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Europe Global Environment & Development The New South From G8 to G20 The Development Agenda UN Reform Global Finance Doha Final The Euro-zone in Crisis Eastern Europe

WDEV Highlights of 2007

The 12 top articles from this year's volume

Special Report: Climate Change and Human Rights
Climate change is far from being just an ecological issue; it is also an issue of equity. Equity has at least two dimensions. First, the fair distribution of burdens and benefits of fossil fuel use among nations. Secondly, the universal protection of the fundamental rights of every human person to water, food, housing, and health. A new report focuses on the latter.
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Retreat or a New Wave of Globalisation?
Whereas the prominent globalisation critic Walden Bello already sees the “retreat of globalisation”, the World Bank in its most recent report believes that a new globalisation wave is about to hit and the decisive issue is how to manage the globalisation of the next 25 years. Yet the protagonists have more in common than generally assumed.
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Shifting the Debate: A Double Majority for the IMF
The International Monetary Fund (IMF) has initiated a series of reforms that some say will act to dampen existing power discrepancies. However, the proposed reforms, if implemented as currently being discussed, will actually prove regressive for developing country interests.
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Financing for Development: From Monterrey to Doha
Currently Doha, the capital of the Arab Emirate Qatar, stands for the latest WTO round. This may soon change: In 2008, the United Nations will hold their 2nd Global Conference on Financing for Development (FfD) in Doha.
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The Wolfowitz Affair One Week After
The agenda for the high-level IMF/World Bank Spring Meetings a week ago was suitably ambitious. But then, the buzz in overall Meetings was just about Paul Wolfowitz, the two-year American President of the World Bank. Not about his achievements, mind you, of which – as even his staunchest supporters have to admit – there are so far precious few.
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G8: Surprise Us ... and Remember Your Promises!
In a few weeks, eight of the world's most important leaders will meet in Heiligendamm. So as the G8 meets again, what can we expect? Well, for those working towards the achievement of the Millennium Development Goals by 2015, I would say not much, writes Eveline Herfkens.
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Rogue Aid Talk: Mirror, Mirror on the Wall ...
Under the heading "Rogue Aid" Moisés Naím, editor of the US magazine Foreign Policy, has published an article that has attracted considerable international interest. Articles of this kind, in which up-and-coming countries of the South are perceived primarily as a threat, have recently become very common in the OECD world.
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German G8 Politics on the Eve of Heiligendamm
The drafts for Heiligendamm are full of clichés: growth and responsibility, social and sustainable shaping of globalisation and – obviously – fair partnership with the rest of the world. That sounds good. But the gigantic expense just for security is entirely disproportional to the economic and development policy outcomes to be delivered by this summit.
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The EU Presidency Outlook for Development
July marks the handover of the reins of the EU presidency from Germany to Portugal, providing a moment to pause and assess the German contributions to development as well as the agenda for the rest of 2007 for the Portuguese. The EU has the opportunity to show it is capable of re-forming the $10bn of annual Community aid.
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The Latest Global Financial Crisis
Almost exactly ten years after the Asian crisis, the world is again confronted with a veritable financial crisis. This time the harbingers arise on the other side - the USA rather than East Asia. Today it is the fallout of the real estate crisis in the USA which threatens the financial markets.
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Will Strauss-Kahn Lead the IMF Out of Crisis?
The International Monetary Fund (IMF) should no longer act as “gendarme” of the world economy. It has to reform itself in order to restore its relevance and legitimacy. Wherever the new IMF Managing Director, Dominique Strauss-Kahn, currently speaks, the message is quite clear: here comes someone who wants to change the Fund.
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Lisbon EU-Africa Summit: The Day after …
Will the Lisbon Summit (to be held on 8-9 December) and the new Africa-EU joint Strategy bring substantial change in the way both partners handle their relationship? It is useful at this stage to start looking beyond the Summit and to raise a small selection of issues that amongst others will deserve attention in 2008.
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2008: The Risk of a Global Economic Recession / Climate Change: More Action after Bali Talks


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