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.
Though our work and research on matters of global economic governance continues, our posting here does not. For up-to-date information on the latest GEG news and research, please check the main GEG website and Facebook page.
Walter Mattli and I offer our vision for the future of global financial regulation on Martin Wolf’s Financial Times blog The Economists’ Forum today.
In it, we argue that nothing less than a new global architecture for the regulation of banking and finance is required. Such architecture comprises three elements: broad representation in the rule-making process, proper monitoring, and systematic enforcement.
GEG Senior Researcher Devi Sridhar and Research Associate Rajaie Batniji have published a study in the Lancet examining the financing of global health.