* European Report on Development 2012 out: 'Business as usual no longer an option'
* Changes in the EU’s 'Agenda for Change'?
* Post-2015: Monitoring financing for development and 'development friendliness'
* EU-Africa trade agreement live, threat to end market access still looms
* Aid for Trade and innovative financing
* African Union response to Arab Spring an exception?
++ SERIES: ECDPM ANALYSIS OF NEW EU DEVELOPMENT POLICY REFORM PROPOSALS ++
Fragility is notoriously and closely related to human suffering, volatile security situations and to ineffectiveness of traditional aid. The continuum of fragility – conceptualizations which characterise the relative strength or weakness of states on a continuum with state failure and collapse at one extreme and states characterized by serious vulnerabilities at the other – is high on the global political agenda. EU Foreign Ministers acknowledged that some countries are “facing increasing fragility” and committed to target their resources at countries in situations of fragility as one of their priorities in their latest Foreign Affairs Council’s Conclusions adopted on 14 May. The primary determinant of resource allocation will be the needs of those living in situations of fragility.
Identifying the needs of people, however, might be difficult in fragile settings. Lack of legitimacy, capacity....
Leaders accross the globe are moving to speed up progress on combating hunger and malnutrition. In his latest blog, Ian Scoones asks: will these initiatives really deal with the underlying political economic conditions that keep people poor? Or will the alliance create a two-track Africa instead, dividing those able to benefit from private investment and neoliberal policy from those who lose out? Scoones argues that the alliance 'fails to address the wider political and institutional questions and the needs and priorities of many of the region's people'.
Enthusiasm for budget support has waned. Last year four major bilateral budget support donors (the UK, Germany, the Netherlands and Sweden) signalled plans to slash their allocations for general budget support – a trend fuelled by dissatisfaction with its assessed impact. However, Friday’s Independent Commission for Aid Impact (ICAI) report on the ‘management of UK budget support operations’ paints a more optimistic picture.
China Africa Development Fund, the equity investment arm established by China Development Bank and launched at the 2006 Beijing Summit of the Forum on China Africa Cooperation, has failed in its effort to raise $2 billion on the capital markets. Instead, says a story published by China's vigorous economics newspaper Caixin, the state will arrange a second injection of foreign exchange: "The fund’s parent, China Development Bank (CDB), arranged the US$ 2 billion worth of eight- to 10-year loans at bargain interest rates after CADF’s cash injection plan, some two years in the making, won State Council approval in March."
Simon Maxwell and Mikaela Gavas analyse the Conclusions regarding the new EU development policy, ‘Agenda for Change’, published by the EU Foreign Affairs Council in October 2011. They ask what has been gained and lost in the process, and whether it is now possible to see what kind of settlement will be reached when the Multi-Annual Financial Framework for 2014-20 is agreed.
This paper looks at how food aid could be made more effective, in the light of recent food price trends, and examines how different approaches could affect trade and development. The author argues in favour of establishing international rules that will provide a meaningful framework for ‘bona fide’ food aid.
East African Legislative Assembly, Arusha, May 23, 2012: The East African Legislative Assembly (EALA) has today passed a Resolution urging the EAC Council of Ministers to engage the European Union (EU) to address pertinent concerns and contentious issues raised by the Assembly, prior to the conclusion of the talks. According to the Resolution, EAC suffers from chronic supply-side constraints and challenges and if implemented, the economic bloc stands to lose tariff revenue amounting to approximately USD 301 million yearly. Kenya alone, shall lose tariff revenue amounting to USD 193.8 Million a year. At the same time, the Assembly is calling for a status report by the Secretary General every four months until the deliberations of the EPA talks are concluded and signed.
A rising tide may not now lift all boats, to misquote US President Kennedy’s original analogy made in 1963 linking economic growth to prosperity for all. Can governments maintain the social cohesion needed for sustainable, long-term growth? Supporting an equitable income distribution remains one of the key goals of fiscal (and tax) policy.
CARICOM member states which comprise the borrowing member countries of the Caribbean Development Bank (CDB), the Dominican Republic and Suriname will be the beneficiaries of funding from the European Union (EU). CDB’s Board of Directors has approved the Management of the Bank entering into a contribution agreement with the European Union (EU) for a €3.5 million Economic Partnership Agreement (EPA) Standby Facility. The implementation period of the Facility will be thirty-six months. However, the two parties may agree to an extension. These funds are to be used by the beneficiary countries for national EPA implementation units; for administrative, technical and other support for national focal points and for technical assistance assignments to advise on or to assist in taking advantage of opportunities under EPA.
Follow-up to high-level forum identifies key areas including untied aid, but commitment of emerging Bric donors unclear
It is an apt time to reflect on whether the AU's response to events taking place in North Africa over the past year is an exception to the organisa-tion's track record of greater engagement in conflict resolution and political peer pressure among African leaders, or a sign that the old rules of the "dictators' club" of the 1970s and 80s still prevail? There are three explanations for the reform of the OAU, which are important to understanding whether and to what extent the new principles adopted by the AU have been consolidated since 2002: an overall increase in the number of African democracies; an active role played by "norm entrepreneurs" within the OAU secretariat and the AU commission; and strong leadership by key member states.
The Pacific bloc of the African Caribbean and Pacific (ACP) grouping has urged the European Commission (EC) to officially respond to its proposals on the Economic Partnership Agreement (EPA) with the European Union (EU). “The Pacific region remains committed to concluding negotiations for a comprehensive Economic Partnership Agreement with the European Union by 2012, as directed by our Leaders last year,” said Tonga’s Minister for Labour, Commerce and Industries and the Pacific ACP Lead Spokesperson, Hon. ‘Isileli Pulu.
This working paper examines the proposed changes to the post-Busan governance structure and provides an analytical framework to assess the merits and challenges for establishing a
legitimate governance mechanism for the development cooperation architecture. We argue that the success of Busan in establishing a Global Partnership and making it truly global will depend
on the extent to which stakeholders see the governing mechanism as legitimate in terms of its inclusivity, representativeness and effectiveness.
See also: Fact Sheet: G-8 Action on Food Security and Nutrition at: http://www.whitehouse.gov/the-press-office/2012/05/18/fact-sheet-g-8-action-food-security-and-nutrition