To make the IMF relevant will take more than a new leader Recently, the talk has been who will succeed Dominque Strass-Kahn as IMF Managing Director. Apparently, UK Prime Minister David Cameron will block his predecessor (and adversary) James Gordon Brownfrom attaining the post–wouldn’t make a difference in my view; both PMs are/were neo-liberals. This more other link states that the IMF needs more than just another director (from Europe). Indeed, while the IMF has learnt how neoliberalism is terrible, it has hardly reformed as much as its sister, the World Bank has.
Growth Identification and Facilitation: The Role of the State in the Dynamics of Structural Change The Journal Development Policy Review is one of my favourite academic journals, having used in in both IPE and Development Studies work. This issue (I don’t think you need academic access) focues on the role of the state in growth–a common topic but still hotly debated. One of the authors of one of the papers in Justin Yifu Lin, the Chinese economist who is still curenntly the World Bank’s economist.
The White Man’s Burden: Has Western-styled Development really assisted Sub-Saharan States? An article from one of my projects, the great Global Politics Magazine. Personally, I don’t agree with the author, but take a look and comment on the article.
History Matters: Growing the United Nations and its Specialized Agencies This site lists the important history of the UN in the realm of development vis-à-vis the Bretton Woods Institutions. Something which I noted in my Masters dissertation.
Helen Clark: How to push for reform at the HQ-level Helen Clark, the ex-New Zeland PM turned UNDP Administrator is also the chair of the the United Nations Development Group (UNDG), a consortium of 32 UN agencies working on development issues. More than just a group, it was formed to streamline UN development efforts as one. Her speech here focuses of coordinating as one at the high (administrative) level.
IMFC Selects Tharman Shanmugaratnam as New Chairman Another first for Singapore (though I’m not using this as a advertisement for the country’s sucesses). It’s current Minister of Finance, Tharman Shamugaratnam is selected as the Chairman of the International Monetary Fund’s International Monetary and Financial Committee. In a way, the selection does signify Singapore’s current open-market and may I say, neoliberal approach. (Which works for the country).
John Norris: 5 Misconceptions About US Overseas Aid I previously wrote a post titled . In this Devex news release, it covers only five broad myths. I dare say my list is better.
The Chinese in Africa – is there a backlash? Oxfam GB’s Duncan Green wrote a thought-provoking post on China’s rising aid activities in Africa. At least Duncan’s post is more balanced than some of the usual falk that comes out of western (or rather) US commentators on China.
Sad Farewell, Exciting Horizons Owen Barder returns to the neoliberal think tank, the Center for Global Development. I do respect Barder as an economist–his articles and opinions do deserve wide readership. However, he worked (and now is returning to) a think tank that is staffed with people who still cling on to neoliberal ideas. Oh well…
A post-Washington consensus approach to local economic development in Latin America? An example from Medellín, Colombia Last but not least an Overseas Development Institute (ODI) article on Post-Washington Consensus local economic development in Colombia.
PS: Congratulations to the Duke and Duchess of Cambridge.