There is much talk - rightly - about improving development effectiveness. In Bill Easterly's excellent book The White Man's Burden, he points out that many aid organizations have multiple objectives without accountability, lack a culture of measurement and focus on high visibility activities rather than those with greater pay-offs - e.g. AIDS treatment rather than prevention.
East Asia and Pacific
In the 1850s, St Helena's capital, Jamestown, was one of the busiest ports in the world with 1,000-1,500 ships passing through each year. East Indiamen stopping on their journey home to England, American whalers revictualling after hunting sperm whales in the Southern Ocean, and Royal Navy ships intercepting slavers making the run between West Africa and the Caribbean - and dropping the freed slaves off in St Helena to recover - all meant that Jamestown was well known in shipping circles.
The World Bank's lead dam specialist Alessandro Palmieri believes that the Bumbuna hydropower project, in post-conflict Sierra Leone, exemplifies the right way to implement stakeholder involvement in hydropower projects.
Having returned to Washington DC in time for summer – lots of sun, heat, and humidity – the weather feels like I never left Aceh. I still sometimes find myself amazed and almost giddy from enjoyment of the bacteria-free hot water for showers and baths, a stable supply of electricity, the absence of dengue/malarial mosquitoes and regularly recurring stomach ailments.
What will tomorrow’s corporate giants look like? The rapid rise of world-beating firms from emerging economies ranging from hi-tech to extractives sectors, is already prompting changes in corporate strategy to stay ahead of the game. Now, a UK-based think tank, Tomorrow’s Company, has teamed with leading firms to launch an inquiry addressing core questions on the future role of business in society.
He was too modest to tell you himself, but this blog's co-founder may well be the next economist crossover star. Tim Harford, everyone's favorite Undercover Economist, is in the midst of a 4-week special on the BBC2. "Trust Me I'm an Economist" applies the lessons of economics to everyday problems with love, work and more.
In honor of World Water Week in Stockholm, check out this brand-new report from the International Water Management Institute on the relationship between water scarcity, agricultural production methods and global trade patterns. The comprehensive assessment of water management in agriculture gives the following optimistic assessment (and then immediately recognizes the political impossibilities):