Getting reliable and up to date information on humanitarian emergencies and conflicts is a major challenge for development agencies. Often, global crises are met by too little, too late. News of events on the ground become lost and we are left learning lessons for the future rather than tackling the causes of the crisis. The rights of those in the centre of crisis and conflicts are often pushed aside and innocent people are killed or [...] Read more »
Impact of global crisis on poverty?
The Global Monitoring Report 2010 attempts to assess the impact of the global economic crisis on poverty. Are the numbers useful? According to the World Bank’s analysis, the global economic crisis has had an negative impact on poverty, but could have been much worse. The report argues that timely and effective policies, including IFI assistance, helped save the day. What was the impact of the crisis? The report correctly says that it’s too early to [...] Read more »
India charges through the global crisis?
Martin Wolf of the Financial Times points out that ‘in the 2008-09 financial year, India’s gross domestic product expanded by 6.7 per cent. This year it is forecast to grow by 7.2 per cent.’ (Martin was also in Delhi in February and made similar comments on why India is leading post-crisis growth.) This is correct, but the quarterly and monthly economic data tells a more nuanced story and reveals more about the remarkable recovery. The economy [...] Read more »
