Just think about it. The $700 billion rescue package that the US Congress approved for the financial crisis is equal to seven times current yearly aid levels, or the equivalent of global aid flows between now and 2015, the year that marks the target for the Millennium Development Goals. It will be spent within a [...]
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Would revising the ‘Make Poverty History’ slogan to ‘Make Poverty Slightly Less’ reduce public cynicism about development aid? At a recent London conference (28 November, 2008) on ‘Giving for Development’, held at Cass Business School, City University, it was argued that the current development narrative is too ambitious. Qualitative research presented at the conference showed many Britons believe the government’s development efforts are largely driven by celebrity activists like Bono and Bob Geldof. Thus, it was suggested that a more modest development narrative could assist in lowering public expectations about what the government is able to achieve with regards to poverty alleviation in Third World countries.
December 3, 2008 / climate change
President-Elect Barack Obama has recently indicated that he will support a cap-and-trade regime for mitigating climate change. A buyer liability-based system could provide the basis for a politically realistic cap-and-trade regime not doomed by enforcement problems. It could therefore contribute to effective regulation of greenhouse gas emissions.
Tags: climate change