Can we afford to ignore migration post-2015?
With the Millennium Development Goals framework officially expiring in 3 years, discussions on what will follow are gaining momentum. The deliberations on a possible post-2015 global development framework also focus on shortcomings of the existing MDGs, such as the deliberate omission of migration. In view of the enormous global economic gains from international movements of workers - the volume of remittances by far exceeds official aid flows - can policy makers afford to ignore migration post-2015? ECDPM’s Anna Knoll argues in an article on the Talking Points blog that migration is “contentious but too important to be left out again”
due to the significant impact it has on poverty reduction and development. Knoll’s post is the first in a series of articles on the post-2015 development framework, the topic of the next European Report on Development
EU trade and development policy lacks vision
“The next decade of EU trade policy: Confronting global challenges?” is a new report published by ODI bringing together 18 essays from the world’s leading trade and development experts to discuss the EU’s new trade and development strategy. The essays, including an article by ECDPM's San Bilal, argue that the EU’s approach to developing countries lacks vision and consistency. They suggest that developing countries like India and Vietnam will lose €257 million each year due to protectionist EU trade policies. African developing countries such as Kenya and Ghana could lose €50m year. The EU also needs to give more attention to policy coherence for development and the effects of non-trade policies, such as public procurement, on developing country growth.
Trillions of dollars hidden while poor pay debts
Between 20 and 30 trillion USD of global private financial wealth was invested virtually tax‐free through more than 80 offshore secrecy jurisdictions in 2010 according to a new report published by Tax Justice Network. The research focuses on a group of mostly low-middle income countries with private offshore holdings of 7.3-9.3 trillion USD in 2010, roughly twice their aggregate gross external debts. The assets are held by a tiny wealthy fraction of these countries’ populations, while the debts are shouldered by the poorer sections. “In terms of tackling poverty, it is hard to imagine a more pressing global issue to address”, says the author.
World Bank's “institutional culture” hampers participatory development projects
“Without significant changes, the World Bank cannot be effective in inducing participation” the Bank admits in a self-critical paper reviewing its track record with participatory development projects. Unlike “organic” types of participation endogenously organised by civic groups, induced participation is driven by large-scale bureaucratically managed processes and “it requires a very different approach to development, one that pays attention to contextual variation and uncertain trajectories of change”. Projects need a strong focus on learning by doing, monitoring and evaluation and willingness to learn from failure – something the World Bank lacks, as the review of its practices shows.
Renouncement of Cotonou Agreement likely
The future cooperation between the EU and the African, Caribbean and Pacific (ACP) Group of States is the topic of a new SWP Research Paper entitled “What after Cotonou?”. The Cotonou Agreement regulating relations between the two sides will expire in 2020 and it is an open question what cooperation framework will replace it. There are more and more signs that no more common agreement between the EU and the group will follow as Europe enters into strategic partnerships separately with Africa, the Caribbean and the Pacific, according to the paper. As a successful reform of the agreement is also in the interest of the EU, it should engage more into debates on what will follow after Cotonou, the paper recommends.
Additional Articles in the Weekly Compass-Extended Version
More recently uploaded resources are available in the Weekly Compass-Extended Version