Will the Post-2015 report make a difference? Depends what happens next From Poverty to Power by Duncan Green An edited version of this piece, written with Stephen Hale , appeared on the Guardian Poverty Matters site on Friday Reading the report of the High Level Panel induces a sense of giddy optimism. It is a manifesto for a (much) better world, taking the best of the Millennium Development Goals, and adding what we have learned in the intervening years – the importance of social protection, sustainability, ending conflict, tackling the deepest pockets of poverty, even obesity (rapidly rising in many poor countries). It has a big idea ( consigning absolute poverty to the history books ) and is on occasion brave (in the Sir Humphrey sense ) for example in its commitment to women's rights, including ending child marriage and violence against women, and guaranteeing universal sexual and reproductive health rights. The ambition and optimism is all the mo...
Zimbabwe introduces cash transfer scheme Global development news, comment and analysis | guardian.co.uk Education assistance and child protection and cash transfers at core of national action plan for orphans and vulnerable children Zimbabwe has launched a $75m plan to protect orphans and vulnerable children over the next three years. The money will come from the Zimbabwean government and donors, including the UK, the European Commission and the UN children's agency, Unicef. Some $45m of the money for a child protection fund has been raised from donors, leaving a $30m shortfall that will need to be covered before full national coverage can be ensured. The scheme is part of a national action plan for orphans and vulnerable children that involves education assistance, child protection and cash transfers to the poorest families. Cash transfers have been tried with some success in Brazil, Mexico and South Africa. Zimbabwe is the latest country to adopt th...
The Market Has Spoken – And It Is Rigged The Baseline Scenario By Simon Johnson In the aftermath of the Barclays rate-fixing scandal, the most surprising reaction has been from people in the financial sector who fully understand the awfulness of what has happened. Rather than seeing this as an issue of law and order, some well-informed people have been drawn toward arguments that excuse or justify the behavior of the Barclays employees. This is a big mistake, in terms of both the economics at stake and the likely political impact. The behavior at Barclays has all the hallmarks of fraud , pure and simple – intentional deception for personal gain, causing significant damage to others. The Commodity Futures Trading Commission nailed the detailed mechanics of this deception in plain English in its "Order Instituting Proceedings" (which is also a settlement and series of admissions by Barclays). Most of the compelling quotes from traders ...