Tagged: development aid

Does Corruption Create Poverty?

Bribery and sweetheart deals are a curse for democracy and civil society. But as columnist Walden Bello explains, corruption is not the principal cause of global poverty.

Skewed Priorities

The approximately $4.1 trillion that the United States and European governments have committed to bail out financial firms is 40 times the money they’re spending to fight climate and poverty crises in the developing world.

We Only Need One Bretton Woods II

The November 15 economic summit isn't the best way to address many of the underlying issues that contributed to the global economic crisis in developing countries.