Financial Transaction Taxes and the Global South

Click here for a printer-friendly version of this fact sheet: Financial Transactions Taxes and the Global South. Spanish version: Impuestos a las Transacciones Financieras y el Sur Global. 1. What is a financial transactions tax (FTT)? A very small tax on each trade...

Nicholas Kristof: Moonshine or the Kids?

NYT columnist Nicholas Kristof is almost always a pleasure to read. He’s thoughtful and balanced while at the same time bold in calling for meaningful change, particularly for women and children around the world. Kristof rarely spares details or truths from his...
Does Corruption Create Poverty?

Does Corruption Create Poverty?

The issue of corruption resonates in developing countries. In the Philippines, for instance, the slogan of the coalition that is likely to win the 2010 presidential elections is “Without corrupt officials, there are no poor people.” Not surprisingly, the...

Strategic Dialogue: Afghanistan

These pieces are part of a strategic dialogue on Afghanistan, as part of our new South Asia focus. You can read Ed Corcoran’s piece here and Erik Leaver’s piece here. Erik Leaver Ed Corcoran’s piece, “Why Afghanistan,” focuses less on...
Skewed Priorities

Skewed Priorities

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

We Only Need One Bretton Woods II

Following several weeks of widespread global financial turmoil, leaders of several of the world’s most powerful countries are planning a summit and a series of meetings to address this burgeoning crisis. The November 15 summit and an accompanying series of...
Book Event: Broad and Cavanagh’s ‘Development Redefined’

Book Event: Broad and Cavanagh’s ‘Development Redefined’

Welcome in fittingly the World Bank and IMF annual meetings with a discussion of the newest book by American University professor Robin Broad and Institute for Policy Studies Director John Cavanagh. Entitled Development Redefined: How the Market Met its Match, the...

Dirty is the New Clean

The World Bank’s Strategic Framework on Development and Climate Change, a three-year ‘flexible’ framework for the Bank’s institutions, makes a strong case for urgent action on global warming. It goes so far as to say that climate change will potentially undo...