Over the past couple of years, developing countries have been trying to repay billions of dollars in loans. Many of these loans had been accumulated under corrupt Cold War regimes, and have now become a serious obstacle to overcoming poverty and acting as a hindrance to economic development. Governments of developing countries have been taking …
Tag: International Aid
Mar 15
The Sexy Disaster Effect
Since 2003, the conflict in Darfur has been in and out of the international public’s awareness. Over the years, governments all around the world have hesitated to label the loss of life happening on the ground as a genocide, since that would have certain ramifications that could involve military intervention and technically breaching Sudan’s sovereignty. …
Mar 09
Egypt Reborn
Economic Development in Egypt: The Next Step What’s next for Egypt? This is the one crucial question that people have on their minds. The Post-Mubarak era promises a lot, but can the new regime increase economic development in the country and get Egypt to its full potential? Don’t get me wrong. I am not proclaiming …
Feb 28
Women and Sustainable Development
Women in many parts of the African continent perform up to 80% of the labor in their respective countries, yet are often denied basic rights, such as the right to own land, to access credit, and to operate their own businesses. They are the fundamental caregivers and providers of their families, yet many of them …
Feb 21
What You Don’t Know About U.S. Foreign Aid
This week Congress has been debating the upcoming year’s budget, with the new Republican leadership in the House of Representatives vowing to cut spending as much as possible. Included in those spending cuts is US Foreign Aid, or Official Development Assistance (ODA). House Republicans proposed up to 50% cuts in the funding of critical development …
Feb 17
“Poverty Trap” or “Dead Aid”?
For decades, economists, historians, scholars and the like have studied economic development on the continent of Africa, seeking to explain what factors account for the region’s slow growth. From my own research, two interesting schools of thought have emerged: the concept of the “Poverty Trap” as purported by venerated economist and director of the UN …
Feb 11
Farm Subsidies in Africa and USA
Following my previous blog discussing how rich-country agricultural subsidies hurt developing countries in Africa, this video provides a picture of the ways some African farmers are struggling to sustain themselves. While Subsidizing Poverty (Part One) discusses how rich-country subsides contribute to poverty through price depreciation, this video explains how subsidies implemented by poor countries actually …
Jan 20
No More Dumb Development
The Administrator of USAID spoke yesterday at an event hosted by the Center for Global Development. For those unable to venture to Washington or to gain access to the event, it was streamed live on the new USAID website celebrating 50 years for the agency (http://50.usaid.gov). This new site highlights the achievements of the last …
Jan 12
Our Arrogance is Partly to Blame
It would seem that to address social problems around the globe requires celebrities and western donor nations. When the earthquake hit Haiti in January of 2010, it appeared as though nothing would happen unless you donated to a big American charity. For of course, Haitians would be unable to do anything without us. In the …
Jan 10
Development Innovation Ventures Fund
In October 2010, USAID announced that they had awarded 8 organizations with Development Innovation Ventures Grants. These grants seek to work with a variety of partners to create innovative scalable solutions to core development challenges. Here are a brief profile of some of the awarded organizations and how they plan to use the funding: