Ukrainian President Viktor Yushchenko is to disband the country's traffic police because it has proved impossible to stamp out corruption. He has ordered a decree to be drawn up abolishing the department, which employs 23,000 people.
Read the full story at the BBC website. This is the 'big bang' approach to corruption. President Yuschenko is also trying to eliminate swearing:
A new online discussion has been launched on the role of the private sector in natural disaster recovery and risk mitigation. All are encouraged to participate.
Paolo de Renzio and Andrew Rogerson of the Overseas Development Institute argue in Power to Consumers? A bottom up approach to aid reform that for all the fuss about harmonizing aid efforts, competition can be helpful and is a more productive way out of chaos and fragmentation. They propose, for example, that before any donor agency can receive funds from the proposed International Financing Facility, they must be sufficiently highly rated by recipient countries.
In the latest issue of his magazine, Steve Forbes wonders why Mexico’s growth rate is such a disappointment. His answer: unnecessary and burdensome regulation.
The recent issue of the Economist continues their coverage of the importance of cellular phones for development (which we have highlighted before).
The 2005 G8 summit in Gleneagles has come to an end. Despite where you stand on what was (or was not) accomplished, here is what they say about private sector development in the summit’s final statements: