelerated tremendously.
The timing has been perfect: In the middle of October, the Central Committee of the Communist Party of China approved a reform proposal that will allow farmers to lease or transfer their land rights. Called a "historic" decision by some observers, the Chinese government announced it as Chinas contribution to counter the financial crisis.
The 2008 US Presidential election was historic itself owing to the candidates' profile. But the timing of the elections as the U.S. and global economy are in the midst of the worst financial crisis and recession in decades reminds us of the Great Depression era and the 1980s recession.