Financing for global public goods remains dangerously low. Yet the Gates Foundation shows there is a case for an international institution to invest in the needs of developing countries. Subramanian suggests the World Bank should do this – will the developed world agree?
The WSJ report of too much microfinance raises a dangerous parallel with the subprime crises. It is time that social investors scaled back their optimism on the impact of microfinance and its investment potential. As this crises has shown, endless growth cannot be without consequence.
The Indian Solar Mission is an example of a developing country attempting to decouple growth from carbon emissions. But if developed countries want concerted action on climate change it is time they put their money where their mouth is. Then we can start defining a post-Kyoto framework.
Prime Minister Manmohan Singh decided to embrace Pakistan in Egypt, saying dialogue is the only way forward. He renders us weak for future negotiations and ignores that Pakistan does not want peace. He should remember that if you want peace, prepare for war.
The Economist debate on foreign aid and philanthrocapitalism entirely misses the point. Neither is perfect, but to switch one for the other is simply to change one benevolent patriarch for another.
A new survey by the Poverty Action Lab on the impacts of microfinance raises as many questions as it answers.
Sri Lanka has finally defeated the LTTE and declared victory. But to secure the peace it may learn from the experiences of Palestine and India. Building a unified state will require the government to make some sacrifices too.
Health policy and practice continue to be key issues on the development agenda. A short introduction to Global Health Ideas – a blog that has been following changes in that agenda and now has a new home.