World hunger is not new. Before the current price increase, 850 million people – 13% of the world’s population – were chronically hungry. The number of under-fed people has steadily climbed over the past decade. Now, the World Food Programme estimates that the crisis has driven another 100 million people into hunger, including even urban middle class people in Indonesia and Mexico. Katarina Wahlberg discusses strategic approaches against starvation.
UN Secretary General Ban Ki-moon, World Bank President Robert Zoellick and other leaders are urging governments to act promptly. But before jumping on the official bandwagon, we must ask what kind of action, and what brought this crisis on ... ... this article is published in Issue 3/May-Jun 2008 for subscribers only. For direct log in >>> click here.If you have no subscription >>> pick your option or buy the article >>> here.
After decades of isolation - imposed by major OECD countries out of concern for the country's human rights violations - Myanmar is emerging as a new darling of the "West" - judging by the accelerating succession of visits by senior officials and gurus. New groups of investors are waiting to enter the country as soon as possible.
Persistent high unemployment, the euro area debt crisis and premature fiscal austerity have already slowed global growth and factor into the possibility of a new recession. Now the United Nations have downgraded significantly its forecasts for the world economy in the next year.
Eastern European states are in for a new round of the crisis. The external control of the banking sector and high reliance on external credit has landed the countries of Eastern Europe in a vulnerable position. Now, credit flows from Western banks are drying up again. Hungary has been the first country in the region to ask for IMF support again.
While the G20 efforts to manage global aggregate demand, exchange rate management and stronger regulation of the international financial sector have not worked out quite as planned, in Cannes the Group was further solidifying its role in directing the system of multilateral institutions.
In November 2011, the German Federal Ministry for Economic Cooperation and Development (BMZ) is celebrating its 50th anniversary.The new Minister, Dirk Niebel of the (neo)-liberal FDP has launched a 'radical change of course'. In the recent edition of the Reality of Aid shadow report the change is analyzed.