According to the new Development Co-operation Report of OECD’s Development Assistance Committee (DAC), aid donors will have to increase funding for aid programmes faster that any other public expenditure in order to fulfil their commitments to increase aid to $130bn and double aid to Africa by 2010. Aid funding, recently rising by 5% per year, would have to rise by 11% every year from 2008 to 2010 if promises should be met. WDEV gives a summary of the report with the latest aid figures at a glance.
As the report warns, total official development assistance (ODA) from DAC member countries rose by 32% in 2005 to US$106.8bn - a record high. This represents 0.33% of members’ combined gross national income in 2005, up from 0.26% in 2004, and the highest ratio since 1992. But the lion’s share of the increase came from debt relief grants (particularly to Iraq and Nigeria), which more than tripled, and from humanitarian aid, which rose by 15.8% ... ... this article is for subscribers only. For direct log in click >>> here.If you have no subscription >>> pick an option or >>> buy the article.
Weakening of workers' rights in most regions is being aggravated by severe crackdowns on freedom of speech and assembly, according to the 2016 Global Rights Index. Restrictions on freedom of speech and assembly, including severe crackdowns in some countries, increased by 22%, with 50 out of 141 countries surveyed recording restrictions.
The year 2015 was marked on the one hand by the inability of the European Union (EU) to emerge from the crisis, and on the other by a dramatic rise in the number of people taking flight from their homes and from their homelands, because of wars and terrorist attacks, in many cases caused by the destructive policies of the EU and of its member states.
The world economy stumbled in 2015 and only a modest improvement is projected for 2016/17 as a number of cyclical and structural headwinds persist, says the United Nations World Economic Situation and Prospects (WESP) 2016 report. Global growth is estimated at a mere 2.4% in 2015.
Within a few weeks leftwing governments in Latin America have experienced a breath-taking decline. The Latin American (centre-) left forces suffered several strategic defeats. They occurred in the biggest Latin American economies. First in Argentina, than in Venezuela, and also in Brazil the days of an uncontested majority of left forces are definitely over now.
14 years after their previous strategy on gender mainstreaming, the WBG has decided to develop a new Gender Equality (GE) Strategy. This briefing document presents WIDE+ critical reflections and key recommendations to enhance the new World Bank Group's (WBG) strategy on Gender Equality.