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February 27 2012

02mydafsoup-01

[...]

American officials have traditionally viewed the World Bank as an extension of United States foreign policy and commercial interests. With the Bank just two blocks away from the White House on Pennsylvania Avenue, it has been all too easy for the US to dominate the institution. Now many members, including Brazil, China, India, and several African countries, are raising their voices in support of more collegial leadership and an improved strategy that works for all.

From the Bank’s establishment until today, the unwritten rule has been that the US government simply designates each new president: all 11 have been Americans, and not a single one has been an expert in economic development, the Bank’s core responsibility, or had a career in fighting poverty or promoting environmental sustainability. Instead, the US has selected Wall Street bankers and politicians, presumably to ensure that the Bank’s policies are suitably friendly to US commercial and political interests.

Yet the policy is backfiring on the US and badly hurting the world. Because of a long-standing lack of strategic expertise at the top, the Bank has lacked a clear direction. Many projects have catered to US corporate interests rather than to sustainable development. The Bank has cut a lot of ribbons on development projects, but has solved far too few global problems.

For too long, the Bank’s leadership has imposed US concepts that are often utterly inappropriate for the poorest countries and their poorest people. For example, the Bank completely fumbled the exploding pandemics of AIDS, tuberculosis, and malaria during the 1990’s, failing to get help to where it was needed to curb these outbreaks and save millions of lives.

Even worse, the Bank advocated user fees and “cost recovery” for health services, thereby putting life-saving health care beyond the reach of the poorest of the poor – precisely those most in need of it. In 2000, at the Durban AIDS Summit, I recommended a new “Global Fund” to fight these diseases, precisely on the grounds that the World Bank was not doing its job. The Global Fund to Fight AIDS, TB, and Malaria emerged, and has since saved millions of lives, with malaria deaths in Africa alone falling by at least 30%.

The Bank similarly missed crucial opportunities to support smallholder subsistence farmers and to promote integrated rural development more generally in impoverished rural communities in Africa, Asia, and Latin America. For around 20 years, roughly from 1985 to 2005, the Bank resisted the well-proven use of targeted support for small landholders to enable impoverished subsistence farmers to improve yields and break out of poverty. More recently, the Bank has increased its support for smallholders, but there is still far more that it can and should do.

[...]

A World Bank for a New World | social-europe.eu - Jeffrey D. Sachs 20120227 
Reposted bydatenwolfmihaicontinuum

October 12 2011

02mydafsoup-01
Play fullscreen
Chris Hedges shuts down CBC Kevin O'Leary - Occupy Wall Street

Occupy Wall Street - Pulitzer Prize winning journalist Chris Hedges shuts down CBC commentator Kevin O'Leary as they discuss Wall Street protests.

More:
www.youtube.com/watch?v=SaCufTW9ID4

Chris Hedges - bio
http://en.wikipedia.org/wiki/Chris_Hedges

Kevin O'Leary - bio
http://en.wikipedia.org/wiki/Kevin_O%27Leary_%28entrepreneur%29

Reposted by99percent 99percent

May 18 2011

02mydafsoup-01
Vortrag von Joseph Stiglitz in Dänemark, Mai 2011.

Der gesamte Post wurde wegen Autoplay-Voreinstellung gelöscht. Der Videovortrag ist akkustisch leider alles andere als gelungen, inhaltlich allerdings eine Delikatesse .... befindet sich jetzt ausschließlich als Twitter-Posting auf soup.io hier:

http://02mydafsoup-01.soup.io/post/132468108/Lecture-on-economy-by-joestiglitz-video-1h

May 07 2011

"The IMF’s Switch in Time" by Joseph Stiglitz

The annual spring meeting of the International Monetary Fund was notable in marking the Fund’s effort to distance itself from its own long-standing tenets on capital controls and labor-market...
Reposted from02myEcon-01 02myEcon-01

April 16 2010

Chosen links - oanth - 20100416

Pointer - Wegweiser
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Chosen links on/via oanth - 20100416
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    concerning tags / Schlagwörter:

    just to inform you - there seems to be a bug for tag-signification inside the text space: it happend several times that it added automatically in the hyperlink-urls the path of the whole pointer/Wegweiser posting and the linked url was transformed to a ../tag/... path - up to now I have no idea, what precisely may have caused this; the only thing what stopped it was that I deleted the tags from the html text field and stayed inside the provided tag line. - oanth 20100418

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    oanth - CEST 01:30 20100417 - soup.io
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