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Issue 2/Mar-Apr 2011

Contents

* LDC-IV: Structural transformation and decent work. An ILO agenda for the Least Developed Countries
A new report by the International Labour Office (ILO) recognizes the growth revival in the least developed countries (LDCs) in the last decade, but argues that major structural challenges in the nature of growth, employment and decent work remain. Decent work and minimum wages should become an integral part of the LDC agenda. Carla September reports

* The IMF and reforming the global monetary system. Renewed strength with reforms far behind
Since Dominique Strauss-Kahn – the self-anointed “reform director” – became the head of the International Monetary Fund, there have been regular questions as to how things are proceeding with his reforms. The diagnosis usually is: in the course of the financial crisis, the Fund has made enormous gains in power but reform of its policies and governance model are far behind. This discrepancy will not be remedied by the French G20 presidency either, so forecasts Rainer Falk.

* The recent escalation of food prices: How local people in the South are affected
In January 2011, the international food price index surpassed levels reached during the 2007-08 food crisis. According to a new UNICEF working paper (see reference), extreme price movements of agricultural commodities not only threaten the food security of millions of people but also the economic recovery and social stability of developing countries. Isabel Ortiz, Jingqing Chai and Matthew Cummins present the main findings of their paper.

* Harnessing remittances for development: Experts call for better use of benefits
Money sent home by economic migrants working in foreign countries exceeded $300bn in 2010, and this vast and growing tide of income needs to be safeguarded and channelled so that it does the most good for families and economies in the world’s poor nations, experts said at a two-day UNCTAD meeting. The 14–15 February meeting was titled “Maximizing the development impact of remittances”, Carla September reports.

* Seperately (as free content): The European Civil Society Round-Up

WDEV 2/Mar-Apr 2011 as PDF file for subscribers >>> HERE

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