World Economy & Development In Brief http://www.world-economy-and-development.de/ en Pressure on Workers Grows as Crisis Hits Jobs http://www.world-economy-and-development.de/wearchiv/042ae69d920a59401.php The ITUC's Annual Survey of Trade Union Rights has documented a dramatic increase in the number of trade unionists murdered in 2009, with 101 killings - an increase of 30% over the previous year. The new Survey also reveals growing pressure on fundamental workers' rights around the world as the impact of the global economic crisis on employment deepened. 2010-07-30 Minister Niebel's Leitmotiv: "German Interests" http://www.world-economy-and-development.de/wearchiv/042ae69d85106d401.php Barely in office, German development minister Dirk Niebel unambiguously mapped out the road: he wants to ensure that development cooperation once again focuses on German interests. This position provoked-probably intentionally-protest from the greater part of the German development community. 2010-07-30 The Baltic Future of Greece http://www.world-economy-and-development.de/wearchiv/042ae69d6b0fd6401.php Latvia and Estonia show us what Greece may look forward to if it follows the advice it gets from the International Monetary Fund (IMF) and the European Union. As noted previously, Latvia has experienced the worst two-year economic downturn on record, losing more than 25% of GDP, a recent study shows. 2010-07-30 Greece: A European Crisis Needs European Solutions http://www.world-economy-and-development.de/wearchiv/042ae69d690efd401.php A group of economists has written an open letter to European policymakers criticising their collective failure to address the Greek crisis as a European crisis. It sets out the various causes of the Greek crisis, of which poor fiscal management by that country is only one, and points out the European dimension of the problems. It calls for decisive and coordinated policies by European and national actors to stem the crisis. 2010-07-30 IEG Evaluated World Bank's Gender Support http://www.world-economy-and-development.de/wearchiv/042ae69d5f0fbc601.php The evaluation of the Independent Evaluation Group (IEG) of the World Bank's support for gender issues between 2002 and 2008 is of significant relevance in the light of the Beijing+15 review and the launching of gender mainstreaming as crucial strategy for all institutions and organizations. 2010-07-30 BRICs Urged Reform of Financial Architecture http://www.world-economy-and-development.de/wearchiv/042ae69d5d0bc9701.php At a summit in Brasilia the leading emerging economies said IMF and World Bank urgently need to address their "legitimacy deficits", and the world in the long-run should move from the dollar. The meeting underscored the need for a greater say of the new economic heavyweights of the South. 2010-07-30 How Top Banks Assist Producers of Cluster Bombs http://www.world-economy-and-development.de/wearchiv/042ae69d5c0e14202.php Almost a year and a half after the historic signing of the Convention on Cluster Munitions (CCM) in Oslo in December 2008, 146 financial institutions from 15 countries around the world still provide over US$43bn worth of investments and financial services to seven producers of cluster bombs. 2010-07-30 Poverty Up as European Union Aid Falls http://www.world-economy-and-development.de/wearchiv/042ae69d5a0e1e101.php The data for official development assistance (ODA) 2009 published by the OECD's Development Assistance Committee (DAC) in April 2010 give a bleak picture. In a year of severe world economic crisis, ODA, generally acknowledged as the essential tool to fight poverty, stagnated. And EU ODA fell. 2010-07-30 The IMF's Green Fund Proposal http://www.world-economy-and-development.de/wearchiv/042ae69d480ee8e01.php Just eight weeks after IMF Managing Director Dominique Strauss-Kahn ventured the expertise of his organization to help the international community to "think outside of the box" on climate financing, the IMF staff has delivered: Print-fresh from Washington's 19th Street comes a short, but content-heavy paper by two IMF economists on how an international Green Fund partially financed by climate-SDRs could be set-up with the goal of generating some US$ 100 billion per year by 2010. 2010-07-30 Millennium+10: Making the MDGs More Sustainable http://www.world-economy-and-development.de/wearchiv/042ae69d450f31d01.php A series of meetings to prepare the upcoming MDG+10 Summit in New York has begun. A Special high-level event of UN Economic and Social Council (ECOSOC) with the Bretton Woods institutions, the World Trade Organization (WTO) and the UN Conference on Trade and Development (UNCTAD), took place on 18-19 March 2010. 2010-07-30