Important developments today:
1. Government bonds from the euro-zone’s most indebted countries advance
2. U.S. Q1 GDP stays at 1.8% in revised estimate
Right after the holiday season Greece announced their controversial plan to build a 12 km long wall to stop the flood of illegal immigrants to the EU. The wall will cover only a fraction of the total length of the border and is aimed to be built in the area that is worst affected by illegal border crossings estimated to amount to 350 people every day, making Greece the leading entry point of illegal immigrants to the EU. As provocative as it may sound, in an economy that is suffering from severe difficulties and rampaging unemployment figures, blocking immigrants from entering is becoming one of the priority political actions to moderate fiscal expenses that is visible to the domestic population. Even though opponents have raised loud objections against the project, according to a recent poll 59 percent of the Greeks approved of the plan. And one has to admit it has an intuitive appeal of simplicity and logic: once you close the drain the flow will stop. Yet, as simple as it may sound, this is not how it works.
On September 16 Greece announced that it plans to issue a diaspora bond. In the past the governments of India and Israel have raised over $35 billion dollars, often in times of liquidity crisis. Preliminary estimates suggest that Sub-Saharan African countries can potentially raise $5-10 billion per year by issuing diaspora bonds. Countries that can potentially consider diaspora bonds are Bangladesh, Colombia, El Salvador, Ghana, India, Jamaica, Kenya, Mexico, Morocco, Nepal, Nigeria, Pakistan, Philippines, Romania, Senegal, South Africa, Sri Lanka, Uganda, Zambia, and Zimbabwe (and also Greece, Ireland, Italy, South Korea and Spain).
Using large international events to get attention for a development objective is a pretty good idea. Events like the Soccer World Cup are so called media events - events that capture the attention of a large audience, that break our routines, and unify a large scattered audience. Whatever team you were cheering for, you weren't the only one cheering for it, and didn't you feel like your team's friends were also your friends? This kind of mood - attention and a feeling of community - provides a great environment for campaigns that want to raise awareness about certain issues or that want to change norms and behaviors.
- South Africa
- Cote d'Ivoire
- World Cup 2010
- Public Viewing in Africa
- Media Events
- Japan International Cooperation Agency
- Give AIDS the Red Card
- Elihu Katz
- development communication
- Development Campaigns
- Daniel Dayan
- communication for development
- Communication Campaigns
- Brothers for Life
- behavior change
- Awareness Raising
Greeks and Greek-Americans in the U.S. Diaspora, like myself, have been watching the strikes, demonstrations and tragic deaths that have brought our country to a standstill with mixed emotions. The images of Athens burning, tear gas rising and riot police clashing with citizens sharply contrast with images of white sandy beaches, beautiful islands, historic landmarks and mouthwatering cuisine that usually come to mind. Despite feelings of shock, sadness and even anger, to those who know Greek public political culture in its entirety, it is not surprising to most that this day would eventually come. Greek citizens, immigrants and those with strong ties to the country, admit the role that societal norms, mainly tax evasion, nepotism, clientelism and bribery (all very persistent in Greek public political culture) are in part responsible for bringing the country to the brink of collapse. For the past decade, Greek citizens did not heed warning their culture of corruption and the shadow economy could not sustain the system.