Number of hungry people still ‘unacceptably high’

Yesterday, the UN’s Food and Agriculture Organisation (FAO) and the United Nations World Food Programme (WFP) said that the number of hungry people in the world remains unacceptably high despite expected recent gains that have pushed the figure below 1 billion. The new estimate of the number of people who will suffer chronic hunger this year is 925 million — 98 … Continue reading

Posted by Nigel Tree | Comments Off on Number of hungry people still ‘unacceptably high’

Poorest countries need to adopt a new approach

The UN Conference on Trade and Development (Unctad) has just published its “Least Developed Countries Report 2009”, which looks at the world’s 49 poorest countries.   The report says the Least Developed Countries (LDCs) need to focus macroeconomic policy on building up both the productive capacity of their economies and infrastructure. Also, they need to ensure that their fledgling banking … Continue reading

Posted by Nigel Tree | Comments Off on Poorest countries need to adopt a new approach

Why aid to Africa must increase

 I came across this blog yesterday by Shanta Devarajan, the Chief Economist of the Africa Region at the World Bank, and thought that it would be good to copy it in full. “In rich countries, when economic growth declines by three or four percentage points, people lose their jobs and possibly their houses, but they regain them when the economy … Continue reading

Posted by Nigel Tree | Comments Off on Why aid to Africa must increase

Poorest countries hit by third wave of global financial crisis

First the advanced economies, then the emerging economies and now the world’s poorest and most vulnerable countries are being hit by the global crisis. This was according to Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF) on Tuesday this week as he launched a new report.  He said: “This puts at risk the major achievements of higher growth, … Continue reading

Posted by Nigel Tree | Comments Off on Poorest countries hit by third wave of global financial crisis