Doing Business in 2006: Generating Jobs is being launched tonight, so Iva of the Doing Business team will be guest blogging with us for the next few days. She will be traveling with World Bank-IFC PSD VP Michael Klein to London and Johannesburg to launch the new report, and will be sharing with us her insights along the way. Our first guest blogger! (and hopefully many more to come)
In a debate on the BBC News website, Frederik Erixon explains:
The new 'big push' of development aid has been tried many times before but always with dismal results. The call for redoubling aid to eradicate poverty has been responded to many times over, but it has never delivered what it promised.
Jeff Sachs retorts:
FDI will continue to grow in the short and medium term, according to UNCTAD's most recent Global Investment Prospects Assessment.
The Shell Foundation has recently published 'Aid industry reform and the role of enterprise'. (Disclosure: I once worked for Shell.) The report - really an extended op-ed - offers an interesting contrast between what an entrepreneur has to do to get a loan, and what the aid industry needs to do.
There's now a pretty strong consensus that official development assistance not only failed to boost economic growth in poor countries, but on the whole appears to have reduced it.
ODI has launched a virtual Forum on the Future of Aid (FFA).
…dedicated to research and opinions about how the international aid system currently works and where it should go next. The Forum is a discussion network, with expert research, briefing and consulting support, dedicated to the international aid system - the so-called 'aid architecture' - and how it evolves over time.